China has responded to US sanctions with its own set of punitive measures. An expert on international trade explains the standoff and what it means for countries and companies caught in the middle.
China and the U.S. compete to be the world’s largest economy, but the dollar dominates the yuan as a currency.
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Despite China’s economic power, the yuan lags as a major global currency. Here’s why current US interest rates and sanctions on Russia may change that.
Agriculture is still largely manual in a several parts of the continent.
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Many countries export their plastic waste abroad – but the mismanagement of this plastic waste is one of the leading causes of plastic pollution in nature.
Gas prices are displayed at a gas station in Frankfurt, Germany. OPEC countries have decided to cut oil production by 2 million barrels per day in response to rising global interest rates.
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The impact of oil sanctions on Russia is limited compared to the severe repercussions they have on the global economy and other countries’ abilities to achieve energy security and transition.
Most national carbon border adjustments being considered target only manufactured goods.
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A new study shows what it would mean for Europe and China, and why the US might not be too excited about the idea.
A container ship moves up through the winter ice in the St. Lawrence River, near the Port of Montréal. Approximately 8,000 merchant vessels travel the St. Lawrence annually. The importance of the river in all aspects of the economy is enormous and is expected to increase in the years to come.
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Approximately 8,000 merchant vessels travel the St. Lawrence each year. Its ports have become the catalysts that link trade, development and industrial innovation.
Fourth wave of globalisation saw China’s increasing role as a global powerhouse.
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Russia’s war has had an unexpected impact on global trade patterns, raising the price on goods but weakening currencies. What’s behind this unexpected blip?
Nigeria is intent on increasing local manufacturing.
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Russia isn’t a major producer of uranium, but it handles a large share of the steps that turn it into nuclear fuel. That makes it a major player in this globalized industry.
The Ghanaian currency is facing its worst run of depreciation in years.
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Scott Morrison and his ministers have strongly attacked China over its failure to denounce Russia’s attack on Ukraine or to use its influence to press President Putin to pull back.
It’s meant to stop what’s known as ‘carbon leakage’ – when production moves elsewhere to avoid climate policies – but the solution has economic, legal and environmental consequences.
Garment factory at the Hawassa Industrial Park in Hawassa, southern Ethiopia.
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