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Global Trade & Economics: Page 174

Germany Seeks to Lock In LNG Deals to Avoid Cargo Diversions

The issue of securing supply has recently taken on importance as Europe’s gas market has seen renewed volatility due to supply risks.

The LNG Aquarius liquefied natural gas tanker at Java Sea offshore in Jakarta, Indonesia, on Sunday, Oct. 31, 2021. The world is facing an energy crisis, with demand rebounding as economies reopen after the pandemic. Photo: Bloomberg/Dimas Ardian

FTC, States Accuse Amazon of Illegally Stifling Competition

The lawsuit pits Amazon against Khan, who published a paper while a Yale law student, arguing that antitrust laws had failed to stop Amazon from amassing power over its customers.

Photo: iStock.com/Sundry Photography

South Africa Urges Greater Biosecurity on Avian Flu Outbreak

Vaccines aren’t yet available in South Africa, but government talks to finalize access are at an advanced stage and registration of the medicines will be fast-tracked.

Photo: iStock / davit85

Saudi Cargo Firm SAL’s $678 Million IPO Sells Out in Hours

Saudi Arabia has outlined an ambition to become a global supply chain hub and develop one of the largest airports in the world in Riyadh.

A plane takes off at Riyadh airport. Photo: iStock.com/Ankabala

Micron Begins Construction of $2.75B Semiconductor Plant in Gujarat

Tata Projects will collaborate with Micron Technology in constructing the plant, which it says will begin shipping out semiconductor chips in 2024.

Gujarat, India. Photo: iStock.com/0shi

Mexico’s Future as U.S. Go-To Trade Partner Depends on Investment, Infrastructure

The reason Mexico didn’t rise as a great near-shore market before was that supply chain resiliency just wasn’t top of mind in the last few decades, when landed cost was king.

P24 Mexico

EU Rules on Electric Cars Could Cost Carmakers Billions

The U.K. is by far their largest export market for European car-makers, with 1.2 million vehicles arriving at U.K. ports last year.

Photo: iStock.com/Tanaonte

Is the Biden Administration Undercutting Its Own Policies on Chinese Solar Imports?

Conflicting policies within the Biden Administration have provided China with a loophole that allows it to circumvent antidumping and countervailing duties on the export on solar cells and modules to the U.S.

A close-up of solar panels can be seen in front of a sunset. Photo: iStock.com/JONGHO SHIN

Australian Unions Call Off Strikes Against Chevron

Chevron and the Offshore Alliance said September 22 that they had settled on terms of an agreement proposed by Australia’s Fair Work Commission.

Dallas, Texas. Photo: iStock.com/JVHEPhoto

UAW Says It Made Progress with Ford, Plans More Strikes Against GM, Stellantis

Sources said that the strikes will likely expand to 38 additional GM and Stellantis facilities across 20 states, but expanded strike actions are not expected against Ford.

Detroit, Michigan. Photo: iStock.com/TennesseePhotographer

Russia Temporarily Bans Diesel Exports; European Prices Jump

The ban, which also applies to gasoline, came into force September 21 and doesn’t have a final date, according to the government decree.

Photo: iStock.com/Andrii Zorii

China Emphasizes Importance of Pakistan Economic Corridor

Gwadar is the linchpin of China’s Belt and Road infrastructure endeavors in Pakistan, but developments have attracted ire from Gwadar locals, over illegal fishing trawlers from abroad.

Photo: iStock.com/Aleem_khan

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