International Trade

Nickel price drops as LME suffers third day of issues - Rested

AJOT | March 18, 2022 | International Trade | Commodity | By The Numbers

U.S. Treasury Sanctions one of Africa’s biggest gold refiners

Bloomberg | March 18, 2022 | International Trade

House votes to end Russia’s favored trade status with US

International Trade

Bloomberg | Top Story | March 17, 2022

House votes to end Russia’s favored trade status with US

The U.S. House of Representatives voted overwhelmingly to end regular trade relations with Russia in a move that would allow the U.S. to sharply raise tariffs on Russian goods entering the country.

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US House plans Thursday vote to revoke Russia’s trade status

Bloomberg | March 17, 2022 | International Trade

Lawmakers are on the brink of an agreement for legislation to revoke normal trade relations with Russia, the latest move in a series of congressional efforts to hobble the Russian economy in response to the invasion of Ukraine.

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Fertilizer sanctions split farm superpowers as food prices surge

Bloomberg | March 17, 2022 | International Trade | Commodity

The world’s agricultural superpowers are divided over whether Russian fertilizers should be sanctioned as surging prices threaten to further stoke food inflation.

EU food policy shifts to supply security as war drives up prices

Bloomberg | March 17, 2022 | International Trade

Congress nears agreement to revoke Russia’s trade status

Bloomberg | March 17, 2022 | International Trade

Lawmakers are on the brink of an agreement for legislation to revoke normal trade relations with Russia that could pass the House this week, the latest move in a series of congressional efforts to hobble the Russian economy in response to the invasion of Ukraine.

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Signet shocks diamond trade with refusal to buy Russian gems

Bloomberg | March 17, 2022 | International Trade

Signet Jewelers Ltd., the owner of Kay Jewelers and Zales, sent shockwaves through the global diamond trade on Wednesday, telling suppliers it would no longer buy stones mined in Russia, the world’s biggest source of gems.

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Swiss watch exports surge 25% in February as US drives demand

Bloomberg | March 17, 2022 | International Trade

Swiss watch exports jumped 25% in February as U.S. buyers kept driving a post-pandemic rebound in demand for pricey timepieces.

Ukraine food exporter forced to barter as war cuts off cash

International Trade

Bloomberg | Top Story | March 16, 2022

Ukraine food exporter forced to barter as war cuts off cash

Astarta Holding NV, one of Ukraine’s biggest agriculture exporters, faces a cash crunch so severe it’s now using barter after Russia’s invasion cut off access to ports and left warehouses and equipment destroyed.

Russia pressures metals producers to keep prices at home low

Bloomberg | March 16, 2022 | International Trade | Commodity

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Ukraine war’s impact on trade and development

AJOT | March 16, 2022 | International Trade

UNCTAD’s rapid assessment of the war’s impact beyond the humanitarian crisis in Ukraine shows a rapidly worsening outlook for the world economy, with the situation especially alarming for least developed countries.

Move by Congress to revoke Russia’s trade status hits snag

Bloomberg | March 16, 2022 | International Trade

Legislation to revoke normal trade relations with Russia hit a stumbling block in the U.S. House over the procedures for potentially reestablishing the relationship in the future.

Solar trade probe threatens US projects, developers say

Energy

Bloomberg | Top Story | March 16, 2022

Solar trade probe threatens US projects, developers say

A potential Commerce Department probe of solar imports from Southeast Asia has the potential to freeze investment in the U.S., industry leaders warned Tuesday.

February retail sales rose strongly year-over-year while monthly pace slowed amid inflation

AJOT | March 16, 2022 | International Trade

Russia’s corporate debt trading soars as sanctions fail to deter

Bloomberg | March 16, 2022 | International Trade

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WTO touts progress in Covid vaccine waiver talks but no agreement yet

Bloomberg | March 16, 2022 | International Trade

Talks aimed at waiving intellectual-property rules for Covid-19 vaccines reached a potential breakthrough as the U.S., EU, India and South Africa advanced a compromise outcome to circumvent certain World Trade Organization rules for vaccine production.