Tag #Trade

pda.kp.ru
🌐 75% Global Worthiness
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Belarus-Russia Economic Ties Remain Strong Despite Sanctions

Despite reduced trade in 2023 due to sanctions and decreased Russian agricultural loans, Belarusian enterprises, like Gomselmash (producing 3,000+ grain harvesters for Russia), maintain strong economic ties with Russia, with 85% of Gomselmash's exports going to Russia. This is underscored by widespr...

Progress

56% Bias Score

Reduced Inequality
fr.allafrica.com
🌐 85% Global Worthiness
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Douala Port's Enhanced Security Drives Trade Growth and Regional Competitiveness

The Port Autonome de Douala (PAD) in Cameroon boosted security via PortSec SA, resulting in a 35% cargo theft reduction (2019-2023), smoother trade, increased customs revenue for national development, and ISO 9001:2015 certification (2022), positioning it as a Central African trade hub.

Progress

44% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 85% Global Worthiness
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"China Grants 20% Price Preference to Domestic Goods in Public Procurement, Including Foreign-Funded Enterprises"

"China's Ministry of Finance announced a 20% price preference for domestically manufactured goods in public procurement, extending equal treatment to foreign-funded enterprises, effective after a public comment period ending January 4, 2025; this policy prioritizes industrial products and aims to fo...

Progress

36% Bias Score

Reduced Inequality
en.yna.co.kr
🌐 85% Global Worthiness
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South Korea Posts Sixth Consecutive Current Account Surplus

South Korea reported a US$9.78 billion current account surplus in October, its sixth consecutive month, exceeding the previous month's US$10.94 billion surplus and driven by strong semiconductor and car exports; the accumulated surplus for the first ten months reached US$74.24 billion, more than tri...

Progress

36% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
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Sanctions Evasion: Thousands of Parts Shipped to Russia for Damen Shipyards Project After EU Sanctions

Nieuwsuur's investigation, using Russian customs data, reveals that thousands of parts were shipped to Russia for a Damen Shipyards project after EU sanctions were imposed in February 2023, raising concerns about potential sanction evasion and highlighting vulnerabilities in the sanctions regime.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 85% Global Worthiness
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Major Economic Data Releases to Shape Global Markets Dec. 9-13

The week of December 9-13 brings crucial economic data releases from major countries, including inflation rates, economic output, trade balances, and labor market figures, providing insights into global economic health and monetary policy.

Progress

0% Bias Score

Decent Work and Economic Growth
english.elpais.com
🌐 85% Global Worthiness
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Russian Businesses Turn to Bartering Amidst Western Sanctions

Facing Western sanctions due to the war in Ukraine, Russian businesses are increasingly resorting to bartering goods, exemplified by Astarta Agrotrading's chickpea-for-rice and chickpea-for-mandarin deals with Pakistan, despite unresolved issues like customs taxes and valuation.

Progress

40% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
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Trump's Steel Tariffs: Potential Boost for Industry, Risks for Broader Economy

President-elect Trump plans to impose tariffs as high as 20% on all imported goods and 60-100% on Chinese goods to boost the domestic steel industry, potentially increasing steel prices and production but risking higher consumer prices and reduced competitiveness for manufacturers reliant on steel.

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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New Chinese Consul General in New York Expresses Hope for Improved US-China Relations

China's new consul general in New York, Chen Li, expressed hope for improved US-China relations despite the incoming Trump administration's planned tougher policies, highlighting significant economic ties between the two nations and the large Chinese-American population in the US.

Progress

32% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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China Expands Influence in Latin America: Chancay Port and the Twin Ocean Railway

China's Chancay Port in Peru, opened November 14, 2024, marks a new era in South American trade, potentially enhancing trade efficiency between Asia and South America via the planned Twin Ocean Railway, raising concerns about China's growing influence and strategic goals in the region.

Progress

48% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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EU Sanctions Circumvented: Hundreds of European Components Reach Russia via Damen Shipyards Project

Despite EU sanctions, hundreds of European components, some potentially from Damen Shipyards, reached Russia via Turkey and Hong Kong in 2022 for a shipbuilding project; investigations suggest sanctions evasion and raise concerns about enforcement vulnerabilities.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
cnnespanol.cnn.com
🌐 85% Global Worthiness
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Trump Claims Mexico Agreed to Curb Border Crossings After Tariff Threat

President-elect Trump claims Mexican President Sheinbaum agreed to curb US-Mexico border crossings following a phone call where he threatened a 25% tariff on Mexico and Canada, a claim Sheinbaum denies. He also stated that his tariff proposal is only the beginning.

Progress

44% Bias Score

Reduced Inequality