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Germany must work harder to reduce its energy-dependence on Russia but Western sanctions in response to Moscow’s attacks in Ukraine are still taking a heavy toll on Russia, German Economy Minister Robert Habeck said on Thursday. “The Russian economy is collapsing,” Habeck told lawmakers, adding that Germany had played its …

South Korea’s prime minister on Friday said the country will lift its quarantine requirement for foreign arrivals without vaccination from June 8 and also start lifting aviation regulations imposed for international flights. However, the government will maintain the requirement of a negative polymerase chain reaction (PCR) test result prior to …

The Biden administration is considering “all options” as it reviews potential changes to U.S. duties on Chinese imports, including tariff relief and new trade investigations in a shift of focus to strategic concerns with Beijing, Deputy U.S. Trade Representative Sarah Bianchi said on Thursday. Bianchi told Reuters in an interview …