World--China Economic Net

The United States will impose ad valorem tariffs ranging from 10 percent to 100 percent on imported drones as well as their parts and components, according to a proclamation signed Thursday by U.S. President Donald Trump.

U.S. forces disable ship accused of breaching Iran blockade2026-08-12
U.S. forces on Tuesday disabled the steering gear of a Panamanian-flagged cargo vessel as it allegedly tried to breach the U.S. blockade of Iranian ports, according to a statement from the U.S. military's Central Command (CENTCOM).

Colombia quake death toll rises to 132, over 570 injured2026-08-11
The death toll from a magnitude-7.4 earthquake that struck western Colombia on Monday has risen to 132, with more than 570 others injured, the Colombian government said in its latest update.

Nearly three-quarters of England in drought as another heatwave approaches2026-08-11
Almost three-quarters of England is now in drought as conditions worsen following a dry start to August, the National Drought Group warned on Monday.

Netanyahu delaying Gaza deal until after October elections: Palestinian FM2026-08-10
Palestinian Foreign Minister Varsen Aghabekian Shahin on Sunday accused Israeli Prime Minister Benjamin Netanyahu of seeking to delay a Gaza deal until after Israel's October elections, as Netanyahu formally rejected a U.S.-led peace roadmap.

Iranian parliamentary committee approves Hormuz Strait security action plan: media2026-08-10
The Iranian parliament's national security and foreign policy committee has approved the general outlines of a strategic action plan to "ensure the security and sustainable progress" of the Strait of Hormuz and the Gulf, the official news agency IRNA reported Sunday.

China-Tanzania healthcare cooperation brings AI-powered diagnosis to patients2026-08-10
In a radiology room at Lumumba Regional Hospital in Tanzania's Zanzibar, a quiet technological shift is reshaping how doctors detect disease, make decisions, and save lives.

Iran to continue path of peace if U.S. builds trust: president2026-08-09
Iranian President Masoud Pezeshkian said Saturday Tehran will keep pursuing the path of peace under the memorandum of understanding (MoU) signed recently with the United States, provided that Washington helps build an atmosphere of trust.

Ukraine reaches deal with U.S. on monthly deliveries of interceptor missiles: Zelensky2026-08-09
Ukraine has reached an agreement with the United States on monthly deliveries of interceptor missiles for the Patriot air defense system, although the supply remains insufficient, Ukrinform news agency reported Saturday, citing Ukrainian President Volodymyr Zelensky.

Iranian President Masoud Pezeshkian has reaffirmed the country's commitment to pursuing dialogue for safeguarding its rights while highlighting that Tehran will not be forced to surrender.2026-08-08
The UN Children's Fund (UNICEF) is taking action against an employee over allegations that he spied for Israel in his previous UN job, a UN spokesman confirmed Friday.

Iran's president says Tehran favors dialogue, but won't be forced to surrender2026-08-08
Iranian President Masoud Pezeshkian has reaffirmed the country's commitment to pursuing dialogue for safeguarding its rights while highlighting that Tehran will not be forced to surrender.

U.S. appeals court blocks Trump's 400-mln-USD White House ballroom project2026-08-08
A divided federal appeals court in Washington ruled on Friday that U.S. President Donald Trump is unlawfully constructing a massive 400-million-dollar new ballroom at the White House, while pausing the ruling for 14 days to allow the administration to seek Supreme Court review.

Trump signs executive order to impose 15 pct tariff on polysilicon imports2026-08-07
U.S. President Donald Trump on Thursday signed an executive order imposing minimum import prices and a 15 percent tariff on products made from polysilicon, a key material for solar panels and semiconductors.

Italy places all major cities under top heat alert2026-08-07
Weather forecasters said the current spell of scorching temperatures is expected to persist for at least another 10 days, with temperatures reaching around 40 degrees Celsius in parts of Italy.

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A window into the Greek and European economy.

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Europe’s Car Crisis Goes Beyond China

Europe’s automotive problems are increasingly structural. Tariffs might slow the arrival of Chinese-made cars, but they cannot make an expensive factory competitive, restore lost technological ground or create demand that is no longer there.