IMF warns of crypto mining as possible dodge on Russia sanctions
Countries such as Russia and Iran may eventually use cryptocurrency mining to evade sanctions, the International Monetary Fund warned in a report.
Russia seeks medical equipment from India as war disrupts trade
Russia is seeking more medical equipment from India after sanctions and logistical logjams following President Vladimir Putin’s invasion of Ukraine have sharply reduced imports from…
Quality matters in India’s drive to fill global wheat export gap
India wants to fill the global wheat export gap left by the war in Ukraine, which means the quality of its grain will matter more…
War in Ukraine sends Indonesia exports, imports to new records
Indonesia’s exports rose to a fresh all-time high in March as Russia’s invasion of Ukraine triggered a surge in global commodity prices and swelled the…
U.K.’s Johnson to meet Modi in India to talk trade, defense
British Prime Minister Boris Johnson will travel to India this week, a long-delayed trip that will seek to shore up trade with the world’s seventh-biggest…
Indian steel mills oppose plea for exporting ore from Karnataka
Steel mills in India are objecting to a petition at the nation’s top court to restart exports from a southern state, fearing lower supplies to…
Commerce Department identifies first Belarusian and more Russian aircraft exported to Belarus and Russia in violation of US export controls
The U.S. Commerce Department, through its Bureau of Industry and Security (BIS), has publicly identified 10 additional aircraft in likely violation of U.S. export controls,…
Low Ukraine/Russia import volumes; increased delivery in bordering
Volume Trends • Import volume into Ukraine remained low this week, down 82% compared to February 14-20. (Fig. 1) Import volume into Russia declined again…
EXIM Bank approves ‘Make More in America’ Initiative; financing opportunities available
On Thursday morning, the Export-Import Bank of the United States (EXIM Bank) Board of Directors unanimously voted to approve the Make More in America Initiative,…
Shanghai’s frozen meat, seafood imports stall on port congestion
AP Moller-Maersk A/S, one of the biggest shipping lines in the world, has stopped bookings to ship refrigerated containers into Shanghai as a strict Covid…
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