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Think Tank
Global Trade & Economics: Page 212
Dutch Resist U.S. Call to Ban More Chip Equipment Sales to China
The European country dominates one-of-a-kind, cutting-edge chipmaking equipment that has become a focus of the U.S. government’s attempts to limit China.
Oil Freight at $100,000 Piles Pressure on Crude Markets
The escalating shipping costs, however, are being offset by falling spot premiums in the current cycle even for OPEC producers’ crude, traders said.
The Critical but Little-Known Role of the ‘Titanium Economy’
Countless headlines over the past few decades have recounted a story of American industry in decline. But media coverage has almost entirely overlooked a resurgence that’s well underway.
U.S.-Europe Trade Booms as Old Allies Draw Closer
The U.S. has imported more goods from Europe than from China in 2022, pushing East Coast ports ahead of their West Coast counterparts in import volumes
China Considers Emergency Use of BioNTech Vaccine for Foreigners
Though the vast majority of the country’s population has already been vaccinated, Chinese authorities have relied on locally developed shots like those from state-backed Sinopharm and Sinovac.
Shoppers Spend Less, Leaving Companies That Deliver Goods Empty for the Holidays
People increasingly want to spend their money in stores, which is bad news for parcel and last-mile delivery companies that benefitted from the online-shopping boom.
U.K. Retail Sales Rise But Stores Could Face Difficult Christmas
Analysts said October's rise could be a "false dawn" and the key Christmas trading period could be "difficult."
Enel to Build Massive Solar Panel Factory in U.S.
The factory will also manufacture solar cells, the building blocks for solar panels and a component not currently produced in the U.S.
Chip Maker Nvidia Issues Tepid Earnings Forecast
Graphics chip maker Nvidia said its gaming-segment sales more than halved during the fiscal third quarter and its revenue dropped 17%.
Target Cuts Outlook, Misses Big on Profit as Its Shoppers Retrench
Target also unveiled a plan to save as much as $3 billion by streamlining operations, but stopped short of mass job cuts.
China Vows to Make Stabilizing Growth a Higher Priority
Recent COVID outbreaks and the “complicated international environment” mean that “arduous efforts” will be needed to ensure economic growth stays on track in the fourth quarter.
Port of Los Angeles Cargo Volume Down 6% so Far in 2022
Cargo volume at the Port of Los Angeles dropped in October as the Port handled 678,429 Twenty-Foot Equivalent Units (TEUs), a 25% decrease from October 2021.
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