US plans more aid for farmers amid China trade spat

CHICAGO, WASHINGTON: US Agriculture Secretary Sonny Perdue said on Friday that President Donald Trump had asked him to create a plan to help American farmers cope with the heavy impact of the US-China trade war on agriculture. A new aid program would be the second round of assistance for farmers, after the Department of Agriculture’s […]

P&O Ports appointed as operator of port of Novi Sad, Serbia

DUBAI. A Public-Private Partnership, PPP, agreement was signed by P&O Ports and the Serbian government to operate the port of Novi Sad, Serbia as part of a long-term investment plan to upgrade equipment and services. The agreement will also support the Serbian government’s strategy to create an intermodal terminal and logistics centre with rail, road […]

US consumer prices rise; underlying inflation benign

WASHINGTON: US consumer prices rose moderately in April and underlying inflation remained muted, suggesting the Federal Reserve could keep interest rates unchanged for a while. The persistently benign inflation reported by the Labor Department on Friday could, however, increase White House pressure on the US central bank to cut rates. President Donald Trump has repeatedly […]

China names its trade-deal price as Trump sets month deadline

Beijing: China for the first time made clear what it wants to see from the US in talks to end their trade war, laying bare the deep differences that still exist between the two sides. In a wide-ranging interview with Chinese media after talks in Washington ended Friday, Vice Premier Liu He said that in […]

DON’T PUBLISH: US consultancy beefs up MENA military advisory with raft of new hires

Dubai: The US consultancy Booz Allen Hamilton has overseen a recent flurry of hiring activity at its Middle Eastern military advisory practice, with at least 19 new defence-related jobs advertised since last month. The majority of the roles are based in either Abu Dhabi or Saudi Arabia. The UAE and Saudi Arabia are spearheading a […]