The European Union recorded a €21.8 billion trade deficit during the second quarter of 2026, marking the bloc’s first negative balance since the middle of 2023, according to Eurostat. Goods imported from non-EU nations reached €701.8 billion, easily outpacing exports of €680.0 billion during the three-month period. The shift represents the first trade deficit registered...Read More
Chairperson of Egypt’s General Organization for Export and Import Control (GOEIC), Essam El-Naggar, inaugurated the 86th edition of Nelly Kids Fashion 2026, a specialised exhibition for children’s clothing and accessories, with around 300 factories participating and export contracts worth more than $50m targeted during and after the event. The exhibition is held under the patronage...Read More
The fuel shortage is exposing a pressure point in Russia’s military logistics, with unusual maritime routes now carrying a crucial aviation supply. Systematic strikes by Ukraine’s Defense Forces on Russian oil refining facilities have significantly reduced aviation kerosene production in Russia. Due to a shortage of its own reserves, the aggressor state has temporarily halted...Read More
BYD released its interim report for 2026 on August 28, revealing a decline in both top-line revenue and net profit for the first half of the year, contrasted by a massive surge in overseas shipments. For the first half of 2026, the company recorded operating revenue of approximately 344.815 billion yuan (50.6 billion USD), a...Read More
Donald Trump has pledged to allow cattle ranchers and farmers to process their own food amid a backlash from the US agricultural sector over his decision to pause US tariffs on foreign beef. The US president has been sharply criticized, including from members of his own party, since announcing the US will temporarily import up...Read More
Adani Group-operated Mumbai International Airport (MIAL) will begin partial demolition of the north section of Terminal one-B at Chatrapati Shivaji Maharaj International Airport from 15 January 2027, according to a letter to the civil aviation ministry. The operator has begun redistributing air traffic to Terminal two and to Navi Mumbai International Airport to facilitate the...Read More
John Newton, Ph.D. Vice President of Public Policy and Economic Analysis Key Takeaways Today’s beef price challenges are a supply problem years in the making. Record ground beef prices are the result of the lowest beef cow inventory since 1971, driven by drought-forced liquidation and production costs that have jumped nearly 30% since 2020 —...Read More
JAKARTA, Aug 14 — Indonesian President Prabowo Subianto has said that the new state export firm will monitor key commodity shipments and that its role will be expanded, but it will not take over control of exports. He used his second Independence Day speech to highlight his plan to secure more revenue from the nation’s...Read More
Introduction Nigeria’s pharmaceutical story was once little more than a shopping list: imported medicines, imported active pharmaceutical ingredients, imported machinery and, finally, a national argument about price. That model is beginning to change. The more difficult question is whether the current momentum is strong enough to turn Nigeria from a large consumer market into a...Read More
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