×

Economic Measures Trade

  • LONDON/ ABU DHABI, June 5- The United Arab Emirates and Saudi Arabia have stopped exports of white sugar to Qatar after the two states broke off relations with Doha, in the first sign that the diplomatic crisis is hitting food trade, trade sources said on Monday. Qatar is dependent on the UAE and Saudi Arabia for its white sugar imports, which are estimated at less than...

  • *Canadian dollar at C $1.3493, or 74.11 U.S. cents. TORONTO, June 5- The Canadian dollar edged lower against its U.S. counterpart on Monday as oil prices fell, while data showed home sales tumbled in Toronto, Canada's largest city. Prices of oil, one of Canada's major exports, reversed gains to trade down on concerns that top crude exporter Saudi Arabia and other Arab...

  • KAMPALA, June 5- The pace of expansion of private sector activity in Uganda slowed in May, weighed down by weak exports as conflicts in neighboring countries disrupted regional trade, a survey index showed on Monday. "A notable slowdown in new orders was perhaps the main trigger in May, which is not entirely surprising given that Ugandas key export markets...

  • BUENOS AIRES, June 5- Harvesting of Argentina's biggest corn crop ever has been slowed by rains across the Pampas grains belt, pushing export schedules past August and increasing the competition against massive expected output from Brazil and the United States. The United States is the world's top corn supplier, followed by Argentina and Brazil.

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/econ-polls? RIC= CNEXP %3 DEC I export poll. *New May loans f'cast 900 bln yuan.

  • *South Africa to target the East to export maize surplus. JOHANNESBURG, June 5- South Africa will need to target Asian markets to boost maize exports this year after bumper crops at home and in neighboring countries depressed prices and dampened demand in Africa. This season South Africa hopes to export most of its maize surplus for the first time to Asia and the...

  • Expect global growth to rise to 2.7 percent in 2017: World Bank

    Franziska Ohnsorge, lead author of the Global Economic Prospects Group at the World Bank, says that her organization has not downgraded its global growth forecast for the first time in years.

  • *Free trade zone a showpiece of China's "Belt and Road" plan. HORGOS, China/ KHORGOS, Kazakhstan, June 5- On the border of China and Kazakhstan, an international free trade zone has become a showpiece of Chinese President Xi Jinping's signature "Belt and Road" Initiative to boost global trade and commerce by improving infrastructure and connectivity.

  • *Free trade zone a showpiece of China's "Belt and Road" plan. HORGOS, China/ KHORGOS, Kazakhstan, June 5- On the border of China and Kazakhstan, an international free trade zone has become a showpiece of Chinese President Xi Jinping's signature "Belt and Road" Initiative to boost global trade and commerce by improving infrastructure and connectivity.

  • NEW YORK, June 4- Soda giant Coca-Cola Co and major corn syrup makers have joined the political battle against the U.S. sugar industry in recent weeks, as the deadline to hammer out a years-long trade dispute with Mexico nears. They warned against potential fall-out for their industries if the United States and Mexico cannot agree to a new trade pact and avert...

  • A masked Somali pirate stands near a Taiwanese fishing vessel that washed up on shore after the pirates were paid a ransom and released the crew, in the once-bustling pirate den of Hobyo, Somalia.

    New data shows piracy in international waters, having fallen in the last few years, may be staging a comeback.

  • CHICAGO, June 2- Chinese agricultural delegations are set to visit the United States in the coming months, raising hopes that Beijing may lift a ban on U.S. poultry imports. China has blocked American poultry imports since the United States suffered its worst-ever outbreak of avian flu in poultry in 2015, frustrating U.S. producers who have detected only a...

  • RASTATT, Germany, June 2- German car and truck manufacturer Daimler said its plans to expand manufacturing at a plant in Alabama predates U.S. He used Twitter this week to attack Germany partly for its trade policies, flagging the United States' "massive trade deficit with Germany." Last year, around 545,000 cars were shipped from Germany to the United States, German...

  • *Lingering EU complaints over investor access to China. BRUSSELS, June 2- The European Union and China warned U.S. "We are convinced that yesterday's decision by the United States to leave the Paris agreement is a big mistake," Tusk, who chairs EU summits as the head of the European Council, told a news conference with Li and the EU's chief executive Jean-Claude...

  • LONDON, June 2- Washington's withdrawal from a global pact on climate change might give U.S exports a competitive advantage but supporters of the deal will struggle to respond with any carbon tariffs due to the complexity of keeping them within international trade rules. But the Paris deal sets no penalties for withdrawal and says efforts to ensure...

  • LONDON, June 2- Washington's withdrawal from a global pact on climate change might give U.S exports a competitive advantage but supporters of the deal will struggle to respond with any carbon tariffs due to the complexity of keeping them within international trade rules. But the Paris deal sets no penalties for withdrawal and says efforts to ensure...

  • TORONTO, June 2- The Canadian dollar was little changed against its broadly weaker U.S. counterpart on Friday, recovering from an earlier two-week low as data showing a rise in Canada's exports offset the impact of slumping oil prices. Prices of oil, one of Canada's major exports, fell to a three-week low on worries that U.S. Canada's trade deficit in April narrowed...

  • Statistics Canada said on Friday that the April trade deficit narrowed to C $370 million as exports outpaced imports for a second straight month on shipments of motor vehicles and parts. After struggling for years to adjust to sharply lower prices of crude oil, Canada's economy appears finally to be on a sustainable path to recovery. "The Bank of Canada has been...

  • OTTAWA, June 2- Canada's trade deficit in April narrowed to C $370 million as exports outpaced imports for a second month in a row to hit a new record high on shipments of motor vehicles and parts, Statistics Canada said on Friday. Exports to the United States, which accounted for 75.7 percent of all Canadian exports in April, soared by 5.4 percent while imports grew...

  • MEXICO CITY, June 1- The United States and Mexico have moved closer to a deal in talks over a prolonged sugar trade dispute, but there is no guarantee that an accord will be reached, Mexico's Economy Minister Ildefonso Guajardo said on Thursday. The ongoing spat is hanging over the upcoming start of talks between Mexico, the United States and Canada to renegotiate...