Air Freight News
U.S. Supreme Court to hear case questioning reach of Clean Water Act
The court granted a petition to determine whether the U.S. Court of Appeals for the Ninth Circuit "set forth the proper test for determining whether…
Euro-area outlook darkens with Germany on brink of recession
The euro-area economy kicked off 2022 on a weak footing, with pandemic restrictions taking a toll on confidence and growing fears that Germany may be…
Hong Kong’s growth slows as Omicron spread weighs on economy
Hong Kong’s economic growth slowed in the fourth quarter, with the city facing mounting risks in coming months as it struggles to bring an omicron…
Indonesia’s palm oil exports to ease only slightly despite curbs
Indonesia’s palm oil exports may drop by just 1 million tons this year, according to a top industry group, a sign that the government’s latest…
Thai finance ministry maintains 2022 GDP forecast as Covid eases
Thailand’s finance ministry on Friday maintained its economic growth outlook this year as the easing Covid-19 situation is expected to support local spending and a…
Gold imports by India hit decade-high as jewelry demand doubles
Gold imports by India accelerated to the highest level in a decade last year as jewelry sales almost doubled, with the demand outlook remaining bright,…
U.K. man pleads guilty in scheme to sell U.S. tech to Iran
A British man pleaded guilty in Washington to charges related to illegal exports of sensitive military technologies to Iran in violation of U.S. sanctions, the…
US recovery sends Mexican exports soaring to record levels
Mexico’s exports surged to a record of nearly half a trillion dollars last year as the U.S. recovery boosted demand for cars, chemicals and machinery…
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Gross domestic product, fourth quarter and year 2021 (advance estimate)
Real gross domestic product (GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021 (table 1), according to the "advance"…
US durable goods orders post first decline in three months
Orders placed with U.S. factories for durable goods fell in December for the first time in three months, pointing to a pause in capital investment…