Air Freight News
Firms hit by new Brexit red tape as IT system stops trucks
U.K. traders are falling foul of a new IT system policing goods crossing the English Channel, as companies grapple with a fresh wave of post-Brexit…
Stock market is fixated on Covid with trade issues percolating
Stock market investors are naturally focused on omicron, which is spreading like wildfire in much of the U.S. But they should also keep an eye…
Argentina extends export ban on popular beef cuts to tame local prices
(Bloomberg) -- Argentina extended an export ban on seven beef cuts until the end of 2023, doubling down on its unconventional approach to taming meat…
Turkey orders exporters to convert 25% of income to liras
Turkey will require exporters to convert a quarter of their revenues to liras, the latest step in the government’s efforts to boost its reserves and…
Gas shortage leads to Pakistan losing 20% of vital textile exports
Pakistan’s natural gas shortage is hurting its crucial textile exports, according to an industry trade organization, putting even more stress on the nation’s struggling economy.
Vietnam asks China to reopen its border gates, VnExpress reports
Vietnam’s Ministry of Industry and Trade urged China’s Guangxi region to reopen its border gates with the Southeast Asian country and extend customs clearance hours…
South Korea exports gain as annual shipments reach record
Gains in South Korea’s exports in December helped push the value of shipments to an annual record, as global demand held up through multiple waves…
India’s current account slips back to deficit on wider trade gap
India’s current-account balance slipped back into a deficit last quarter as the nation’s trade gap widened.
Shilling plunges the most since 2015 as Kenya’s imports jump
Kenya’s currency fell the most in seven years and its benchmark stock index became Africa’s worst performer in 2022 after Russia’s war in Ukraine raised…
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US international investment position, third quarter 2021
The U.S. net international investment position (IIP), the difference between U.S. residents' foreign financial assets and liabilities, was –$16.07 trillion at the end of the…