The U.S. dollar’s dominance is being stealthily eroded
The dollar’s share of global reserve currencies has been in steady decline over the past 20 years as central banks turn to nontraditional currencies, including…
Canada will boost oil exports as world shuns Russian supply
Canada will increase oil and gas exports by the equivalent of 300,000 barrels a day to help nations that are trying to shift away from…
Putin’s war risks more global hunger, destabilizing poor nations
President Joe Biden and the leaders of top U.S. allies are exploring how to keep Russia’s invasion of Ukraine from causing a spike in global…
Russia’s War war has changed the Iran nuclear deal calculus
Russia’s war on Ukraine is reshuffling Middle East diplomacy and forcing the U.S. to reassess the political costs of reviving the 2015 nuclear accord with…
Strikes on Ukraine’s export hubs damage key commodity facilities
Russian attacks on some of Ukraine’s key export hubs are damaging commodities infrastructure and mean it could be a long road until shipments fully recover.
Ukraine’s biggest poultry firm resumes exports as war rages
Ukraine’s largest poultry producer MHP SE has restarted exports and is ready to begin a large-scale sowing campaign, a potential sign of optimism for the…
USCBC statement on the decision to continue some tariff exclusions on imports
While the US-China Business Council (USCBC) welcomes the renewal of tariff exclusions on imports of 352 categories of goods from China, we are disappointed that…
U.K. and Canada begin formal talks for a free-trade agreement
The U.K. government announced the formal start of negotiations on a new trade deal with Canada, seeking to replace an interim deal put in place…
Switzerland reports $6 billion in sanctioned Russian assets
The Swiss government has received notification of assets belonging to sanctioned Russian individuals worth 5.75 billion Swiss francs ($6.2 billion), in the first indication of…
US core capital goods orders decline for first time in a year
(Bloomberg) -- Orders placed with U.S. factories for business equipment unexpectedly declined in February for the first time in a year, likely representing a pause…
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