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Members of the World Trade Organization have agreed on a provisional 2020 budget and delayed their decision on a budget for 2021, Bloomberg reported Dec. 5. The spending plans reportedly include many of the U.S. key demands on funding.
Bilateral relations with the United States shouldn't affect a country's decision to introduce a tax on digital services, Italian Prime Minister Giuseppe Conte said Dec. 4, adding that a decision to impose such a tax was within a country's sovereign rights, Reuters reported.
With an increasingly cash-strapped and hungry citizenry, the survival of Zimbabwe's current government will hinge heavily on keeping its security forces paid and happy. Though doing so will be no easy feat given the country's depleted reserves.
British-Australian mining giant Rio Tinto has halted its operations at the Richards Bay Minerals site in South Africa following an outbreak of violence against its staff by surrounding communities, Mining Weekly reported Dec. 4.
Japan has pledged $3 billion of investments from public and private institutions in the coming years to support infrastructure projects, gender equality and environmental protection in member countries of the Association of Southeast Asian Nations (ASEAN), Japan Today reported Dec. 3.
The United States has threatened to place additional tariffs on EU imports after a World Trade Organization panel ruled that the bloc had not fully complied with previous rulings and maintained its illegal subsidies for Airbus, Deutsche Welle reported Dec. 3.
The United States will impose tariffs on steel and aluminum imports from Argentina and Brazil over allegations that both countries are devaluing their currencies, U.S. President Donald Trump announced via Twitter on Dec. 2.
The Chinese government has suspended regularly scheduled visits by U.S. naval vessels and aircraft to Hong Kong in response to President Donald Trump signing a bill into law in support of anti-government protests, the South China Morning Post reported Dec. 2.