Tag: International Trade and World Market
How Russia’s War on Ukraine Is Worsening Global Starvation
Moscow blocks most shipments from Ukraine, one of the world’s largest wheat producers, and its attacks on the…
Prime Minister Liz Truss Pivots From Queen’s Funeral to U.K.’s Crises
LONDON — The flowers have been cleared. Union Jacks no longer fly at half-staff. Ads have replaced Queen…
Biden Administration’s Bid to Cap Russia Oil Prices Faces Resistance
WASHINGTON — The Biden administration’s push to form an international buyers’ cartel to cap the price of Russian…
Ukraine Grain Ship Passes Russia’s Black Sea Blockade
MYKOLAIV, Ukraine — A ship loaded with corn on Monday became the first cargo vessel to sail from…
As Congress Debated Landmark China Bill, Beijing Surged Ahead
In the weeks before the House and the Senate ended 13 months of arguments and passed the $280…
Senate Passes $280 Billion Industrial Policy Bill to Counter China
WASHINGTON — The Senate on Wednesday passed an expansive $280 billion bill aimed at building up America’s manufacturing…
Russia Strikes Odesa Port, Stirring Doubts on Deal to Export Grain
ODESA, Ukraine — A string of explosions rocked Ukraine’s southern city of Odesa on Saturday, hitting one of…
Truckers’ Protests Over Labor Law Block Access to Oakland’s Port
For days, a convoy of truckers has blocked the roads that serve the Port of Oakland, crippling a…
Economy Is at Risk of Recession by a Force Hiding in Plain Sight
This past week brought home the magnitude of the overlapping crises assailing the global economy, intensifying fears of…
Biden’s Visit to Saudi Arabia Draws Criticism and Modest Accords
JEDDAH, Saudi Arabia — President Biden exchanged the shaken fist for a fist bump on Friday as he…
Gas Prices, a Big Inflation Factor, Are Coming Down Sharply
HOUSTON — Gasoline prices, on an upward tear for months, have reversed course in recent weeks, giving consumers…
Biden Seeks Price Cap on Russian Oil Amid Fears of Gas Shock
WASHINGTON — Relief at the gas pump coupled with this past week’s news that businesses continue to hire…