War? What war?
Russian imports are continuing to pour into the American economy, regardless of President Biden’s threats earlier this year of “a crushing blow” to Vladimir Putin’s economy. While vodka and diamonds may have felt the weight of that threat - rubber, food, and wood have continued to hold high import volume since February.
China and Russia recently committed to maintaining stability in their industrial supply chains.
The US's top trade official, Katherine Tai, suggested to the BBC that the sharp decline in trade with China might not be all bad news, hinting at potential benefits from diversification.
While thousands of migrants illegally enter the US each day, over 11,000 people remain in shelters and camps on the Mexican side of the border, according to community leaders.
Russia is aiming to increase its share of the liquefied natural gas (LNG) market to 20% by 2030, but its plans face challenges due to sanctions and a shortage of ice-class LNG tankers.
Estonia's foreign minister, Margus Tsahkna, has accused Moscow of orchestrating a "blatant hybrid attack" by facilitating a surge in migrants from Africa and the Middle East arriving at the EU's eastern frontier.
Finnish President Sauli Niinisto has stated that it has become "impossible" to deport asylum seekers who do not meet the criteria for protection.
A United Nations-backed report reveals that major fossil fuel-producing countries, including the United States, Russia, and Saudi Arabia, are on course to produce twice the amount of fossil fuels that exceed critical global warming thresholds by the end of this decade.
After months of secrecy surrounding President Biden's decision to provide ATACMS missiles to Ukraine, it has been revealed that the missiles are now in Ukrainian possession and have been used in attacks on Russian military facilities.
Russia has accused Ukraine's Western allies of planning and conducting a missile strike on the Black Sea Fleet's headquarters in Crimea, alleging that the attack was coordinated with the assistance of American and British security agencies, NATO satellites, and reconnaissance planes.
Russia continues to depend on European shipping to transport its oil, even as its supplies exceed the price caps set by the Group of Seven (G-7) and its allies, according to the Centre for Research on Energy and Clean Air (CREA) based in Helsinki.
A growing number of ships are manipulating their reported locations for illicit activities, potentially involving goods worth billions of dollars.
Rising oil prices are impacting consumers, complicating the global fight against inflation, and contributing to Russia's war chest.
Facing an aluminum oxide shortage exacerbated by geopolitical tensions, Russia has been diversifying its supply chain for this critical raw material.
The U.S. Energy Secretary Jennifer Granholm revealed plans for the Biden Administration to allocate $12 billion in loans and grants to automakers and suppliers, aimed at facilitating the transformation of their facilities to produce electric vehicles (EVs) and other advanced vehicle technologies.
In a conversation with Lotta Danielsson, Vice President of the U.S.-Taiwan Business Council and editor of the report "U.S., Taiwan, and Semiconductors: A Critical Supply Chain Partnership," Taiwan's significant role in the semiconductor supply chain is discussed.
Inflation in the US has dropped from 9% to 3% over the past year, but reducing it to the Federal Reserve's 2% target rate proves to be a tougher task.
The Brookings Institute recently released a report titled "America can't afford to ignore the logistics triad," which highlights the critical role of logistics in military operations, particularly against formidable adversaries like China and Russia.
According to a recent report by ISS ESG, a full-blown recession has not occurred, but there has been a lackluster performance in a low-growth environment, coupled with high inflation, interest rates, and tighter liquidity due to a recent banking crisis.
A drone attack conducted by Russia targeted more than 700 grain warehouses on the Danube River in Ukraine, damaging crucial infrastructure for Kyiv's grain export route.
Russia's decision to withdraw from a grain export deal with Ukraine has escalated concerns about global food supplies and prices.
During a panel discussion, former officials from the US and South Korea debated the necessity of having both the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Indo-Pacific Economic Framework (IPEF) in the Asia-Pacific region.
U.S. Treasury Secretary Janet Yellen emphasized the importance of strengthening economic and security ties with Vietnam during her visit to the country, as part of the United States' efforts to build relationships in Asia.
Wheat prices experienced a significant increase following Russia's actions targeting Ukraine's grain export infrastructure.
Op-ed authors Olivia Letts and Jerry McGinn suggest that the US defense industry should consider implementing second sourcing as a solution to supply chain limitations and enhance resilience.
The expiration of the Black Sea grain deal, which allowed Ukraine to export grain via the Black Sea, is a significant development with implications for global food prices and the World Food Programme (WFP).
The global economy, already grappling with the aftermath of the pandemic and the war in Ukraine, faces further uncertainty as chaos in Russia threatens to disrupt stability.
Federal Reserve Chair Jerome Powell reaffirmed the likelihood of raising interest rates at least once more this year due to persistent inflation in the service sector and a tight job market.
Despite efforts to reduce reliance on Russian uranium, Russia maintained its position as the top supplier of nuclear reactor fuel to the United States last year.
Russian crude oil exports continue at high levels with no significant evidence of output cuts, raising concerns among OPEC+ partners.
In a bid to further pressure Russia over its war in Ukraine, the U.S. Senate has unanimously passed a bill to prohibit Russian uranium imports.