Gold and other precious metals dropped on Thursday, with palladium shedding more than 8%, as investors flocked to the dollar driven by bets the U.S. Federal Reserve will stick to aggressive rate hikes. Spot gold fell 0.7% to $1,838.50 per ounce by 11:28 a.m. EDT (1528 GMT). U.S. gold futures were down 0.8% at […]
Resulta paradójico que en un país en donde se pueden encontrar marcas con presencia internacional y reconocidas mundialmente, esté catalogada como una de las economías “más cerradas” de América Latina. Sin embargo, de acuerdo con la Comisión Económica para América Latina y el Caribe (Cepal) Colombia es uno de los países con el grado de apertura […]
The United States is suspending 25% import taxes on Ukraine’s steel in a show of support for the country’s beleaguered economy during the Russian invasion. The Commerce Department said Monday that it would withdraw the tariffs for a year. Ukraine accounts for only about 1% of U.S. steel exports. Some of the country’s […]
México eliminará aranceles a importaciones de productos e insumos básicos por un valor conjunto de 8,134 millones de dólares, de acuerdo con datos correspondientes a 2021. Los aranceles aplicados a esos productos van desde 10% (por ejemplo, harina de trigo), 15% (maíz blanco), 20% (atún) y 45% (frijol y leche), hasta 75% (carne de […]
Export prices of rice from India rose this week on increasing demand from Asia and Africa, while dwindling supplies of the staple lifted Vietnamese rates. Top exporter India’s 5% broken parboiled variety was quoted at $363-$367 per tonne, up from last week’s $361-$365, with prices also being supported by an appreciation in the […]
El cierre del gasoducto que abastece a Polonia y Bulgaria desde Rusia ha levantado todas las alarmas en Europa, que busca urgentemente fuentes alternativas de energía con las que suplir el gas de Moscú. El Kremlin había advertido que desde el 1 de abril los pagos deberían realizarse en rublos, la moneda local, algo […]
The event, which was held under the Chatham House Rule, built on the longstanding relationship between the WTO Secretariat and the IGBA and the collaborative efforts by the WTO with leading vaccine manufacturers since the outbreak of the pandemic. Participants acknowledged the important role of generic/biosimilars makers as part of the past pandemic-related discussions. This is […]
U.S. consumer spending rose more than expected in March amid strong demand for services, while monthly inflation surged by the most in 16-1/2 years, giving the Federal Reserve ammunition to hike interest rates by a hefty 50 basis points next week. The case for an aggressive monetary policy stance from the U.S. central bank […]
Decenas de ciudades chinas se encuentran estos días bajo confinamientos parciales o totales, después de un nuevo auge en casos de coronavirus en el gigante asiático que amenazan la controvertida estrategia de “covid cero” de las autoridades. Debido a la propagación de la variante ómicron, Shanghái, con 25 millones de habitantes y un peso vital […]
Fragmentation of the global economy and a retreat from global trade would make countries more vulnerable to production shocks arising from natural disasters and outbreaks of fatal diseases, the head of the World Trade Organization said on Wednesday. WTO Director General Ngozi Okonjo-Iweala told an event hosted by the National Foreign Trade Council […]