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U.S. Senate committee passes Russia energy bills, delays vote on sanctions 'from hell'
WASHINGTON (Reuters) - A U.S. Senate committee approved legislation on Wednesday targeting Russian energy and boosting NATO but delayed voting, likely until next year, on a measure often known as the "sanctions bill from hell" to punish Moscow for meddling in the 2016 U.S. election.
Cambodia PM dismisses EU sanctions threat, says Brexit will limit impact
PHNOM PENH (Reuters) - Cambodian Prime Minister Hun Sen on Wednesday dismissed a threat from the European Union (EU) to halt special trade privileges with the Southeast Asian country over human rights, saying Britain's exit from the bloc will ease the pain of sanctions.
Exclusive: U.S. Army will fund rare earths plant for weapons development
(Reuters) - The U.S. Army plans to fund construction of rare earths processing facilities, part of an urgent push by Washington to secure domestic supply of the minerals used to make military weapons and electronics, according to a government document seen by Reuters.
Indonesia targets starting up EV battery plants
JAKARTA: Indonesia is aiming to start making lithium batteries for use in electric vehicles in 2023, alongside plants that are already slated to produce chemicals used in the batteries, according to the minister who oversees the energy and mining ministry.
China’s leaders gather to set economic targets for 2020
BEIJING: China’s top leadership will set the target for economic growth at "about 6%” for 2020 as they meet this week for their annual policy conclave, according to a survey of economists.
Explainer: What an EU carbon border tax might look like and who would be hit
BRUSSELS (Reuters) - The European Commission plans a carbon border tax aimed at shielding European steel producers and other energy-intensive industries against cheaper imports from countries with less strict climate policies.
Indonesia exploring all options to counter EU’s biodiesel tariff
JAKARTA: The Indonesian government says the European Union’s tariffs on the Asian nation’s biodiesel shipments are "unacceptable” and all options to counter the policy are on the table, including retaliatory actions.
Vietnam to fall short of fisheries export target
HO CHI MINH CITY (ANN): Vietnam's fisheries exports are unlikely to meet the US$10bil target set by the Government for this year because of the multiple challenges like the US-China trade war, lack of demand and increasing competition.
China says hopes it can reach trade agreement with US as soon as possible
BEIJING: China said on Monday (Dec 9) that it hoped to make a trade deal with the United States as soon as possible, amid intense discussions before fresh US tariffs on Chinese imports are due to kick in at the end of the week.
EU fuels Indonesia trade tensions with five-year biodiesel tariffs
JAKARTA: The European Union imposed five-year tariffs on biodiesel from Indonesia to counter alleged subsidies to producers in the country, a move that could prompt the Indonesian government to retaliate.