Air Freight News
EU takes Russia to task over Belarus as sanctions talk heats up
European Union foreign ministers pointed a finger at Russia’s ties to Belarus as they moved toward implementing harsher sanctions against Minsk after it forced down…
World’s top cannabis exporter edges nearer to legalization
Morocco’s parliament voted to legalize the local cultivation of cannabis for medicinal and industrial use, in a potential victory for marginalized farmers in the world’s…
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World faces longer supply shortage as China’s factories squeezed
Eric Li’s factory making glass lampshades for companies including Home Depot Inc. is being stretched to its limits with sales doubling their pre-pandemic level.
Wall Street pros are as baffled as anyone by the dollar’s fate
Wondering where the dollar’s headed as the U.S. deficit keeps growing? Wall Street’s also trying to figure it out.
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Republicans threatening to delay action on Senate’s China bill
Senate Republicans are threatening to hold up a vote on a sweeping bill to bolster U.S. economic competitiveness and confront China’s rise unless Majority Leader…
US asks WTO to address forced labor on fishing vessels
The U.S. asked the World Trade Organization’s members to address the problem of forced labor on fishing vessels, seeking the issue to form part of…
China’s yuan rises to strongest since ‘16 versus basket of peers
The yuan’s rally gathered pace on Thursday, with the Chinese currency climbing to its strongest level since March 2016 against a basket of trading partners.
US Commerce chief seeks long-term lumber solution with Canada
U.S. Commerce Secretary Gina Raimondo said she wants to find a “long-term solution” to Washington’s long-running dispute with Canada over lumber, the cost of which…
Swiss watch exports recover to pre-Covid levels on China, US
Swiss watch exports are returning to pre-pandemic levels after their biggest annual slump since the financial crisis, boosted by demand in China and the U.S.
Swiss put crucial EU ties at risk by scrapping deal with bloc
Switzerland refused to sign a treaty it hammered out with the European Union, a move likely to undermine relations with its biggest trading partner and…