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US, China agree not to raise tariffs on Chinese goods

US president on Saturday agreed to not raise the tariff rate on goods imported from China, the White House announced. According to a statement issued by the White House, President Donald Trump and Chinese President Xi Jinping held a "highly successful meeting" during the sidelines of...

Vatican enters European bank system in new sign of progress

The Vatican has made more progress in its path to greater financial transparency by securing approval to join the European banking system that harmonizes electronic payments across the continent. With the endorsement of the European Council, the Vatican City State and Holy See are now...

Global trade is at stake as Trump and Xi come face to face

To hear President Donald Trump tell it, he was made for a moment like this: A high-stakes face-off. A ticking clock. A cagey adversary. The man who calls himself a supreme dealmaker will have the opportunity this week to put himself to the test. The question is whether he can defuse a...