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Seven Hotspots That Will Dominate Trump’s First Asia Summit

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Donald Trump, Xi Jinping and Vladimir Putin are among 21 leaders meeting in Vietnam this week for the Asia-Pacific Economic Cooperation summit. Together they represent 40 percent of the world’s population and 60 percent of its economy. Here’s a look at the hot issues around the globe that are likely to dominate discussions: North Korea’s Nukes The biggest threat to regional stability is North Korea’s nuclear weapons program, but finding a way to defuse it remains elusive. It’s rising tensions in the Gulf, with Saudi Arabia blaming Iran-backed Yemeni rebels for an attempted missile attack on Riyadh’s international airport on […]

OPEC Says ‘Extraordinary’ Steps Needed for Stable Market in 2018

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Oil producers are succeeding in re-balancing an oversupplied market, though they may need to take further steps to sustain the recovery into 2018, OPEC Secretary-General Mohammad Barkindo said. Saudi Arabia and Russia are currently leading consultations between the Organization of Petroleum Exporting Countries and other major suppliers about the future of their agreement to cut oil output, Barkindo said Sunday in New Delhi. The pact expires in March, and oil producers are debating whether to extend it later into the year. “There is a growing consensus that, number one, the re-balancing process is underway,” he said after meeting with Indian Oil […]
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