October 4, 2021

Kishida elected next Japanese PM

 Fumio Kishida, leader of Japan’s ruling Liberal Democratic Party (LDP), was elected on Monday as the country’s new prime minister to succeed Yoshihide Suga. Mr. Kishida received 311 of 458 votes in the House of Representatives. After naming his new Cabinet in the afternoon, Kishida will formally deliver a policy

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US ends Vietnam timber probe, no tariff

– The US has decided to not take any trade action on Vietnamese timber following a 12-month investigation into alleged illegal harvesting and trade. The two countries have come to an agreement that provides a satisfactory resolution of the matter subject to investigation and that no trade action is warranted at

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OPEC meets on output increase as oil prices rally

The Organization of the Petroleum Exporting Countries (OPEC) and its allies met on Monday to debate how much oil to release into the red hot market, where supply disruptions and recovering demand from the coronavirus pandemic have pushed oil above 80 USD per barrel. The oil market has changed little

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