The US economy dominates the global supply and financial market with its strong manufacturing ability and dollar acceptance worldwide. Its robust economy is driven by innovation, advanced technology, and vast resources. The dollar’s acceptance as the world’s reserve currency allows…
Recently, BRICS, a group of five countries, gathered in Russia’s Kazan region to discuss alternative financial mechanisms, economic cooperation, multilateralism, and global governance. This alliance emerged in the early 2000s to strengthen the power of developing nations and reduce reliance…
China’s metal market is a wide, significant and dynamic industry in the world. The more China produce the base metals, the double it consumes, leaving way for not only exports of these commodities but also inviting imports from other countries.…
3PL (third-party logistics) providers encompass outsourced logistics services that offer a varied range of obtaining and execution. 3PL refers to shipping or storing products for better supply chain management. With this same process, businesses can do stocking and shipping items…
As governments around the world are increasingly working on sustainability, the freight industry has been facing pressure to reduce its carbon footprint. However, many companies are not ready to invest in transitioning to green freight transport. What is green freight?…
How the global grain market will be in this winter of 2023? As corn carryout is less than 1 billion bushels, and soybeans are less than 250 million bushels. So will corn prices get over $8, and soybeans over $18?…
Banks are facing a risk that stricter environment, social and governance criteria could worsen the trade finance gap by cutting off access to financing for companies that need it most. It could hinder their expansion of sustainable trade finance offerings…
The United Kingdom is struck by its 40-year-high inflation rate with the rising living costs in the country. People are suffering the hit of rising prices due to this year’s UK inflation rate. Consumers in the UK are near to…
Amid Russia’s invasion of Ukraine, the United States of America, the United Kingdom, and the European Union have announced to restrict Russian crude oil and gas imports. However, still, they are dependent on Russian oil and gas as Russia is…
The Russian invasion of Ukraine has driven different investors worldwide anxious and leaving worried about the potential outcome of actions taken by Western nations on Russia. Three Western countries have come together forming an alliance to sort of punish Russia…
