Markets nudged higher on Friday, after China eased its strict pandemic policies, which have roiled global supply chains. It built on the previous day’s surge, which investors said was driven […]
International Trade and World Market
Trending topics and news from the International Trade and World Market category
Back to news homeUS Economy Grew at 2.6% Annual Rate in Q3, GDP Report Shows
Gross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown. Read More
A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.
The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies. Read More
Bread Prices Skyrocket as Inflation Grips Europe
The elevated costs of flour, nuts, eggs and even electricity are forcing bakers to increase their prices and cut their production. Read More
China Is the Wild Card in the Energy War With Russia
Slower growth in China has braked the rise in world energy prices and Russian riches, but Beijing has also stepped up its purchases of Russian fossil fuels. Read More
A Strong Dollar Is Wreaking Havoc on Emerging Markets. A Debt Crisis Could Be Next.
The average household in Ghana is paying two-thirds more than it did last year for diesel, flour and other necessities. In Egypt, wheat is so expensive that the government has […]
Businesses Brace for Currency Chaos in Asia
Tigun Wibisana and Sandra Kok, who own a cafe in Malaysia, are facing an excruciating decision that could make or break their business of 14 years: Can they increase prices […]
Saudi Arabia and Russia May Find Their Oil Pricing Power Limited
“Not that big a deal,” said Rusty Braziel, executive chairman of RBN Energy, another Houston consulting firm. But, he added, “an OPEC Plus cut will definitely impact the market, just […]
OPEC Plus Considering Major Production Cut to Prop Up Oil Prices
OPEC Plus, the oil producers’ group, is considering announcing a major cut in production when it meets on Wednesday, according to a person familiar with the thinking of Saudi Arabia, […]
Even as Oil Prices Ease, U.S. Keeps Tapping Strategic Reserve
Since Russia’s invasion of Ukraine, President Biden has overseen the largest sale of oil from the Strategic Petroleum Reserve ever, to ease prices at the gasoline pump.Having released 160 million […]