Iraq pivots to yuan for China imports in defense of own currency
Iraq is planning to pay for private-sector imports from China in yuan, injecting foreign currency into the financial system to help ease pressure on the…
UK’s Sunak suggests he’ll seek Brexit treaty change from EU
UK Prime Minister Rishi Sunak suggested a coming deal with the European Union over post-Brexit arrangements in Northern Ireland would involve legal changes to the…
Taiwan cuts 2023 growth outlook on trade, inflation pressures
Taiwan cut its forecast for growth this year as weak exports continue to drag on the economy, while inflation is likely to pick up more…
Buttigieg bashing over response to Ohio derailment turns bipartisan
President Joe Biden called several officials during his trip to Poland on Tuesday for an update on an Ohio train crash that released toxic chemicals…
China’s binge on Russian oil hits African, South American producers
As China scoops up more and more discounted Russian oil, producers in Africa and South America are losing out.
Philippines to join largest trade pact after Senate approval
The Philippine Senate has approved the country’s participation in the Regional Comprehensive Economic Partnership, the world’s largest trade deal that includes China and Southeast Asian…
Airlines turn market darlings as Covid forces financial clean up
Unloved during the pandemic as their businesses were incapacitated almost overnight, airlines that cut back to survive the crisis are now blowing through profit forecasts…
MSC TransPacific services update Amberjack & Emerald
Starting in May, the MSC Amberjack service will operate on the following rotation, connecting south and central China and South Korea to the U.S. east…
Damen’s new offshore construction capability reveals two projects already underway
First project is now 70% complete
North American transborder freight up 3.5% in December 2022 from December 2021
The statistics in this release may not reflect changes in tonnage moved.
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