A report released Tuesday showed that Argentina's trade with neighbour Brazil has reached its highest level since 2018, exports reaching US $ 4.2 billion until May, 33% better than in the first five months of last year, but 6% lower than the same period of 2019.
The shipping company Maersk expects world trade to grow by 3% or more in 2021. The company sees global trade recovering, but there is still a lot of uncertainty about the size of the impact of Covid-19 on the world economy in 2021. So it is implementing a global strategy that positions it for growth in several countries, including Mercosur members.
About 3,500 U.S. companies, including Tesla Inc, Ford Motor Co, Target Corp, Walgreen Co, and Home Depot have sued the Trump administration in the last two weeks over the imposition of tariffs on more than US$300 billion in Chinese-made goods.
A U.S. judge on Tuesday sentenced former Google engineer Anthony Levandowski to 18 months in prison for stealing a trade secret from Google related to self-driving cars months before becoming the head of Uber Technologies Inc’s (UBER.N) rival unit.
United States President Donald Trump on Tuesday shut the door on Phase 2 trade negotiations with China, saying he does not want to talk to Beijing about trade because of the coronavirus pandemic.
European Ombudsman Emily O'Reilly has opened an inquiry into why the European Commission did not finalize an updated Sustainability Impact Assessment (SIA) before the conclusion of the Mercosur-EU trade agreement in June 2019.
A new trade deal between Turkey and Venezuela, officially titled “Trade Development Agreement,” will enter into force on August 21, the Turkish T24 news website said on Saturday.
The European Union’s most powerful member, Germany, takes over the bloc’s rotating presidency as of Wednesday amid a raft of challenges — from COVID-19 and the economic devastation it has wrought, to Brexit, trade with China and tensions with the United States.
U.S. Secretary of State Mike Pompeo on Thursday warned American investors against fraudulent accounting practices at China-based companies and said the Nasdaq’s recent decision to tighten listing rules for such players should be “a model” for all other exchanges around the world.
“Get on the train.” That was the response from investment expert Michael Novogratz when asked about his thoughts on Bitcoin (BTC). With the world’s economy in turmoil heading into the second half of 2020, the crypto advocate said now is the time to invest. According to his metrics, BTC is poised to break another resistance level and, thus, raise its baseline average. For investors, that’s a positive sign. However, the latest hype seems to have more substance this time around.