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Global Trade & Economics: Page 152

Panama Canal Adds Transit Slots as Restrictions in Crucial Corridor Begin to Ease
A pair of slots are up for auction for transit dates starting on March 18, with an additional slot for dates beginning on March 25.
Photo: iStock.com/Federico Barbieri
Will Canada’s Modern Slavery Act Become North America’s De Facto Law?
While there’s no official count of the number of companies affected by the Canadian modern slavery law, it’s likely to include a significant number of American and Mexican businesses.
Canada's Parliament Buildings in Ottawa. Photo: iStock.com/franckreporter
MercadoLibre Is Betting Big on Mexico With Record $2.5B Investment
The company is also planning to add headcount to its logistics workforce in Mexico, where it has more than 12,000 employees.
A worker packs an order for shipment at the MercadoLibre Distribution Center (Cedis) at Prologis Park Grande in Tepotzotlan, Mexico state, Mexico, on Tuesday, Nov. 29, 2022. Photo: Bloomberg
Ships Face Growing Threat From Somali Pirates, EU Warns
Ships have been attacked at 600 miles or more from the Somali coast, and pirates are believed to be operating in a zone that spans more than 1,000 miles.
Photo: iStock.com/zabelin
Chances of a Weather-Roiling La Niña This Year Are Now Above 80%
La Niña can lead to droughts in South America and California, and more rain across parts of Indonesia and Australia.
La Niña can lead to droughts in South America. Photographer: Sebastian Lopez Brach/Getty Images
Steelworkers Union Demands Investigation into ‘Unfair’ Chinese Shipbuilding
U.S. steelworkers claim China has established a stranglehold on shipbuilding to dominate global trade.
Photo: iStock / mady70
Pirates Board Commodity Ship Off the Coast of Somalia
The attack is the most recent sign of a fresh bout of Somali piracy in the Indian Ocean, coinciding with a slew of attacks on merchant shipping in the Gulf of Aden and the Red Sea.
Photo: Bloomberg
China’s Xiaomi to Start Electric Car Sales
The smartphone giant has said it will invest $10 billion in its vehicles business over the next 10 years.
A Xiaomi retail store. Photo: iStock.com/Robert Way
Chinese Crane Maker Refutes U.S. Cybersecurity Concerns
The Biden administration recently announced it would replace the nation’s Chinese-built port cranes with Japanese ones.
Photo: iStock / golero
Three U.S. Nitrogen Gas Manufacturers Bar Products From Use in Executions
It’s the first example of corporate action to stop medical nitrogen being used to kill people.
Photo: iStock.com/Zerbor
Deadly Ship Attack Means Red Sea Voyages Need Re-Think, Union Says
David Appleton, head of professional and technical at Nautilus, which represents more than 20,000 maritime workers, said the utmost priority should be the safeguarding of the lives of seafarers.
Ismailia, Egypt. Photo: iStock.com/vale_t
BIMCO Calls for 'Decisive Action' After Red Sea Ship Deaths
One Vietnamese and two Filipino crew members died in the attack on the MV True Confidence, and two others were seriously injured.
Photo: iStock.com/zabelin
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