EU is assessing if US Inflation Act in breach of WTO rules
The European Union is checking whether protectionist elements of a $437 billion health, climate and tax law recently passed by the US are in violation…
Oil declines with shaky demand and US price-cap plan in focus
Oil edged lower as investors assessed the outlook for demand and a welter of details about a US-led plan to cap the price of Russian…
Greek Coast Guard fires warning at trade vessel in Aegean Sea
Turkey said the Greek Coast Guard fired on a ship in international waters in the northern Aegean Sea, marking another potential escalation of tension between…
Rail-strike deadline carries economic and political risks for Biden
Tens of thousands of US railroad workers could be on strike by the end of this week, a potential new shock to supply chains that…
Germany cranks up chemical imports as energy crisis hikes costs
Germany is increasingly getting vital chemicals from abroad as the country’s industrial giants like BASF SE struggle with sky-rocketing energy prices from Russian gas cuts.
Railroads, unions work to avoid strike and supply woes
Freight railroads and labor unions are working through the weekend to hammer out a new contract to avoid a strike that could snarl supply chains,…
Colombia’s Border With Venezuela to Reopen After Years of Impasse
Colombia’s volatile border with Venezuela will fully reopen later this month, marking the end of a long impasse and heralding the reactivation of trade.
In the first half of 2022, 24% of U.S. electricity generation came from renewable sources
In the first six months of 2022, 24% of U.S. utility-scale electricity generation came from renewable sources, based on data from our Electric Power Monthly.
CMA CGM to launch new service connecting West Med with US Gulf and Mexico
CMA CGM announced the launch of its new MEDGULF service, offering a full coverage from West Med to US Gulf and Mexico, starting end of…
Rail, Postal, Dock Workers Halt Strikes After Queen’s Death
UK unions called a halt to planned industrial action as the death of Queen Elizabeth II plunged Britain into a period of mourning.
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