Total results: 1330.
The year 2022 promises to be a harbinger of changes to European trade, with modifications made to prior agreements as a result of Brexit, Russian military aggression, and United States-based council meetings. As of January 1, 2022, any goods exported to Great Britain from the European Union must now have…
Several provinces in China are enacting wide-scale precautions after the country reported its largest spike in COVID-19 cases since the beginning of the pandemic, creating restrictions for an estimated 45 million Chinese citizens and impacting multiple economic sectors. Currently regional container hubs and ports are remaining open, a distinct contrast…
On March 11th, 2022, the United States and G7 allies removed Russia from their Most Favored Nation Status. This allows the U.S. and the G7 to impose tariffs on various Russian goods allowing them to put more pressure on Russia’s economy. This is yet another effort to pressure Russia into…
On March 8, 2022, President Joe Biden issued an executive order prohibiting the following: Imports of crude oil, certain petroleum products, liquefied natural gas, coal, and coal products from Russia. New investment in Russia’s energy sector by U.S. persons located anywhere Any approval, financing, facilitating, or guarantee by a U.S.…
Since the introduction of cryptocurrency in 2009, each passing year has seen it play a steadily larger role in worldwide transactions, and these effects are starting to be felt in international trade. As the global economy propels forward into 2022, cryptocurrency and blockchain technology promise to have an outsized impact,…
Presented by Finance Minister Nirmala Sitaram, Union Budget for FY 2022-2023 has been structured to have a transformative approach to the nation's economic growth and sustainable development with a focus on Green Logistics. In her budget speech, she pointed out that the driving engines for this transformation would be roadways,…
Within hours of Ukraine being invaded by Russia, the U.S., U.K, and EU all announced new sanctions in an unprecedented attempt to isolate Moscow from the global economy. The sanctions did not include restrictions on the purchase of Russian oil and gas, however, as these materials are significant drivers for…
The U.S. has announced significant new restrictions on exports to Russia as a response to the invasion of Ukraine. These new sanctions, effective February 24 include: New license requirements for all ECCN number in categories 3-9 of the CCL, some of which were not previously controlled to Russia. This includes…
After 52 years, MSC has climbed to the #1 position in the world of ocean freight, crossing this line on January 5th with the acquisition of the classic Panamax vessel MEXICO. Wan Hai’s pivot to the Trans-Pacific market is evident in the rest of the market. The Taiwanese line’s intra-Asia…