Tag: World trade
Biden wants to suspend trade relations with Russia
new York The US is increasing economic pressure on Russia over the war in Ukraine. As US President Joe Biden announced on Friday, the US wants to suspend normal trade…
Biden wants to suspend trade relations with Russia
Joe Biden “The United States and our allies and partners continue to work closely together to increase economic pressure on Putin and further isolate Russia on the world stage.” (Photo:…
Effects of the Ukraine War on the World Economy
Markus Brunnermeier The economist is the winner of this year’s German Business Book Prize. (Photo: Bloomberg) According to Princeton economist Markus Brunnermeier, the world economy will change permanently as a…
Europe is facing major problems
North Stream 1 After Western sanctions, Europe could face a difficult short-term energy crisis if Russia cuts off gas and oil supplies in retaliation. (Photo: dpa) Even during the pandemic,…
Public Private Partnership against war and for democracy
In Germany, companies are working with citizens to provide humanitarian aid for the refugees from Ukraine. Dozens of international corporations have also withdrawn from Russia out of solidarity with the…
The Black Sea is becoming the bottleneck for the global economy
Istanbul Those who are currently in Istanbul can watch merchant ships sailing through the strait towards the Black Sea on the Bosphorus. But it doesn’t take long before they meet…
Edeka boss tightens the tone in the price negotiations
Dusseldorf Almost every food manufacturer is currently complaining about increased logistics costs. The freight capacities are scarce and expensive, the delivery costs have risen in double digits. This is one…
China escalates trade dispute with Lithuania over Taiwan
China China has stopped further Lithuanian goods from being imported. (Photo: dpa) Beijing/Taipei Against the background of the diplomatic dispute with Lithuania over the status of Taiwan, China has further…
USA and Japan settle dispute over steel and aluminum tariffs for the time being
Japan Japanese steel manufacturers can breathe a sigh of relief. The punitive tariffs of the USA do not apply. (Photo: dpa) Washington The United States and Japan have settled their…
Continued traffic jams in container shipping
Container port in Shanghai In terms of trade in goods, the omicron wave has so far primarily posed a threat to China. (Photo: dpa) Berlin Traffic jams on international container…
Despite Omikron, world trade exceeds pre-crisis level
Container port in Shanghai In terms of trade in goods, the omicron wave has so far primarily posed a threat to China. (Photo: dpa) Berlin According to the IfW Institute,…
Globalization at the end? Five facts prove the opposite
Berlin For months, companies have been suffering from a lack of material, whether microchips, raw materials or fuel. Economics Minister Robert Habeck (Greens) called the bottlenecks onto the scene. With…
Beijing gambled on Lithuania
Xi Jinping The Chinese President rigorously enforces his country’s interests. (Photo: AP) From Beijing’s point of view, Lithuania’s decision to call Taiwan’s representative office in the Baltic state the same…
EU seeks WTO case against China
Brussels In the dispute over the Chinese economic blockade against Lithuania, the European Union launched a counterattack. Due to China’s “discriminatory trade practices”, the EU has initiated proceedings against the…
EU seeks WTO case against China
Brussels In the dispute over the Chinese economic blockade against Lithuania, the European Union launched a counterattack. Due to China’s “discriminatory trade practices”, the EU has initiated proceedings against the…
Sigmar Gabriel and Rudolf Scharping: EU offside
At the beginning of this year, the world’s largest free trade zone, the Regional Comprehensive Economic Partnership (RCEP), came into force. This may sound unwieldy, but the new facts present…
China’s response to Omicron threatens international trade
Berlin, Beijing An opaque fence several meters high, barbed wire, security forces, a police car – when you see the Kunlun Hotel in the heart of Beijing, you might think…
China’s response to Omicron threatens international trade
Berlin, Beijing An opaque fence several meters high, barbed wire, security forces, a police car – when you see the Kunlun Hotel in the heart of Beijing, you might think…
Xi Jinping promises reforms, but China closes itself off
World Economic Forum Xi said nothing about the problems faced by many companies in China. (Photo: AP) Berlin The contrast could hardly be stronger: China’s President Xi Jinping called for…
EU foreign ministers discuss reaction
Annalena Baerbock and Jean-Yves Le Drian The Federal Foreign Minister and her French counterpart confer at the EU Foreign Ministers’ Meeting in Brest. (Photo: imago images / photothek) Berlin, Brussels,…