Argentina's Vaca Muerta Shale Set for Major Export Boost
Argentina is gearing up to connect its Vaca Muerta shale play with the Punta Colorada port through a new pipeline, enabling supertankers to load crude oil.
Shipping Costs Soar: What's Going On?
Shipping a 40-foot container from Shanghai to New York now costs nearly $10,000, causing frustration among importers and talk of a market bubble.
Shipping Container Crunch Underway As Rates Skyrocket
A perfect storm in global trade is causing a major shipping container shortage, leading to unexpected spikes in ocean freight rates.
House Passes Bill to Expedite Weapons to Israel
The Republican-led U.S. House of Representatives passed the Israel Security Assistance Support Act on Thursday, pushing President Biden to send weapons to Israel more quickly.
Oil Prices Fluctuate Amid Conflicting Demand Signals
Oil prices fluctuated within a tight range on Friday, as investors weighed mixed signals from the world's top oil consumers, China and the U.S. Brent crude slipped 13 cents to $83.75 per barrel, while West Texas Intermediate (WTI) fell 4 cents to $79.22.
U.S. Warns of Economic Impact if Taiwan Chip Production Is Disrupted
Commerce Secretary Gina Raimondo emphasized that a potential Chinese invasion of Taiwan and the takeover of chip manufacturer TSMC would be catastrophic for the U.S. economy.
Biden Proposes Tripling Tariffs on Chinese Steel and Aluminum Imports
President Joe Biden is advocating for a significant increase in tariffs on Chinese steel and aluminum imports, proposing to triple the current rates.
Panama Canal Is On the Road to Recovery After Dry Season
After a challenging six months marked by the driest October in 73 years, the Panama Canal is finally seeing a turnaround.
TSMC's Strategic Expansion into the U.S. Market
Taiwan Semiconductor Manufacturing Company (TSMC) is making a significant move by bringing its most advanced technology to America, aligning with U.S. President Joe Biden’s goals for a secure tech supply chain.
China and Russia Strengthen Supply Chain Ties Amid U.S. Warnings
China and Russia recently committed to maintaining stability in their industrial supply chains.
Taiwan Earthquake Shakes Up Semiconductor Supply Chain
A massive 7.2-magnitude earthquake rocked Taiwan's eastern coast last Wednesday, causing not only tragic loss of life but also significant ripples in the semiconductor industry.
China's Manufacturing Dominance is Shifting Global Trade Dynamics
The global market is currently flooded with goods from Chinese factories, ranging from cars and appliances to computer chips and electronics.
The Panama Canal's Struggle with Dwindling Water Levels Causes Global Trade Disruptions
The Panama Canal, a vital artery for global trade, is facing a serious challenge as its water levels plummet to historic lows.
The Dark Reality Behind the Lucrative Trade of Long-Tailed Macaques in Drug Development
In the world of drug and vaccine development, long-tailed macaques are like gold, fetching prices of $50,000 or more in the US. But the journey from the Cambodian forests to the labs is anything but ethical or smooth.
There Are Shifting US-China Trade Dynamics and WTO Reform
The US's top trade official, Katherine Tai, suggested to the BBC that the sharp decline in trade with China might not be all bad news, hinting at potential benefits from diversification.
Vietnam is Navigating International Alliances and Political Control
Vietnam's suddenly the cool kid on the block, with everyone wanting to hang out.
EU's Corporate Accountability Directive Stalled by Member States Amidst Opposition
European Union countries hit a roadblock on Wednesday as they halted the progress of new regulations aimed at making large companies accountable for potential forced labor and environmental harm in their supply chains.
There Are Challenges and Opportunities in the U.S.-China Business Relationship
In recent years, American CEOs have been drawn to China's vast consumer market, but doing business there has become increasingly challenging and risky.
U.S. Authorities Detain Luxury Cars Over Forced Labor Concerns
U.S. authorities are holding thousands of luxury cars from brands like Porsche, Bentley, and Audi due to a part that violates laws against importing goods made with forced labor in China.
Panama Canal's Water Crisis Impacts Trade
The dry season in Panama is here, and it's causing some serious turmoil for trade through the Panama Canal.