Air Freight News
Emirates Says Russians Also Have Right to Travel Despite Ukraine
Emirates President Tim Clark said the Russian people have every right to continue traveling regardless of sanctions on the economy, defending the Gulf carrier’s maintenance…
Grains waver with latest war talks and U.S. plantings in focus
Grains prices fluctuated in Chicago as the latest round of talks striving for a cease-fire agreement between Russia and Ukraine began, and as traders awaited…
Egypt wheat imports may fall to 9-year low as war disrupts trade
Egypt, the world’s biggest wheat buyer, is cutting back on purchases as two of its largest suppliers are embroiled in a war that has driven…
Booming wheat exports from India to ease global shortage
In a world where people are worrying more than ever about food shortages and rising inflation, India’s warehouses are brimming over with grain and the…
China lockdowns cost at least $46 billion a month, academic says
China’s Covid lockdowns are likely costing the country at least $46 billion a month, or 3.1% of GDP, in lost economic output, and the impact…
About 4% of China’s oil demand comes from Shanghai. Now the city’s in lockdown.
Oil demand in China is suffering from a fresh bout of high-profile virus clampdowns, with a staggered, eight-day lockdown spanning its top financial hub weighing…
Global supply lines brace for ‘menacing’ economic storm to widen
Germany feels industrial shocks from war, while China’s lockdowns snarl ports and trade
Russia seizes rare swiss watches in sanctions reprisal
Russian agents seized millions of dollars worth of Audemars Piguet watches in Moscow in an apparent retaliation for Swiss sanctions banning luxury goods exports, Swiss…
Africa’s top bauxite exporter Guinea posts 4% rise in shipments
Africa’s top bauxite exporter Guinea shipped 85.6 million tons of the ore last year, 4% more than in 2020, according to its mining ministry.
EU lodges WTO dispute over U.K. green energy subsidies
(Bloomberg) -- The European Union filed a dispute against the U.K. at the World Trade Organization on Monday over Britain’s alleged discriminatory support for green…