Japanese Bonds Crater After PM Takaichi Prepares To Issue Much More Debt To Pay For Gasoline Subsidies

5 Takeaways From The New US-China Tariff-Relief Product Lists Authored by Arthur Zhang via The Epoch Times, The United States and China have released product lists covering about $30 billion in imports in each direction that could receive lower tariffs under an agreement reached after Chinese leader Xi Jinping's visit to Washington. The lists cover 77 categories of Chinese goods entering the United States and 1,619 categories of U.S. goods entering China. Here are five takeaways from the agreement. Limited Category of Trade Covered The arrangement covers goods the two countries have designated as "non-sensitive,"...

UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels Confirming reports from earlier this week, the latest estimates from the International Energy Agency signaled that the United Arab Emirates (UAE), which unexpectedly quit OPEC earlier this year in a shock move that threatened the cohesion of OPEC, produced 4.1 million barrels per day (bpd) of crude oil in June, its highest output ever. The UAE’s crude oil production jumped from 3.3 million bpd in May to 4.1 million bpd in June after the country left OPEC effective May 1, started raising output, and...