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16 May

China’s COVID Controls Will Impact Foreign Investment for Years

China’s strict COVID-19 controls will hamper foreign investment into the country for years to come as limits on travel block the pipeline for projects, the President of the American Chamber of Commerce warned on Tuesday.   There are few signs that American companies are leaving the China market, but the years-long process of research and […]

15 May

Cuáles son las nuevas tendencias en el mundo del comercio global?

El mundo hoy es radicalmente otro. Cambió “ayer nomás”, como dice la canción. Es raro, diferente, inestable, prometedor, exigente, como señalan analistas de diversas áreas, quienes a la par advierten acerca de la necesidad de reacomodarse en todo el circuito del comercio internacional. Durante la última Conferencia de Comercio Internacional realizada en Buenos Aires por […]

12 May

Dollar Rally Accelerates Slide in Metals

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 […]

09 May

US Suspending Import Taxes on Ukrainian Steel

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 […]

06 May

México eliminará aranceles a productos por más de 8,000 millones de dólares

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 […]

05 May

Strong Rice Demand From Asia, Africa Lift Indian Prices

 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 […]

04 May

Alternativas de Europa para sustituir el gas de Rusia

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 […]

03 May

The WTO and generic drug manufacturers explore possibilities for cooperation to expand access to treatment

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 […]

29 Apr

U.S. Consumers Shrug off High Inflation, Lean on Savings to Boost Spending

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 […]