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Largest US banks would survive recession: US Fed

By Agence France-Presse The largest US banks are "strongly capitalized" and would survive a severe global economic recession, the Federal Reserve announced Thursday. So-called stress testing…

The EU has put tariffs on emblematic American products like jeans (GETTY IMAGES NORTH AMERICA/AFP/File / JOE RAEDLE / MANILA BULLETIN)

EU slaps tariffs on US as trade war erupts

By Agence France-Presse The European Union slapped revenge tariffs on iconic US products including bourbon, jeans and motorcycles on Friday in its opening salvo in…