Blog/World Trade
The World’s Busiest Shipping Port is Closed
Shanghai went under a full lockdown at the end of March under China’s zero-COVID tolerance policy. When cases allegedly rose, China extended the lockdown [...]
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An Easier Solution for Rupee-Ruble Payments
India imported $3.3 billion in goods to Russia in 2021, and the finance ministry has no plans to slow that source of revenue. India has not placed sanctions on [...]
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Trump Warned NATO of Europe’s Reliance on Russian Energy
Everyone criticized Trump for condemning his NATO allies in 2018. At the time, only five nations were meeting their 2% GDP spending requirement on NATO defense, [...]
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Removing Russia from SWIFT – The Nuclear Option
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is employed by over 11,000 institutions across 200 countries and serves as the messaging [...]
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China’s President Xi Begs the Fed Not to Ease Rates
Chinese President Xi Jinping has a request for Federal Reserve Chairman Jerome Powell — do not raise interest rates. “If major economies slam on the brakes or [...]
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Destroying the Supply Chain One Mandate at a Time
The Canada Border Services Agency (CBSA) initially announced that it was eliminating vaccine requirements for truck drivers amid a severe supply and labor shortage. [...]
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Another Domino Falls – Canada Eliminates Trucker Vaccine Mandate
The Canada Border Services Agency (CBSA) announced that unvaccinated truckers are allowed to cross the United States border. Trucking lobbyists had put heavy [...]
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Easing the Semiconductor Shortage Through Domestic Manufacturing
As Biden said, the current crisis will end at the state level. Well, luckily Governor Ron DeSantis is continuing to support his promise to improve the economy with [...]
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Container Dwelling Fee Moratorium Ends Today
The Ports of Los Angeles and Long Beach, the two most active ports in the US, will resume container dwelling fees as of today. The moratorium went into effect on [...]
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US Trade Deficit Widens 17.5% in November
The US Trade deficit widened 17.5% in November, setting a new record. According to the US Commerce Department, the trade gap in goods increased from $83.2 billion [...]
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