Tag Archives: trade:

Speaking to CNBC on Wednesday, after taking part in the 20th annual Russian Energy Forum in Moscow, Putin criticized the monetary policy in Washington as undermining the dollar as the world’s reserve currency. Runaway inflation and debt at home, combined with using the dollar as a sanctions instrument abroad, are …

At the beginning of this week, US trade representative Katherine Tai delivered a keynote speech that set out the Biden administration’s trade policy concerning China. Predictably, the address came with a litany of complaints against what are frequently described as China’s ‘unfair economic practices’. Tai also said the US would …

The trade deficit, which amounted to $73.3 billion, topped the previous record of $73.2 billion set in June, according to a report released by the US Department of Commerce. Economists polled by Reuters had expected the trade gap to widen to $70.5 billion. Exports rose 0.5% to $213.7 billion, reflecting …

The WTO is now predicting a global merchandise trade volume growth of 10.8% in 2021 (up from 8.0% forecasted in March), followed by a 4.7% rise in 2022. Growth should moderate as merchandise trade approaches its pre-pandemic long-run trend, the report said. According to the WTO, supply-side issues such as …

On Friday, Australia’s Trade Minister Dan Tehan revealed that trade talks with the bloc had been put on hold, telling Reuters he would meet with his EU partner Valdis Dombrovskis next week to discuss the 12th round of negotiations, which will take place in November instead of later this month. …

Since its announcement a week ago, the trilateral deal to provide Australia with nuclear-powered, yet conventionally armed, submarines has faced a wave of international condemnation. France, which lost a hefty $66 billion contract for diesel-electric subs with Canberra because of the move, labeled it “a stab in the back” and …

The ongoing transactions between Hainan and ASEAN countries made 1.64 billion yuan ($254 million), and 385 million yuan ($60 million) came from direct investment. A pilot program for foreign trade in Chinese currency was launched back in 2009, initially covering Shanghai and four other cities in China’s southern Guangdong province. …

“India will help Russia in the development of the Northern Sea Route and opening this route for international trade the same way as Russia helps India to develop with the aim of space exploration and the preparation of the national manned Gaganyaan program,” Modi said, speaking via video link at …

Instead of gender studies and ways to weaken the language to the point where it’s so soft it can never give offence, how about we teach young people how to lay bricks, hammer a nail, wield a chisel or plaster a wall? Imagine if an old-fashioned war broke out tomorrow …

Ministry spokesman Gao Feng said that Beijing would now appeal against Australia’s duties on imports of railway wheels, wind towers and stainless-steel sinks. “(China) hopes that the Australian side will take concrete action to correct the wrong practices and avoid distortions to the trade of related products, so that trade …