Commentary:The Trump administration is taking a dangerous approach to trade by blocking appointments of new judges to the appeals court of the World Trade Organization, writes policy analyst and former WTO lawyer Simon Lester. “The Trump administration has now taken confrontation to the extreme… Holding the system hostage without proposing specific reforms is unproductive.”
A Urals brewery made a slight miscalculation with the amount of special #WorldCup 2018 beer prepared for the Egypt-Uruguay match. But all is not lost - Mexico are yet to arrive in town https://reut.rs/2yxGOUG
The European Union will begin charging import duties of 25 percent on a range of U.S. products on Friday, in response to U.S tariffs imposed on EU steel and aluminum early this month, the European Commission said.
A $2 billion fraud at India’s Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the bank’s own internal probe has found.
South Korean cryptocurrency exchange Bithumb said 35 billion won ($31.5 million) worth of virtual coins were stolen by hackers, the second local exchange targeted in just over a week as cyber thieves exposed the high risks of trading the digital asset.