Half of UK exporters say Houthi attacks in Red Sea disrupting business | Conflict

Half of UK exporters say Houthi attacks in Red Sea disrupting business | Conflict

The British Chambers of Commerce says 55 percent of exporters report higher shipping costs and delays. More than half of exporters in the United Kingdom have been disrupted by attacks carried out by Yemen’s Houthis in the Red Sea, according to a survey by an influential business group. According to…

Politics and convenience drive Mexico to be US’s top trading partner | Business and Economy News

Politics and convenience drive Mexico to be US’s top trading partner | Business and Economy News

Before Elon Musk announced that he would pour billions into building his largest Tesla plant in the industrial outpost of Monterrey, Mexico, United States trade winds were already shifting south. In late 2022, Mexico’s Economy Minister Raquel Buenrostro Sánchez said that 400 companies had expressed interest in relocating from Asia…

‘India Out’ campaigns simmer in Bangladesh amid election fallout | Business and Economy News

‘India Out’ campaigns simmer in Bangladesh amid election fallout | Business and Economy News

Amid allegations of Indian interference in national elections, there’s a call to boycott Indian goods in Bangladesh. Last week, a supplier for the Indian consumer goods giant Marico faced a chilly reception in Dhaka’s Panthapath area. Grocery shops, usually eager to stock their shelves with its hair oil, cooking oil, body…

Sri Lanka signs free trade deal with Thailand to revive economy | International Trade News

Sri Lanka signs free trade deal with Thailand to revive economy | International Trade News

Sri Lanka seeks to foster growth after its economy contracted 3.8 percent last year, according to World Bank estimates. Thailand and Sri Lanka have signed a Free Trade Agreement (FTA), a move Sri Lanka hopes will help it emerge from its worst financial crisis in decades. “This move aims to…

How escalating Red Sea crisis poses billions of dollars of risk for India | Shipping News

How escalating Red Sea crisis poses billions of dollars of risk for India | Shipping News

New Delhi, India – Demand for India’s Basmati, the long-grain aromatic rice, from traditional buyers in the Middle East, the US and Europe has dropped as it has become costly. The reason is the escalating tensions in the Red Sea, the shortest and most efficient trade route for ships moving…

‘Taiwan independence’ an obstacle to China-US relations, says Beijing | Politics News

‘Taiwan independence’ an obstacle to China-US relations, says Beijing | Politics News

Chinese Foreign Minister Wang Yi and US National Security Adviser Jake Sullivan met to discuss competition and cooperation between the two countries. Chinese Foreign Minister Wang Yi and United States National Security Adviser Jake Sullivan have held talks aimed at keeping in contact, both sides said, with Wang stressing that…

At least 10 civilians dead in suspected Jordanian air raids in Syria | Syria’s War News

At least 10 civilians dead in suspected Jordanian air raids in Syria | Syria’s War News

An estimated 10 civilians have been killed in air strikes targeting the neighbouring towns of Arman and Malh in the southeast Syrian province of Sweida, according to local media. Jordanian forces are believed to be behind Thursday’s attacks, though its government has yet to confirm any involvement. Sweida 24, a…

How Beijing uses economic coercion to try and sway Taiwan’s elections | Elections News

How Beijing uses economic coercion to try and sway Taiwan’s elections | Elections News

Taipei, Taiwan – In early 2021, Chien and his fellow pineapple farmers in southern Taiwan received bad news: China had added their crop to a list of banned imports, claiming concerns about pests and other safety issues. At the time, Taiwanese pineapple farmers were sending nearly all their fruit to…

Al Jazeera challenges White House on escalation of tensions in the Red Sea | International Trade News

Al Jazeera challenges White House on escalation of tensions in the Red Sea | International Trade News

NewsFeed Al Jazeera’s Kimberly Halkett challenges White House National Security Spokesperson, John Kirby about US responsibility over the escalation of tensions in the Red Sea. Published On 4 Jan 20244 Jan 2024 Check out our Latest News and Follow us at Facebook Original Source

Communities on US LNG front line ask Biden to reject export terminal | Business and Economy

Communities on US LNG front line ask Biden to reject export terminal | Business and Economy

Travis Dardar, a fisherman and member of the Isle de Jean Charles Tribal Community off the coast of Louisiana, has twice been displaced by fossil fuels. Rising sea levels forced him and his tribal nation to move in 2016 from the island where they had settled in the 1830s to…