Congress sends Biden bill stripping Russia of trade status
The U.S. Congress gave final approval to legislation revoking normal trade relation status from Russia and Belarus, sending the White House-backed bill to President Joe…
US bans Russia’s Aeroflot and other airlines from receiving parts
The U.S. issued orders suspending Aeroflot PJSC, Russia’s biggest airline, and two others from receiving U.S. parts and services for their planes, a step that…
US farmers plant more sunflowers as Ukraine war curbs supply
U.S. farmers may plant twice as many additional acres with sunflowers as the government forecast, according to a trade group, with prices soaring in the…
Senators urge Biden to remove Ukraine’s Trump-era steel tariffs
Two senators urged President Joe Biden to remove 25% tariffs on Ukrainian steel imposed by his predecessor to help the war-torn nation stabilize and rebuild…
Copper leader Congo’s addition to trading bloc lures Ecobank
Ecobank Transnational Inc., a pan-African lender with operations in 35 countries, sees fresh opportunities in the Democratic Republic of Congo after the nation joined the…
Yellen says US would use sanctions If China invaded Taiwan
Treasury Secretary Janet Yellen said the Biden administration would be prepared to use all its sanctions tools against China if Beijing moved aggressively toward Taiwan.
Bird flu impact on US poultry exports is muted, USDA head says
U.S. Agriculture Secretary Tom Vilsack said he doesn’t expect major export losses for U.S. poultry producers from a bird flu outbreak that has spread to…
US to sanction Putin children, banks over Bucha atrocities
The U.S. will impose new sanctions on Russia, including penalties on two of its largest banks and President Vladimir Putin’s daughters, following allegations of atrocities…
Commodities volatility is here to stay, Cargill says
Wild swings in commodities from wheat to crude oil are here to stay with global supply chains getting reassessed in the wake of Russia’s invasion…
Ruble erases invasion loss, bucking default risks, sanctions
The Russian ruble has wiped out the steep losses it incurred in the weeks after President Vladimir Putin sent troops into Ukraine.
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