Nigeria has announced a six-month ban on the export of raw shea nuts from which many beauty creams are made. The move is aimed at making the trade…
Read more Nigeria bans export of shea nuts used in beauty creams for six monthsDeveloping economies in Asia are forecast to grow at a 5.0% annual pace this year, helped by a strong U.S. economy and surging demand for computer chips that…
Read more Asian Development Bank raises growth forecast for region, but warns of risks from trade sanctionsIf you’re among investors hoping for a robust return of the Trump trade, it might be wise to hold off for a while and stay disciplined. “People are…
Read more Why betting on the Trump trade is a real mistakeU.S. ports are receiving multimillion dollar grants to upgrade cargo handling infrastructure. The grants are part of the Biden administration’s $21 billion commitment to modernize port infrastructure in…
Read more Why U.S. ports are getting a $21 billion upgradeU.S. President Joe Biden makes a statement to the news media ahead of a cabinet meeting at the White House in Washington, U.S. Leah Millis | Reuters The…
Read more U.S. warned China to expect updated export curbs in October, official saysAn oil tanker being serviced by a bunkering vessel. Courtesy: Hafnia If you think that life at sea is like the movie franchise “Pirates of the Caribbean,” think…
Read more PlayStation, treasure hunts and natural wonders: What life is like onboard a giant oil tankerAn aerial view of the Turkish-flagged ship “Polarnet” carrying grain from Ukraine is seen at the Derince Port, Kocaeli, Turkiye on August 08, 2022. Omer Faruk Cebeci |…
Read more Ukraine’s corn and wheat exports are set to plummet. Here’s what that means for the world’s food supplyWASHINGTON (AP) — French President Emmanuel Macron arrived in Washington on Tuesday for the first state visit of Joe Biden’s presidency — a revival of diplomatic pageantry that…
Read more Biden, Macron ready to talk Ukraine, trade in state visitANKARA, Turkey (AP) — A wartime agreement that unblocked grain shipments from Ukraine and helped temper rising global food prices will be extended by four months, the United…
Read more Russia-Ukraine grain deal extended in win for food pricesWASHINGTON (AP) — The Biden administration’s move to block exports of advanced computer chips to China is signaling a new phase in relations between the globe’s two largest…
Read more Computer chip ban signals new era as Biden and Xi meetSEOUL, South Korea (AP) — South Korean computer chipmaker SK Hynix said Wednesday it might be forced to sell its manufacturing operations in China if a U.S. crackdown…
Read more South Korean chipmaker SK Hynix worries about China futureLES, Indonesia — After diving into the warm sea off the coast of northern Bali, Indonesia, Made Partiana hovers above a bed of coral, holding his breath and…
Read more Sparkling fish, murky methods: the global aquarium tradeA roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely…
Read more NOT REAL NEWS: A look at what didn’t happen this weekBy MICHAEL BIESECKER, SARAH EL DEEB and BEATRICE DUPUY October 3, 2022 GMT https://apnews.com/article/russia-ukraine-putin-business-lebanon-syria-87c3b6fea3f4c326003123b21aa78099 BEIRUT (AP) — When the bulk cargo ship Laodicea docked in Lebanon last summer,…
Read more Russia smuggling Ukrainian grain to help pay for Putin’s warLONDON (AP) — The pound is taking a pounding. The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low. It’s a…
Read more The British pound has taken a tumble. What’s the impact?DHAKA, Bangladesh (AP) — Standing in line to try to buy food, Rekha Begum is distraught. Like many others in Bangladesh, she is struggling to find affordable daily…
Read more Inflation, unrest challenge Bangladesh’s ‘miracle economy’The staggering multi-trillion dollar global illicit economy is thriving from dirty money derived from an array of cross-border smuggling and trafficking crimes. Free trade zones, poorly regulated ports,…
Read more ICAIE Issues New Report on the Dark Side of Illicit Economies and Trade-Based Money Laundering: Free Trade Zones, Ports, and Financial Safe HavensDUBAI, Arab Emirates, January 18, 2022 (Newswire.com) – Admiral Osama Rabie, Chairman of the Suez Canal Authority (SCA), attended on Sunday morning the international conference the SCA organized…
Read more ‘Suez Canal and Challenges in World Trade’ Conference Kicks Off at Expo 2020 Dubai Amid International Turnout
