Clashes Over Sand Mining Kill 2 in Gambia

A long-standing dispute over sand mining spawned violent clashes Monday in Gambia, with two people killed and others — including police officers — critically injured. The Julakay engineering and construction company is at the center of the dispute amid allegations of environmental exploitation in Faraba Banta village, about 50 kilometers …

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US Central Bank Raises Interest Rates

Leaders of the U.S. central bank raised interest rates slightly Wednesday and signaled that rates are likely to go higher as the economy continues to strengthen. At the end of two days of deliberation in Washington, the Federal Reserve set the key interest rate a quarter of a percent higher, …

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Trump Assails OPEC for High Oil Prices

U.S. President Donald Trump says oil prices are too high and blames the Organization of the Petroleum Exporting Countries. The 14 oil-producing nations in OPEC — Saudi Arabia, Iran, Iraq, Kuwait and Venezuela among them — produce about 40 percent of the world’s oil, but about 60 percent of the …

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China’s ZTE Stock Prices Plummet After US Deal

Shares of embattled Chinese telecommunications giant ZTE plunged more than 40 percent Wednesday, its first day of trading after agreeing to pay a $1 billion fine to the United States for violating trade sanctions. ZTE nearly went under after the Trump administration imposed a seven-year ban on the company from …

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