Global food prices stay near record as Ukraine war upends trade
Global food prices stayed near a record as Russia’s invasion of Ukraine disrupted trade, fueling hunger and worsening a cost-of-living crisis.
US adds 71 Russia, Belarus entities to restricted business list
The US added 71 entities based in Russia and Belarus to a list that prohibits American firms from doing business with them without getting a…
Inflation is Inevitably Affecting the Global Supply Chain System: The Good, The Bad, and The Ugly
The prevalence of global inflation, at least over the course of the past year, has been significantly on the rise. In fact, according to the…
Supply snarls promise Southeast Asia bigger slice of trade pie
Trade disruptions from China’s lockdowns and the war in Ukraine are seen doing for Southeast Asia what the US’s spat with Beijing couldn’t meaningfully do…
China warns US ban on Xinjiang goods to ‘severely disrupt’ ties
China warned the US that a law banning imports from Xinjiang unless companies prove they’re free of forced labor would “severely” damage ties, escalating a…
Nike, Uniqlo vendor in Sri Lanka gaining from China slowdown
Knit fabric manufacturer Teejay Lanka Plc, whose customers include Nike and Uniqlo, is seeing demand pick up as production shifts from China because of Covid…
Grains slide with easing supply worries and sluggish US demand
Wheat and corn tumbled a second straight day as traders consider the global outlook for grain availability and appetite for US crops.
Good monsoon outlook in India tempers fears of rice export curbs
Ample rice reserves in India, the world’s biggest exporter of the food staple, and expectations for bountiful monsoon rains should allay concerns about the possibility…
Charting the global economy: Export limits worsen food security
India and Malaysia are among several Asian countries restricting exports of certain key commodities as nations try to safeguard supplies over concerns of food security…
US officials are split over the next round of Russia sanctions
Biden administration officials are divided over how much further the US can push sanctions against Russia without sparking global economic instability and fracturing transatlantic unity.
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