Japan wants a massive trade deal without the US — but these countries stand in its way

However, internal divisions are a key obstacle as some participants look to rework existing provisions in light of Washington’s absence. “On the one hand, you have Japan, Australia and New Zealand who would like to push ahead with the agreement as is, just...

Russian central banker praises ‘normal’ interest rates — and gives her outlook for oil prices

The head of Russia’s central bank applauded the U.S. Federal Reserve’s moves toward higher, more historically “normal” interest rates, and called on other central banks to follow suit. At the same time, Elvira Nabiullina, governor of the...