In its latest Global Trade Outlook and Statistics report, WTO forecast an increase in manufactured goods demand as inflationary pressures ease in advanced economies. World trade merchandise is expected to rise by 2.6% in 2024 and 3.3% in 2025, after falling by 1.2% in 2023. The fastest 2024 growth in exports is expected in Africa…
In March 2024, US container imports increased by 0.4% compared to February, indicating a continued recovery in trade imports, with a 15.7% growth compared to the same period in 2023.Compared to February 2024, imports also continued to decline due to the impact of the Chinese Lunar New Year. Import volumes at the Port of Los…
The EU Commission will launch a new investigation into whether Chinese wind turbine suppliers have an unfair advantage in the European market through subsidies. Margrethe Vestager, the EU’s competition chief, said Tuesday that the probe would look into the development of wind farms in Spain, Greece, France, Romania and Bulgaria. She did not disclose the…
If you were to stand on the load platform at the massive Domino Sugars refinery along the Port of Baltimore today, you would see the collapsed remnants of the Francis Scott Key bridge in the distance. The bridge was a vital piece of the city’s infrastructure and a notable part of its visual identity. In…
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