Louisiana’s refineries require the kind of oil Venezuela produces to operate properly.
AP Photo/Gerald Herbert
It will be hard and complicated to replace Venezuela’s heavy sour crude.
A surprising number of American flags are made in China.
Rawpixel.com/shutterstock.com
Millions of American flags come from China. Yet despite being symbols of patriotism, they’re not among the products subject to new tariffs imposed by the Trump administration.
American-made F-15 warplanes fly over Riyadh.
AP Photo/Hassan Ammar
Trump claimed that ‘we would be punishing ourselves’ by using US arms sales to Saudi Arabia as a bargaining chip over the disappearance of Khashoggi. A look at the arms trade shows why he’s wrong.
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The collapse of the oil price in 2014 highlighted the need for Nigeria to dilute its exposure on the commodity.
Dominic Raab, secretary of state for existing the European Union and star of Deal or No Deal.
PA/Peter Nicholls
August 24, 2018
Ioannis Glinavos , University of Westminster ; Alan Shipman , The Open University ; Andrew Gunn , University of Leeds ; Feargal Cochrane , University of Kent ; Helen Carasso , University of Oxford ; Philip Crilly , Kingston University , and Stephen Roper , Warwick Business School, University of Warwick
From trade to medicines, the UK government’s ‘just in case’ planning is revealing.
A woman in Venezuela shows off the new two and five bolivar soberano bills.
Reuters/Carlos Garcia Rawlins
Venezuela recently devalued its bolivar by 95 percent to tame rabid hyperinflation that has been sending prices on everyday goods through the roof. If history is a guide, it won’t work.
Ins and outs.
MNBB Studio
Watch out, Indonesia and South Africa.
Kentucky bourbon is among the products targeted with retaliatory tariffs by the EU.
AP Photo/Jeff Chiu
Trump has started a trade war with China and much of the world. Here’s what you need to know.
Illegally logged rosewood in Antalaha, Madagascar, 22 February 2005.
Erik Patel
The illegal timber trade is a huge global business worth up to US$150 billion yearly. One way to curb it is by convincing consumers in wealthy countries that buying contraband wood products is wrong.
Stacks of used clothing are seen in this African warehouse. The U.S. is retaliating against countries that are restricting the import of American used clothing, a marginal industry for the U.S. but a critical one for some African nations.
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The top U.S. foreign policy goals in Africa evidently no longer relate to human rights or democratic freedoms, but to protecting tiny, marginal American industries.
The government’s Defence Export Strategy aims to make Australia a world leader in arms exports.
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The government wants Australia to grow defence exports 800% by 2028. Investing in the cyber industry may be the only way to get there.
Australia tried to negotiate a final deal for the TPP at the 2017 APEC meeting in Vietnam.
NA SON NGUYEN/AAP
The new TPP means fewer barriers for Australian exports, but there a number of loose ends – not least if the United States decides to rejoin.
Not just for Thanksgiving and Christmas.
USDA
How do foods break into new niches and global markets? US cranberry growers, saddled with large surpluses and working to boost demand for their product, could take a lesson from soybeans.
The first daigou retailer recently listed on the ASX, AuMake.
Supplied/AAP
New stores based on the business of personal shoppers for Chinese clients are capitalising on the country’s emerging middle class.
apiguide/Shutterstock
Crunching the numbers on 14 years of trading shows one of the assumptions about global markets is looking fragile.
Curioso/Shutterstock
China’s bid for an infrastructure blitz to drive overland trade through to Europe will end up being overshadowed.
Shipping constraints are costing Australian exporters.
AAP
New modelling shows that Australia’s distance from Europe and the United States hurts our exports, but this will change as Asia develops.
Surveys suggest Trump’s election is hurting America’s reputation.
AP Photo/Kamil Zihnioglu
Surveys show Trump’s election is damaging America’s reputation abroad, which research suggests could deal a sharp blow to US trade.
GrahamAndDairne/Flickr
Smaller companies are failing to move quickly into overseas sales. It may be time for government to put its money where its mouth is.
if you like to drink (or sell) German beer, higher rates are a wonderful thing.
Matthias Schrader/AP Photo
While borrowers may not be thrilled by the Federal Reserve’s decision to raise rates, many of us have plenty of reason to celebrate.