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Germany forms €8-billion fund for flood victims
Germany Angela Merkel floodsFriday June 14, 2013 5:12AM ET
Germany confirmed it would be setting up a fund worth about €8 billion to help victims of record floods which left destruction across the country.
Iraq to produce 4.5 million barrels a day in 2014
Iraq oilThursday June 13, 2013 9:50AM ET
Iraq expects to increase oil production to 4.5 million barrels per day by the end of next year from around 3.5 million barrels now.
Sudan wants to be Iran's gate to Africa
Sudan IranThursday June 13, 2013 7:47AM ET
Sudan plans to strengthen its economic ties with Iran, especially in the auto industry, and wants to be a gate through which Iran will enter African markets.
Colombia and Israel to remove 70% of tariffs
Colombia IsraelThursday June 13, 2013 5:20AM ET
Colombia and Israel signed a free trade agreement and up to 70% of the sales between the two countries will be free of tariffs.
China's aircraft carrier fully operational
Liaoning China first aircraft carrierWednesday June 12, 2013 8:00AM ET
Liaoning, China's first aircraft carrier, has left its homeport to conduct scientific experiments and sea training, People's Liberation Army (PLA) Navy said.
Russia weapons sale $7 billion this year
Russia weaponsWednesday June 12, 2013 7:09AM ET
Russia has sold more than $7 billion worth of arms and military hardware in 2013, according to Federal Service for Military-Technical Cooperation.
India to invest $150 million in Myanmar Special Economic Zone
MyanmarWednesday June 12, 2013 5:27AM ET
India offered $150 million credit to Myanmar for establishing a Special Economic Zone at Sittwe in Myanmar's Buyer's Credit Scheme under National Export Insurance Account.
Sweden to help Uganda's export
Sweden UgandaTuesday June 11, 2013 8:59AM ET
Sweden has signed an agreement with Trade Mark East Africa (TMEA) providing $5.3 million to bolster its Uganda programme to increase exports.
Shinzo Abe's measures giving results
Shinzo AbeTuesday June 11, 2013 6:20AM ET
Japan government made some bold moves and the results are already visible: country's first-quarter economic growth was revised higher to an annualized 4.1 percent.
EU guarding its industry with totally wrong measures
South Africa citrusTuesday June 11, 2013 4:00AM ET
The European Union (EU) wants to stop some imports from South Africa, like citrus fruit, said Mxolisi Nkosi, South Africa's ambassador to Belgium.
Europe turns to the Middle East for science
SESAMEMonday June 10, 2013 8:30AM ET
The European Commission and CERN will support the construction of SESAME, one of the most ambitious research facilities in the Middle East.
Canada to impose tariffs on U.S. food
Canada US labelingMonday June 10, 2013 5:03AM ET
Canada warned that it may impose tariffs on a broad range of food, from beef to cheese to chocolate, if the United States doesn't change a meat-labeling policy.

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