Venezuela, Colombia open Binational Bridge to boost trade
Venezuela and Colombia officials opened the Atanasio Girardot international bridge on Sunday, allowing vehicles carrying both passengers and cargo to cross the border between both…
Russia set to export large amounts of diesel before EU sanctions.
Russia’s seaborne diesel exports are set to boom next month as the nation races to get cargoes into the market before a European Union embargo…
Indonesia will export less palm oil to keep supplies at home
Indonesia, the world’s biggest palm oil producer, is set to export less of the commodity overseas as it tightens a policy requiring companies to keep…
Kenya’s world-beating tea exports set for first drop since 2017
Kenya’s black tea export volumes are poised to decline for the first time in five years after East Africa’s worst drought in four decades stymied…
Australian minister raises hopes for trade thaw with China
Australia would be willing to reconsider its case against China at the World Trade Organization if Beijing’s sanctions against its exports were lifted, as Trade…
Treasury delays final rules on Manchin EV tax credit to March
The US Treasury Department sketched out its interpretation of content requirements for electric-vehicle tax credits in President Joe Biden’s signature climate bill, while delaying final…
U.S. international investment position, 3rd quarter 2022
The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was –$16.71 trillion at the end of the third…
Italy’s Meloni urges EU to work on way to counter US aid package
The European Union should rethink its rules to disburse state aid and have a stronger oversight of key supply chains like energy and chips to…
Hong Kong exports drop most in almost 7 decades on global slump
Hong Kong’s exports plummeted in November by the most in nearly seven decades as a slump in China’s economy and global demand worsened, making the…
China’s electric car exports surge to record on European demand
Exports of electric vehicles from China more than doubled in November, creating a monthly record, mostly fueled by European carmakers that farmed out the production…
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