Policies meant to lure importers to Hainan, a resort island off China’s coast, signal an opening up, Beijing says. One expert calls it a “bait and switch.”
Tag: International Trade and World Market
Venezuela Braces for Economic Collapse From U.S. Blockade on Oil Exports
Venezuela could lose the bulk of its oil export revenues this year if the U.S. blockade stays in place, according to internal government estimates, a scenario that would set off a humanitarian crisis.
Cheap Solar Is Transforming Lives and Economies Across Africa
Chinese panels are now so affordable that businesses and families are snapping them up, slashing their bills and challenging utilities.
Mexico Train Derailment Kills 13 People
The train was carrying around 250 passengers and crew members on a cross-country route linking the Pacific and the Gulf of Mexico. Nearly 100 people were injured.
The Strange Case of the Russian Snickers in U.K. Convenience Shops
The Russian-labeled candy bars are a reminder of how difficult it is to completely disconnect a major economy from the global flow of goods.
Businesses in Canada Navigate Trump’s Tariffs During the Busy Holiday Season
Small businesses across Canada have lost out on sales because of the trade war, and many worry about their future.
Carney Names Financier Mark Wiseman as Canada’s U.S. Ambassador
Mark Wiseman has held high-profile roles in law, business consulting and finance, and will lead Canada’s efforts to reboot diplomatic relation with Washington at a critical moment.
As Trump Clings to Tariffs, His Argentine Ally Is Opening Up to Trade
President Javier Milei is eliminating barriers to what had been a closed-off economy, moving in the opposite direction of his main political ally, President Trump.
‘A Singularly Turbulent Time’: Deeper Uncertainty in Store for Global Economy
A reordering of the rules of trade, set on top of transformational change in technology, demographics and climate, is remaking jobs, politics and lives.
Israel Approves $37 Billion Deal to Deliver Gas to Egypt
Israel’s granting of an export permit is the final step to allow the deal, first announced by energy companies in August, to proceed.