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Month: March 2022

Category:
  • Egypt

Egypt Wheat Imports May Fall to 9-Year Low as War Disrupts Trade

Biden: Expect ‘Real’ Food Shortages Due to Ukraine War Egypt, the world’s biggest wheat buyer, is cutting back on purchases as two of its largest suppliers are embroiled in a Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • Iraq
  • USA

Iraq gets renewed 120-day U.S. waiver for Iranian energy imports

The U.S. has granted Iraq another 120-day sanctions waiver enabling continued cross-border imports of energy from Iran without triggering penalties, as efforts intensify to revive the 2015 nuclear deal that Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Akwa Ibom Govt Sues ExxonMobil Over Attempt to Sell Assets Without Consent

Akwa Ibom State government has dragged ExxonMobil to court over an attempt to sell off some of its assets without informing it as a critical partner about the intention to Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • Venezuela

Russian oil firm shuffles Venezuela assets as sanctions bite

A Russian oil company used to provide a workaround to U.S. oil trading sanctions on Venezuela is scrambling to avoid another set of sanctions, documents show, this time from Europe Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • China
  • coronavirus

In China’s Wall Street, bankers and traders sleep in offices to beat Shanghai COVID lockdown

More than 20,000 bankers, traders, and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they bid to keep China’s giant financial hub ticking over through Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • Japan
  • Russia

Japan to ban Russia-bound exports of luxury cars, goods from April 5

 Japan will ban the export of high-end cars and other luxury goods to Russia in its latest response to the Russian invasion of Ukraine, the trade ministry said on Tuesday. Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • China
  • Shipping

Maersk warns Shanghai city lockdown to boost transport costs further

Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China’s intensifying efforts to fight the spread of COVID-19 further rattle global supply Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • China

Shanghai Covid-19 Lockdown Poses Fresh Test to Supply Chains

A lockdown in Shanghai marks another potential setback for China’s export machine, reigniting concerns over the risk of renewed disruption to global supply chains pummeled by the pandemic and war Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • Russia
  • USA

Russian supply chains next in line for sanctions – U.S. Treasury’s Adeyemo

The United States and its allies plan new sanctions on more sectors of Russia’s economy that are critical to sustaining its invasion of Ukraine, including supply chains, Deputy U.S. Treasury Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

Severe weather to sweep through Plains, South, Mid-Atlantic midweek

After nearly a week of quiet following an outbreak of severe weather that tore through the Interstate 35 corridor in Texas and dropped a deadly EF3 tornado in downtown New Orleans, Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple

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