Economic Indicators

Trump symbolically tightens embargo on Cuba

U.S. officials say the Trump administration is preparing to tighten the six-decade trade embargo on Cuba on Monday by allowing some lawsuits against foreign companies using properties confiscated by the Cuban government after its 1959 revolution.

Liberia police charge son of ex-leader in banknote scandal

Liberian police have formally charged the 61-year-old son of the country's former president, Ellen Johnson Sirleaf, in connection with an investigation into the unlawful overprinting of local currency worth millions of U.S. dollars.

Bank of Cyprus chief executive to depart in September

The chief executive of Cyprus' largest bank says he will quit his position in September after nearly six years to take up a "commercial opportunity" in the U.K. John Patrick Hourican, the CEO of Bank of Cyprus, said Monday that he leaves the bank in "its strongest capital position in living memory.

Indonesia and Australia sign pact eliminating many tariffs

Indonesia and Australia were to sign a free trade agreement Monday that will eliminate many tariffs, allow Australian-owned hospitals to be set up in the giant Southeast Asian country and increase work visas for young Indonesians.