Global Crude Export Declines Pause in September, but Atlantic Basin Faces Ongoing Constraints
Global crude exports saw a pause in declines during September, but the Atlantic Basin remains constrained due to reduced demand from East of Suez markets, particularly China. While exports within…
India’s Steel Industry Urges Government to Double Tariffs on Imports Amid Rising Chinese Competition
Dilip Oommen, CEO of ArcelorMittal Nippon Steel (AMNS) India, has urged the Indian government to double tariffs on steel imports to protect domestic producers from the rising influx of cheaper…
Local Choice Electric Expands Service Portfolio to Meet Rising Demand in Apex, NC
Local Choice Electric has expanded its service portfolio in Apex, NC, to address the rising demand for reliable energy solutions. This expansion includes a range of new offerings designed to…
Turkey to Maintain Wheat Import Restrictions Even After Ban Lifts on October 15
Turkey plans to maintain certain restrictions on wheat imports even after lifting a four-month ban on October 15, 2024. The government will implement a quota system to regulate import volumes,…
Malta Begins Confiscation of HHC Products as Officials Enforce New Ban on Synthetic Cannabinoids
Officials in Malta are set to begin confiscating HHC (hexahydrocannabinol) products from shops amid ongoing regulatory scrutiny over cannabis-related items. This action follows concerns about the legality of such products,…
Kyrgyzstan’s Confectionery Exports to Kazakhstan Plummet by 3.2 Times in Seven Months
Kyrgyzstan has significantly reduced its confectionery exports to Kazakhstan, experiencing a decline of **3.2 times** over the past seven months. This sharp drop highlights the challenges faced by Kyrgyz exporters…
SAPZ Initiative Key to Tinubu’s Food Security Strategy, Says Agriculture Minister
The Special Agro-Industrial Processing Zone (SAPZ) is central to President Bola Tinubu’s food security agenda, according to the Minister of Agriculture. The initiative aims to enhance agricultural productivity and ensure…
Ukrainian Wheat Exports Surge Past 6.5 Million Tons Amid Strong Agricultural Performance
Ukrainian wheat exports have surpassed **6.5 million tons** as of early October 2024, reflecting a significant increase in agricultural output for the current marketing year. This rise is part of…
Vietnam’s Import-Export Budget Revenue Soars 13.5% in 2024, Reaching Over 306 Trillion VND
Vietnam’s budget revenue from import-export activities has increased by **13.5%**, reaching approximately **165.7 trillion VND** (nearly **6.63 billion USD**) in the first five months of 2024. This growth is driven…
Canada Implements 100% Tariff on Chinese EVs and 25% Surtax on Steel and Aluminum Imports
Canada has officially implemented a 100% tariff on imports of Chinese-made electric vehicles (EVs), effective October 1, 2024. This decision aligns with similar tariffs imposed by the United States and…