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Tag:

Trade

  • Business News

    WTO sees short-lived slowdown of global goods trade growth

    by Reuters March 1, 2023
    by Reuters March 1, 2023

    GENEVA (Reuters) – Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the World Trade Organization …

  • MIsc. News

    CBP Officers Seize Over $1.9 Million in Cocaine at World Trade Bridge

    by US Border Patrol February 27, 2023
    by US Border Patrol February 27, 2023

     LAREDO, Texas—U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers assigned to the World Trade Bridge seized cocaine that totaled over $1,900,000 in street value.  “Officers in …

  • Business News

    Turkish trade deficit jumps 38% to $14.2 billion in January

    by Reuters February 27, 2023
    by Reuters February 27, 2023

    ISTANBUL (Reuters) – Turkey’s foreign trade deficit widened 38.4% year-on-year to $14.24 billion in January, official data showed on Monday, with imports surging 20.7% and exports up 10.3%. The Turkish …

  • MIsc. News

    Completion of Large-Scale Donation Project at World Trade LPOE

    by US Border Patrol February 24, 2023
    by US Border Patrol February 24, 2023

    LAREDO, Texas — U.S. Customs and Border Protection (CBP), the General Services Administration (GSA), and the City of Laredo are pleased to announce the completion of a large-scale infrastructure improvements …

  • Business News

    Short-dated options trade behind Thursday’s U.S. stock market choppiness -Nomura’s McElligott

    by Reuters February 23, 2023
    by Reuters February 23, 2023

    By Saqib Iqbal Ahmed NEW YORK (Reuters) – An intraday dip in the S&P 500 Index on Thursday was spurred by large trades in short-dated derivatives that piled selling pressure …

  • Business News

    Ukraine war’s impact on trade not as bad as expected: WTO

    by Reuters February 23, 2023
    by Reuters February 23, 2023

    By Emma Farge GENEVA (Reuters) – Global trade grew more than expected last year despite the upheaval caused by the Russia-Ukraine war, as badly-affected countries managed to switch suppliers or …

  • Business News

    Trade group argues U.S. SEC case unfairly labels crypto as securities

    by Reuters February 22, 2023
    by Reuters February 22, 2023

    By Hannah Lang (Reuters) – Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. securities regulator against ex-Coinbase employees …

  • Business News

    German trade with Central and Eastern Europe at record high – business group

    by Reuters February 22, 2023
    by Reuters February 22, 2023

    BERLIN (Reuters) – German trade with Central and Eastern Europe climbed to a new high of 562 billion euros ($597.52 billion) in 2022 despite a drastic decline in German exports …

  • US and World News

    Powerful Tunisian trade union defies president with mass protests

    by Reuters February 18, 2023
    by Reuters February 18, 2023

    By Tarek Amara SFAX, Tunisia (Reuters) – Thousands of members of Tunisia’s powerful UGTT trade union took to the streets of eight cities on Saturday to protest against President Kais …

  • US and World News

    Chinese chip trade group opposes export controls from U.S., Netherlands, Japan

    by Reuters February 15, 2023
    by Reuters February 15, 2023

    SHANGHAI (Reuters) – The China Semiconductor Industry Association (CSIA), the country’s top chip industry trade group, opposes reported export controls from the United States, Japan and the Netherlands, it said …

  • Breaking NewsFeatured NewsOpinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Soaring egg prices lead to black market trade, smuggling

    by The Daily Caller February 13, 2023
    by The Daily Caller February 13, 2023

    Laurel Duggan on February 10, 2023 TRENTON, NJ – With egg prices soaring from around $2.99 per dozen in the New York and New Jersey area just a year ago …

  • Business News

    U.S. agriculture trade chief demands Canada broaden dairy quota access

    by Reuters February 10, 2023
    by Reuters February 10, 2023

    By David Lawder WASHINGTON (Reuters) – Canada must let U.S. processors of cheese, ice cream, yogurt, milk powder and other dairy products have access to its import quotas to resolve …

  • Business News

    Ackman’s Pershing Square reaps $2.7 billion from rate trade but down 9% in 2022 -letter

    by Reuters February 10, 2023
    by Reuters February 10, 2023

    By Nell Mackenzie LONDON (Reuters) – Billionaire investor William Ackman’s Pershing Square fund reaped $2.7 billion on interest rate trades in 2022, but not enough to plug losses and the …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    US Notches Record Trade Deficit In 2022 — Thanks Partly To China

    by The Daily Caller February 7, 2023
    by The Daily Caller February 7, 2023

    US Notches Record Trade Deficit In 2022 — Thanks Partly To China Trevor Schakohl on February 7, 2023 The U.S. trade deficit increased to its highest recorded level in 2022, …

  • Business News

    Price cap on Russian refined fuels set to disrupt trade

    by Reuters February 2, 2023
    by Reuters February 2, 2023

    By Swati Verma and Noah Browning (Reuters) – The European Union’s ban on imports of Russian refined oil products, including diesel and jet fuel, will disrupt global flows once it …

  • Business News

    Germany’s Habeck optimistic trade dispute with U.S. can be avoided

    by Reuters February 2, 2023
    by Reuters February 2, 2023

    BERLIN (Reuters) – German Economy Minister Robert Habeck expressed optimism on Thursday that a trade dispute with the United States over subsidies can be avoided. “I think we have a …

  • Business News

    Turkey’s tourism gains in war-hit 2022 but trade deficit widens

    by Reuters January 31, 2023
    by Reuters January 31, 2023

    By Canan Sevgili and Can Sezer ISTANBUL (Reuters) – Turkey’s tourism revenue hit a record $46.3 billion in 2022 even as its trade deficit swelled to more than $109 billion, …

  • Business News

    VW’s Skoda Auto cuts production due to chip shortage – trade unions

    by Reuters January 30, 2023
    by Reuters January 30, 2023

    PRAGUE (Reuters) – Volkswagen’s Czech subsidiary Skoda Auto is cutting production this week due to chip shortages, trade unions at the carmaker said. Some shifts will be cancelled in the …

  • Business News

    German wholesales growth to halve in 2023 – trade association BGA

    by Reuters January 26, 2023
    by Reuters January 26, 2023

    BERLIN (Reuters) – German wholesalers can expect sales growth to halve in 2023 after a jump last year fuelled by rising prices, the BGA wholesale and foreign trade association said …

  • Business News

    Philippines posts $4.6 billion trade deficit in December

    by Reuters January 25, 2023
    by Reuters January 25, 2023

    MANILA (Reuters) – The Philippines posted a trade deficit of $4.6 billion for December, the biggest trade gap in three months, government data showed on Thursday. That brought the full-year …

  • US and World News

    Brazil’s Lula proposes Mercosur trade deal with China after EU accord

    by Reuters January 25, 2023
    by Reuters January 25, 2023

    (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Wednesday that he favored an agreement between Mercosur and China in a plan to modernize and open the South American …

  • Business News

    Lula says Brazil and Argentina will study common currency for trade

    by Reuters January 23, 2023
    by Reuters January 23, 2023

    BUENOS AIRES (Reuters) – Brazilian President Luiz Inacio Lula da Silva on Monday said Brazil and Argentina are studying the creation of a common currency to be used in trades …

  • US and World News

    Senior Australian official asks China to remove trade impediments

    by Reuters January 20, 2023
    by Reuters January 20, 2023

    SYDNEY (Reuters) -Australia’s Assistant Minister for Trade Tim Ayres called for the removal of China’s “trade impediments” on Australian exports in a meeting with his Chinese counterpart on the sidelines …

  • Business News

    Davos 2023: Global trade rethink: ‘race of the big pockets’?

    by Reuters January 19, 2023
    by Reuters January 19, 2023

    By Mark John DAVOS, Switzerland (Reuters) – The United States pitched its vision of “worker-centric” trade. China promised an “all-round opening up”. Europe spoke of its quest for strategic autonomy. …

  • Featured NewsOpinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Democrats’ Climate Bill Sparks Potential Green Trade War With Europe

    by The Daily Caller January 18, 2023
    by The Daily Caller January 18, 2023

    Democrats’ Climate Bill Sparks Potential Green Trade War With Europe John Hugh DeMastri on January 17, 2023 Leaders in the European Union are intensifying efforts to compete with the U.S. …

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