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German Chancellor Angela Merkel gestures during a joint press conference with the Croatian Prime Minister in Berlin on August 28, 2018. - AFP PHOTO - Tobias SCHWARZ

Germany eases immigration rules to attract foreign job seekers

Worker-starved Germany will ease immigration rules to attract foreign job seekers, including giving well-integrated irregular migrants in employment a shot at staying, ministers said Tuesday.
FILE PHOTO: Protests against Germany's "Dieselgate" in front of Germany's Federal Ministry of Transport and Digital Infrastructure where ministers and car executives hold a meeting to agree ways to cut inner-city pollution to try to stave off bans on diesel cars and restore the tarnished reputation of the country's auto industry in Berlin, Germany, August 2, 2017. REUTERS/Hannibal Hanschke/File Photo

Minister: German taxpayers will not finance diesel retrofits

German Transport Minister Andreas Scheuer said on Wednesday that his plan to battle air pollution in cities by retrofitting older diesel vehicles would not require taxpayer funds or money from the car owners.
Mauricio Macri

Argentina cuts ministries from 22 to 10, slams taxes on exports

Argentina’s President Mauricio Macri announced sweeping new austerity measures Monday including reducing government ministries by more than 50 per cent and imposing stiff taxes on exports to reduce budget deficits and stabilise the economy.
Dr Masoud Karbasian, Minister of Economic Affairs and Finance of the Islamic Republic of Iran

Iran parliament impeaches economy minister

Iran's parliament impeached Economy Minister Masoud Karbasian on Sunday in the latest blow to the embattled government as it struggles to face down a mounting economic crisis.
[FILE] US President Donald Trump speaks during a roundtable discussion on the Foreign Investment Risk Review Modernization Act in the Roosevelt Room of the White House on August 23, 2018. - AFP PHOTO - MANDEL NGAN

Donald Trump says trade deal with Mexico ‘could be happening soon’

Donald Trump on Saturday hinted that the US and Mexico were on the verge of finalizing a deal, as negotiators from both sides were holding talks through the weekend to revamp the North American Free Trade Agreement.
Turkish Minister of Economy Nihat Zeybekci | European Photopress Agency

Turkey: Iran oil import ban ‘not binding’

Turkey’s Economy Minister, Nihat Zeybekci, says the U.S. demand for countries to stop importing Iranian oil or face sanctions is “not binding’’ on Ankara.

China happy to see political stability in Italy

Italy is an important member of the EU and has traditionally friendly ties with China, the ministry spokeswoman, Hua Chunying, told a daily news conference in Beijing.

Oil prices fall amidst fears of market glut

Oil prices extended their decline from last week on growing expectations that major oil producers may ease their 17-month-old production cuts.

Italy’s president calls in former IMF official amid political turmoil

President Sergio Mattarella has called in Carlo Cottarelli after two anti-establishment parties angrily abandoned their plans to form a coalition in the face of a veto from the head of state over their choice of economy minister.

Angela Merkel seeks united front with China amid Donald Trump trade fears

Chancellor Angela Merkel visits China on Thursday, seeking to close ranks with the world's biggest exporting nation as US President Donald Trump shakes up explosive issues from trade to Iran's nuclear deal.

France warns Italy against breaking EU commitments

The stability of the eurozone will be at stake if a populist new government in Italy fails to keep its financial commitments, French Economy Minister Bruno Le Maire warned Sunday.

Canada’s Justin Trudeau sees high chance of NAFTA deal with US, Mexico

Canadian Prime Minister Justin Trudeau signalled Thursday he saw a strong chance of reaching a deal with the US and Mexico to revamp the North American Free Trade Agreement.

Germany: Donald Trump will fail if he tries to split Europe

US President Donald Trump “will not succeed” in dividing European nations against one another over trade, German Economy Minister Peter Altmaier warned Sunday ahead of a visit to Washington.

Donald Trump presses EU on trade barriers in tit-for-tat

President Donald Trump renewed his demand Saturday that the European Union halts its trade barriers to US products in order to spare his allies new steel and aluminum tariffs.

Turkey seeks free trade agreement with ECOWAS

Turkish Economy Minister Nihat Zeybekci has suggested that a free trade agreement will be a key step to boost business ties between Ankara and the Economic Community of West African States.

Greek economy minister quits in housing stipend row

Greece’s economy minister quit early Tuesday, the prime minister’s office said, hours after his wife was ousted as a junior minister over a housing stipend controversy.

Ex-Catalan leader Carles Puigdemont says he can govern from Belgium

Catalonia's former leader Carles Puigdemont, who was sacked by Madrid over his attempt to break from Spain, said Friday he can govern the region from Belgium where he is in self-exile as he eyes a comeback after scoring big in elections.

Catalan lawmakers elect separatist speaker as sacked leader eyes comeback

Catalan lawmakers on Wednesday elected a separatist as parliamentary speaker, the first stage of a plan by pro-independence deputies to get regional leader Carles Puigdemont, in self-exile in Belgium, back into power.

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Governor of Edo State, Mr. Godwin Obaseki

Edo government assures teachers on release of promotion letters

The Edo State Head of Service, Mrs. Gladys Idahor, has said the state government has approved promotion of teachers in primary and secondary schools in the state, noting that the affected teachers will soon get their letters.