The European Commission has presented draft legislation aimed at taming the multi-trillion-euro shadow banking industry in the 28-member bloc. The idea is to make unregulated money market funds safer. The EU executive said the draft...
Ukraine has accused Russia of launching a trade war as Moscow has tightened customs rules for imports from its Western neighbor. Key to the conflict is a trade pact that promotes Kyiv’s ties to the...
Japan has filed a trade complaint against new WTO member Russia over a fee the latter levies on car imports. Critics allege the tax is illegal, as the fee meant to cover recycling costs did...
This month marks two years since NASA’s final space shuttle launch from Florida. The end of NASA’s Space Shuttle program has led to the commercialization of the industry. For years, NASA was only rivalled by...
At the outset of his term, the new president of Iran, Hassan Rouhani, will confront a thicket of national and international challenges. Rouhani’s presidential term starts at a particularly challenging time; the Islamic Republic of...
China’s advancing technological prowess has reached the point where is has overtaken Europe in the fields of space research and travel. Germany is also finding ways to assist the Asian nation’s missions. China’s latest space...
Old satellites and pieces of shuttles are floating in the space around Earth. Is space debris dangerous? What can we do about it? Experts are discussing solutions at a conference in Germany. At the 6th...