Global rice markets are in crisis amid ‘artificial’ shortage
Rice is a crucial staple for over half the global population and the world is bracing for its most significant shortage in 20 years. India’s export ban on rice is …
Trade
Across thousands of retailers, holiday shopping outlook is sluggish
A shopper in the seasonal aisle of a Target store on Black Friday in Chicago, Illinois, US, on Friday, Nov. 25, 2022. US retailers are bracing for a slower-than-normal Black …
Shipping giant Maersk announces 10,000 job cuts, warns of volatility
The container ship Maersk Murcia sits moored in the port of Gothenburg, Sweden, on August 24, 2020. JONATHAN NACKSTRAND | AFP | Getty Images Shipping giant Maersk, a bellwether for …
Strait of Hormuz is in focus as Israel-Hamas war threatens to spread
Tankers depicted in the Strait of Hormuz — a strategically important waterway which separates Iran, Oman and the United Arab Emirates. ATTA KENARE | AFP | Getty Images It’s been …
FedEx CEO warned of global recession year ago. Here’s what he sees now
30 January 2023, North Rhine-Westphalia, -: FedEx Express cargo planes stand side by side at Cologne/Bonn Airport. Thomas Banneyer | Picture Alliance | Getty Images In September 2022, amid weak …
Australia wants to diversify its trading relationship with China
Australia wants to diversify its trading relationship with China, but that doesn’t mean trade flows will slow down, Australian Trade Minister Don Farrell told CNBC. “We want to stabilize our …
U.S. working with Indo-Pacific partners to boost economic resilience: USTR
The United States is working very closely with its trading partners in the Indo-Pacific region to help build economic resilience, said U.S. Trade Representative Katherine Tai. The Indo-Pacific Economic Framework …
WTO chief warns Israel-Hamas war could hurt global growth
World Trade Organization Director-General Ngozi Okonjo-Iweala opens the 2021 WTO Public Forum with a round table on Covid and trade, in Geneva, on September 28, 2021. (Photo by Fabrice COFFRINI …
Europe wants to get better at planning for the worst – POLITICO
Press play to listen to this article Voiced by artificial intelligence. GRANADA — The European Union is beset by doom and gloom — from wars on its doorstep to inflation and the …
Russia follows China in suspending Japanese seafood imports
Russia is restricting Japanese seafood imports as a “precautionary measure” in the wake of the release of treated radioactive water from the crippled Fukushima nuclear power plant, Russian authorities said …