Germany's trade surplus narrowed in January, as imports rose by more than four percent. Exports also rose, especially to countries outside the European Union.
German exports recorded a surprise fall in October for the second straight month while imports grew, narrowing the massive trade surplus of Europe’s biggest economy. But the decline is unlikely to silence critics.
Tensions over North Korea's nuclear ambitions and discord over the THAAD missile defense system are set to dominate the agenda when South Korean President Moon Jae-in meets his Chinese counterpart Xi Jinping this week.
Representatives of the 164 WTO member countries are in Buenos Aires for their biennial meeting. The odds of a breakthrough look grim against the backdrop of Donald Trump's 'America First' policy and discord over China.
The hostility between Turkey and Israel has resurfaced over recognizing Jerusalem as the capital of Israel. Meanwhile, in terms of economic relations, trade between the countries has been growing steadily.
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