Sunday, May 11, 2025

"Productive Talks": Official Says US, China Reach Deal To Cut Trade Deficit

US Treasury Secretary Scott Bessent on Sunday reported "substantial progress" in US talks with China's top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached as two days of negotiations wrapped up.

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Iran's Oil Minister Mohsen Paknejad Steps Down: Report

Mohsen Paknejad has been the oil minister of the OPEC member country since August 2024 and steps down as the seven-month war between Iran an...