US officials have called on China to take “concrete action” to meet its commitments under the “Phase 1” trade agreement Beijing has signed with the Trump administration. According to Reuters, US officials said that Washington is losing patience with Beijing, which in recent months “has shown no real signs” that it intends to close the […]
Tag: Trade
The US is preparing to present its economic strategy for the Asia-Pacific region
The Biden administration is preparing to unveil its first broad economic strategy for the Asia-Pacific region, a move expected by US allies and US business groups concerned about China’s growing influence in the region, according to a Wall Street Journal report. . With the Indo-Pacific Economic Framework (IPEF), the United States aims to work more […]
INEMY ESEE survey: 43% of businesses say the festive traffic is moderate
It is commonplace that the market has been operating under abnormal conditions for the last two years. The duration of the Covid-19 pandemic, as well as the recent extremely strong energy price hikes, have added new barriers at a time when retailers traditionally make much of their annual turnover. Therefore, the restoration of normalcy will […]
Greek companies: The turnover of 2021 is 2.7 billion higher than in 2019
A rapid recovery is recorded in the turnover of companies operating in the domestic economy as a whole, as shown by the Hellenic Statistical Authority. Specifically, according to ELSTAT data, the turnover of companies holding bibliographic books amounted to 215.4 billion euros in the first ten months of 2021, compared to 212.7 billion euros in […]
2021 worsens the textile crisis: the big ones are sustained thanks to the online sale but the small ones are dying
If part of the Spanish textile sector is weathering this pandemic without reaching ruin, it is because they had a strong online channel that has allowed them to save furniture. Inditex, which presents its annual results tomorrow, will end 2020 with benefits, but with a cut in it of 60%, according to analysts’ forecasts, while […]
Garamendi explodes: he says that it is “fascism” to encourage people to destroy the street and demands solidarity with the affected businesses
The president of the Spanish Confederation of Business Organizations (CEOE), Antonio Garamendi, has stated that it is “fascism” to encourage people to go out on the streets and destroy them, according to what he pointed out in an interview on Antena 3 after being asked about the altercations in different Spanish cities in protest against […]
Trade: Washington Returns to War on Aluminum
In the midst of an election campaign, Donald Trump is not losing sight of his trade war. His administration rekindled tensions on Friday by announcing that it would immediately impose additional tariffs on imports of aluminum alloy sheet from 18 countries, including Germany, Brazil, Spain, the ‘India or Italy. The two countries affected are Germany and Bahrain, the investigation of the […]
WTO: international trade is resisting the coronavirus crisis better than expected
The World Trade Organization forecasts only a 9.2% decline in international trade this year before rebounding 7.2% next year. The public support measures made it possible in particular to avoid a darker scenario. Global trade should avert catastrophe. “International value chains and global trade have proven to be resilient,” said Robert Koopman, chief economist of the World Trade […]
Joe Biden beats Bernie Sanders
Joe Biden will win the Michigan primary, NBC News projected Tuesday, in a crushing blow to his last serious Democratic presidential rival, Bernie Sanders. The former vice president continued a run of early success Tuesday as he tried to put distance between himself and the Vermont senator in his push for his party’s nomination. He […]
Coronavirus flight cancellations top 200,000, sending jet-fuel lower
A health worker sprays disinfectant inside a Vietnam Airlines airplane to protect from the recent coronavirus outbreak, at Noi Bai airport in Hanoi, Vietnam February 21, 2020. Kham | Reuters Airlines have canceled more than 200,000 flights as the coronavirus continues to spread, prompting travel restrictions and a sharp drop in demand for trips to […]