Tale of fake Hewlett-Packard gear spurs arrest in China, lawsuit
When three Chinese nationals were jailed in Beijing almost a decade ago and accused of selling fake Hewlett-Packard Co. networking gear, it looked like an…
Israeli exporters on edge with central bank dollar plan in doubt
Israel’s biggest exporters are bracing for the end of central bank support that’s helped them stay competitive during the pandemic, a move they say may…
China softens tone on climate ambition amid power shortages
China’s top policy makers urged an easing of the aggressive measures taken to reduce carbon emissions as Beijing balances economic health with its climate goals.
Trade between Moscow and the European Union up 2% in the first quarter of 2021
In the period from January to March 2021, total trade between Moscow and EU member states rose 2% to USD 27.46 billion. According to Vladimir…
GDP Update: Europe rebounds with a bang but Germany disappoints
The euro-area economy rebounded sharply in the second quarter as businesses reopened following the lifting of lockdowns.
US heat is so bad farmers see a ‘half crop’ for spring wheat
Sun-baked U.S. spring wheat fields have been so badly hurt by drought this year that some farmers are expecting to harvest what they’re dubbing a…
China keeping ‘open mind’ on G-7 talks aimed at trade abuses
China’s ambassador to the World Trade Organization said there’s scope for Beijing to work with the U.S., the European Union and other Western nations on…
Water crisis threatens grain, iron transport on key Brazil river
Drought is making one of Brazil’s most important river systems unnavigable, making it more challenging and costly for the commodities powerhouse to get grains and…
BEA News: Gross domestic product, second quarter 2021 (advance estimate) and annual update
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: Real gross domestic product (GDP) increased at an annual rate of…
US GDP trails forecast even as consumer spending surges
U.S. growth missed forecasts in the second quarter as the effects of supply-chain constraints reverberated through the economy and took the shine off one of…
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