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Global financial leaders wrapped up an annual meeting of the International Monetary Fund and World Bank yesterday, by urging countries to brace for potential risks from trade disputes and other tensions.
The United States would have most to lose if it started a trade war with other countries, while China would be better off after retaliating, a simulation by the European Central Bank showed on Wednesday.
China will levy tariffs on about $60 billion worth of U.S. goods in retaliation for the latest round of U.S. tariffs on Chinese products, as previously planned, but has reduced the level of tariffs that it will collect on the products.
US President Donald Trump is now considering a 25 per cent tariff on $200 billion in Chinese imports, rather than the 10 per cent previously touted, reports said Tuesday.
China will fight back firmly with “qualitative” and “quantitative” measures if the U.S. publishes an additional list of tariffs on Chinese goods, the commerce ministry said, accusing the U.S. of initiating a trade war.
Senator Ifeanyi Okowa, the Delta State governor, has warned that nobody has the right to appoint himself traditional ruler.
The Management of the National Youth Service Corps, NYSC, has released call-up letters for prospective Corp members of Batch A 2019.
Liverpool defender Virgil van Dijk is already a "complete player" but can reach another level if he adds more silverware in his career, according to former coach Pascal Plancque.
The opposition party in Adamawa, the People’s Democratic Party (PDP), has continued its electoral surge, with Nassarawo Binyeri and Uba Gaya constituencies clinching victory for the party, thus forming a majority in the Adamawa state house of assembly.
Travelex Nigeria Limited at the weekend disclosed that Nigeria and other African countries “are losing over $50 billion annually through illicit financial flows.”
Former President Olusegun Obasanjo has raised the alarm over the current state of disunity in the country, stressing that Nigeria was not as divided as this during the civil war in comparison to the worst situation of things as they are now.
Dr Paul Okorie, a Chieftain of the All Progressives Congress (APC) in Ebonyi has called for the probe of the Independent National Electoral Commission (INEC) over the just concluded general elections in Ebonyi.
Lionel Messi has been ruled out of Argentina's friendly against Morocco on Tuesday "as a precaution" after suffering a groin injury in the 3-1 defeat by Venezuela.
The Institute of Human Virology Nigeria (IHVN) has resolved to move its Kano U.S. President’s Emergency Plan for AIDS Relief (PEPFAR) operations to Rivers in a renewed effort to control HIV/AIDS in the oil rich state.
The quick intervention of soldiers at about 12 noon on Saturday averted an erupting violence at Okwungaga polling unit, located in Ugbokolo town of Okpokwu Local Government area of Benue State.