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Global Trade & Economics: Page 157

There’s Only One Way Off a Burning Platform
Here, you’ll find dozens of experts from multiple disciplines, writing about tools to address the mega-challenges and persistent uncertainty that has plagued supply chains over the past few years.
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The Rise of Near-Shoring from China to Mexico: A Strategic Economic Shift
Mexico is emerging as a pivotal player in the near-shoring phenomenon, drawing attention from global investors and companies seeking to relocate from China.
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Livestock Ship Stranded at Sea for Weeks Returns to Australia
The ship remained at sea for several weeks awaiting a decision from Australia as to whether or not the livestock could be offloaded due to biosecurity risks, officials said.
Photo: iStock / Peter Schaefer
OPEC+ Nations Set to Decide on Extending Cuts in Early March
Seven coalition members have pledged supply curbs totaling about 900,000 barrels a day this quarter, in tandem with a 1 million-barrel reduction by group leader Saudi Arabia.
Vienna, Austria. Photo: Andrey Rudakov/Bloomberg
The Price of Diesel in Europe Is Being Boosted by Red Sea Shipping Chaos
Since the start of 2024, the wholesale cost of fuel delivered to northwest Europe has jumped by 12% to just over $116 a barrel.
Suez Canal, Egypt. Photo: Bloomberg
China’s Manufacturing Industry Shrinks for Fourth Straight Month
The Chinese auto industry is also trending down after carmakers were forced to delay the delivery of some vehicles due to a production issue with computing units made by Huawei.
Shanghai, China. Photo: iStock / Jenson
Vietnam, Philippines Expanding Cooperation in the South China Sea
Under the deals, Vietnam said it would supply the Philippines with 1.6 million to 2.2 million tons of rice annually.
Photo: iStock.com/VM_Studio
Retailers Are Planning to Shake Things up in 2024, Survey Finds
Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year.
Photo: iStock.com/B4LLS
Tankers Hauling Kuwaiti Oil Veer From Red Sea After Friday Blast
Despite the diversions, lots of tankers — many hauling Russian oil — continue to ferry barrels through the waterway.
Photo: iStock / IgorSPb
US DOT Makes Intermodal Infrastructure Investments
The awards, announced January 25, will make considerable investments in intermodal freight infrastructure.
Photo: iStock / ake1150sb
Logtech Companies Trimming Staff
Venture-capital investments in supply-chain technology startups fell to $780 million in the fourth quarter of last year, down from $5.2 billion in the same quarter two years earlier.
Photo: iStock.com/solarseven
French Farmers Block Highways Around Paris as Protests Sharpen
Farmers have been choking roadways across the country to protest higher production costs, stringent regulations imposed from Brussels and what they call unfair competition from abroad.
Photo: Bloomberg
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