Improved business activity casts doubt over rate cuts
WASHINGTON/LONDON : Businesses across the globe broadly enjoyed an improved performance this month with activity picking up in the United States and across parts of Asia and Europe, surveys showed on Thursday, giving central
WTO forecasts rebound in Global Trade in 2024
GENEVA : Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was driven by high energy prices and related inflation, World Trade Organization (WTO) economists said
Global trade disrupted as Red Sea crisis raise economic concerns
NEW YORK : The greatest disruption to global trade in decades has resulted from two months of missile, drone, and hijacking attacks against civilian ships in the Red Sea, driving up costs for shippers
Shipping – Not a gentleman’s game anymore : Amitabh Kumar
The United Nations Convention on the Laws of the Seas (UNCLOS) grants ships of all States, whether coastal or land locked the right of innocent passage through the territorial sea. The convention further provides
Supply chain leaders focusing on inflation according to global report
NEW DELHI : A new global report from the Thomson Reuters Institute has revealed that high inflation is rated as the top strategic priority for 2023-24 by 33% of supply chain leaders, followed by supply chain
Mongolia is looking for coking coal supplies to India
ULAANBAATAR : Mongolia is keen to tap India as a probable partner for supply of coking coal and has reportedly approached the Steel Ministry to explore probable tie-ups, those familiar with the developments said.
Sri Lanka to lift import controls on 100 items: Minister
COLOMBO : Sri Lanka plans to lift import controls on 100 items which were banned during forex shortages in the past two years, which was hurting small and medium industries, State Minister for Finance
Global trade slows, but ‘Green Goods’ grow: UNCTAD
GENEVA : Global trade was worth a record US$32 trillion in 2022, but amid deteriorating economic conditions and rising uncertainties, growth turned negative in the last half of the year and is set to
