EU’s von der Leyen to urge ‘fair’ China competition in talks with Xi | International Trade

EU’s von der Leyen to urge ‘fair’ China competition in talks with Xi | International Trade

Chinese President Xi Jinping set to hold talks with Ursula von der Leyen and French President Emmanuel Macron in Paris. European Union chief Ursula von der Leyen has said she will push for competition with China that is “fair and not distorted” in talks with Chinese President Xi Jinping. “I…

How effective is Turkey’s ban on trade with Israel? | Israel War on Gaza News

How effective is Turkey’s ban on trade with Israel? | Israel War on Gaza News

Turkey says the ban will stay in place until Israel agrees to a permanent ceasefire in Gaza. For years, Israel and Turkey have been crucial trade partners. It was a commercial relationship worth nearly seven billion dollar a year. But Israel’s war on Gaza changed all that. The Turkish government…

Singapore ‘tightens screws’ on Myanmar generals with arms trade crackdown | Conflict News

Singapore ‘tightens screws’ on Myanmar generals with arms trade crackdown | Conflict News

Bangkok, Thailand – Singapore has responded to United Nations pressure by cracking down on sales of weapons through its territory to Myanmar, delivering a serious blow to the embattled generals, who seized power in a coup more than three years ago. Thomas Andrews, the UN special rapporteur on the human…

From unfair trade to TikTok: US Treasury Secretary Yellen’s China trip | International Trade

From unfair trade to TikTok: US Treasury Secretary Yellen’s China trip | International Trade

US Treasury Secretary Janet Yellen and her team are leaving China and returning to the United States after trying to tackle the major questions of the day between the countries. Here’s a look at what she tried to accomplish, what was achieved and where things stand for the world’s two…

Senegal’s fishermen pin hopes on new president to help them fill their nets | Poverty and Development

Senegal’s fishermen pin hopes on new president to help them fill their nets | Poverty and Development

Dakar, Senegal – For the traditional, small-scale fishermen of Ouakam Beach in Senegal’s capital Dakar, inequality is just a glance away. Adama Gueye, a 58-year-old canoe captain, points towards the coast, where imposing villas of the upper-class, including politicians, sit tall and mighty a stone’s throw away from where he…

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…