North Korea's Flag

The $10 trillion mineral resources North Korea can’t tap

North Korea may not have proved petroleum reserves, but it’s estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up to US$10 trillion. Of course, there are no official reports on how much North Korea’s mineral wealth really is, but according to rough estimates from earlier this…

EU Flag

EU states at odds over steel tariffs against Russia, Brazil

European Union governments rejected the bloc’s proposed measures to levy punitive tariffs on hot-rolled steel from Brazil, Iran, Russia and Ukraine on Thursday, with some member states considering the measures too lax, others too tough. European steelmakers have accused the four countries of dumping the steel used in construction and machinery and the European Commission,…