The Australian government has effectively cut its losses in the Trans-Pacific Partnership, signalling support for Chinese-led trade deals before a meeting this weekend of the Asia-Pacific Economic Cooperation group in Peru. Source The Guardian
A rally was held outside the office of the United Nations in Yemen’s capital Sanaa on Monday to protest against measures of the Saudi-led coalition to hold and prevent ships carrying oil products from docking at Yemen’s ports, the Houthi-controlled Saba news agency reports as the warring parties in the nearly four-year-long conflict hold UN-brokered peace talks in Sweden. Source: Oil Price
A Chinese court has banned the sale and import of most iPhone models in a stunning decision amid the trade war between the United States and China. Source: CNN
Venezuela’s President Nicolas Maduro said on state television that Venezuela would put in place in 2019 a program to sell all its oil production in the Petro cryptocurrency, which the leader is touting as the first state-backed oil-backed digital currency. Source: Oil Price
