The USA has announced new sanctions on Russia, due to the Russia-Ukraine war. The new sanctions imposed on Russia cease to target major industries of Russia such as industrial, technological, and manufacturing. The implementation of the previous sanctions and bans, however, are creating ripple effects in the global prices of oil/gas and by default, causing […]
The caps and closures market consists of vast varieties that serve the same purpose for different industries yet in different ways. The caps and closures market consists of the medical & healthcare, food and beverages, cosmetic, and other industries. With different industries, the materials also change. Some different varieties of closures are stoppers (or pouring […]
Solar panels or photovoltaic cells are increasingly finding their way into the mainstream energy generation methodologies. Solar cell trade between countries is increasingly growing and countries such as the US, China, and India are making headlong progress, inviting headlines. Imports and exports of solar cells increased in 2022 in a few countries compared to 2020. […]
USA’s wine exports skyrocketed in 2021 as compared to the trade figures of 2020 for the US wine. The values of 2021 surpassed the lower expectations since post-COVID had lower chances of a luxury item like wine to surge in 2021 or any near time. The USA wine industry is an industry worth more than […]
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 the brink of losing control over their household finances. The UK officials are worried about […]
Filled not only with an abundance of products but also opportunities, the growth of the cosmetic industry is exponential, and it is increasing gradually too. The cosmetic industry of Bangladesh is in a rising state, and it is not only growing in the usage of beauty products but also increasing in the local manufacturing. Bangladesh’s […]
Spices are the most ancient form of food commodities in the world, introduced by Asian nations such as India and China, and traded by Arab nations such as Saudi Arabia and Egypt, in the medieval period. The history of spices goes a long way back to human civilization’s growing age, especially expanding their horizon to […]
US broiler meat market is the largest meat market, which produces around 500-600 million chickens and 300-400 million Turkeys. USA’s poultry production outperforms the poultry industry by producing over 17% of global poultry meat and near about 7-10% of global production of eggs. After Brazil (3,875 thousand metric tons), the USA market has the largest […]
Russia’s energy exports are increasingly getting sanctioned by the Western nations and different countries, which are likely to cut or alter the bilateral trade with Russia. This is in the aftermath of Russia’s invasion of Ukraine, which started a few weeks ago. The three western nations—the USA, UK, and EU are closely working together to drain and put a strain on the war chest of Russia by putting sanctions and bans on certain commodities. Recently, a number of lifestyle-related final product exports to Russia are also banned. Russia Imports, 2021 Russia waged a war with Ukraine […]
G7 countries in a recent announcement have pleaded with all the member countries to not restrict or limit their food exports in order to self-sustain or battle out with other countries amid the Russia-Ukraine war. Shipments from Russia and Ukraine are halted due to the war. G7 countries consist of Canada, France, Germany, Italy, Japan, […]
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