EU set to propose banning many goods from transiting via Russia
The European Union is set to propose a ban on many goods transiting through Russia as the bloc attempts to tighten the screws on the…
Poland leads push to widen Ukrainian farm product import ban
Eastern Europe countries are looking to widen recently-imposed bans on the domestic sale of Ukraine’s grains to other agricultural products from their war-torn neighbor, including…
Italy rethinks its close China ties as US backs stronger break
Prime Minister Giorgia Meloni is getting dragged into the escalating tensions between Washington and Beijing as she tries to disentangle Italy from its close relationship…
India’s economy signals resilience even as exports dim outlook
India’s economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that’s…
Demand for lumber was down worldwide in the 4Q/22, causing sawlog prices to drop from record highs
Increased interest rates, higher inflation, and market uncertainty regarding a possible recession in 2023 resulted in reduced housing starts and decreased renovations in the second…
March 2023 crude steel production
World crude steel production for the 63 countries reporting to the World Steel Association was...
Cashing out of Russia will come with new tax on foreign business
Russia has another surprise for the foreign companies preparing to pull out of the country with a plan for a new levy on top of…
Results of Indo-Pacific trade talks likely this year, Tai says
Negotiations over a US-led Indo-Pacific trade pact are likely to yield results this year, US Trade Representative Katherine Tai said.
Inventory glut hits suppliers as global trade slows
Global retail supply chains were left to count the cost of a post-pandemic inventory glut at the start of 2023, according to the latest Index…
Taiwan export orders slump most since 2009 as chip demand falls
Taiwan’s export orders in March plunged by the most since the global financial crisis as global demand for semiconductors shows little sign of improving.
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