The Treasury Department announced new sanctions on oil shippers and traders that have been helping Russia circumvent price restrictions.
Tag: International Trade and World Market
Blocked by Polish Truckers, Ukraine Turns to the Black Sea to Boost Trade
The blockade at the border with Poland has crippled Ukraine’s land trade. But a new Black Sea route is providing an economic lifeline.
Chinese Traders and Moroccan Ports: How Russia Flouts Global Tech Bans
Using specialized e-commerce sites, secretive shipping workarounds and a constellation of middlemen, Russia has obtained the tech components it needs to keep its economy and war in Ukraine going.
Tensions Spilling Over From Gaza Impact Shipping in the Red Sea
Britain said that one of its warships had shot down a suspected attack drone, and several shipping companies have temporarily stopped sending vessels through the Red Sea.
The Debt Problem Is Enormous. Experts Say the System for Fixing It Is Broken.
Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.
Lead Levels in Children’s Applesauce May Be Traced to Cinnamon Additive
The F.D.A. is investigating the sources of cinnamon and other ingredients produced outside the U.S. as the possible cause of lead poisoning in dozens of children. Advocates are urging mandatory testing of lead in food.
John Kerry on the COP28 Agreement and What Comes Next
John Kerry said major oil-exporting countries’ willingness to acknowledge that the era of fossil fuels must come to an end underscored the “urgency” of the deal.
Lawmakers Call for Raising Tariffs and Severing Economic Ties With China
A bipartisan report recommended stripping China of the low tariffs the United States granted it two decades ago, among other actions.
Lawmakers Press Biden Administration for Tougher Curbs on China Tech
Republican legislators argue that the Biden administration has been ill-equipped and unmotivated in a technology fight with Beijing.
Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears
American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.