Trade
OPEC+’s decision to slash oil production has the White House considering measures aimed at breaking the cartel’s hold on markets or limiting U.S. oil exports should shortages emerge.
Chinese theft of U.S. intellectual property has also hit the agricultural sector.
Satellite imagery, communications intercepts and human intelligence proving Russia had plans to invade Ukraine was presented to U.S. officials in Oct. 2021. When briefed to NATO allies, some thought it was bogus.
As backlogs at U.S. ports and climbing shipping rates plague the supply chain, new data shows container shipping rates between the U.S and China are dropping by more than 50% in just a month.
Consumer and wholesale beef demand are currently at 30-year highs, and economists say there are currently limited signs of that demand slowing down, as beefed up demand is a story across the U.S. and around the world.
At least two ships loaded with sorghum have changed course while sailing across the Indian Ocean after China imposed a hefty tariff on U.S. supplies this week
U.S. President-elect Joe Biden has said that he will not immediately act to remove the Phase 1 trade agreement, which President Donald Trump inked with China, the New York Times reported on Wednesday.
“This is my plea, from a humble farmer in Ukraine to the people of the world: Please ask your governments to stop this reckless war, launched by that cruel and power-hungry authoritarian, Vladimir Putin.”
Have the Pacific Coast port bottleneck issues been resolved, or moved somewhere else? The East Coast may now be carrying the burden.
Putin said he now wants to renegotiate the U.N.-brokered Ukraine grain export deal, raising concerns the pact may not be able to last. Meanwhile, G7 countries mull over a $44 price cap on Russian oil.