Trump Bans US Use of Venezuelan Cryptocurrency

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The Trump administration on Monday banned all use by Americans of Venezuelan cryptocurrency, saying that its introduction is intended to skirt U.S. sanctions. In a separate move, the administration also slapped sanctions on four current and former senior Venezuelan officials accused of corruption and mismanagement.…


Indonesia to Effectively Continue Fuel Subsidy

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Indonesian president Joko "Jokowi" Widodo has instructed ministers to keep fuel prices stable over the next two years, said Energy Minister Ignasius Jonan, which would, in effect, continue a controversial fuel subsidy scheme that analysts say has negatively impacted growth and the environment.  The Ministry…


Annual Energy Conference Showcases New Technologies

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At this week's three-day Energy Innovation Summit, organized annually by the U.S. Department of Energy's Advanced Research Projects Agency, or ARPA-e for short, experts, entrepreneurs, investors and government officials shared ideas, research results and experiences about challenges facing the generation, transformation, distribution and storage of…


Trump to Weigh New Tariffs Targeting China 

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White House trade adviser Peter Navarro said Thursday that President Donald Trump would soon consider new punitive measures against China for its alleged “theft” of intellectual property. U.S. officials, according to news accounts, are considering imposing as much as $60 billion in annual tariffs against…


US Pursues WTO Action on Indian Export Subsidies 

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U.S. Trade Representative Robert Lighthizer said Wednesday that the United States would challenge Indian government export subsidies because they hurt American workers and manufacturers. Lighthizer said he had requested "dispute settlement consultations" with the Indian government at the World Trade Organization because the subsidies allow India…