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Global automakers feel the effect of supply chain shortages Special

The global supply chain for automobile parts has been rocky of late, and the reasons run deeper than simply coronavirus related issues. Most car manufacturers have now signalled a production slowdown.

Salvage op delayed for Dutch cargo ship adrift in Norwegian Sea

Oslo - A Dutch cargo ship which has been adrift in rough seas off Norway for two days following a dramatic rescue of its crew cannot be towed to calmer waters until Thursday due to continuing poor weather, maritime authorities said.

US not yet ready to lift tariffs on China: trade rep Tai

Washington - President Joe Biden's new trade negotiator has said the United States is not yet ready to lift tariffs on Chinese imports, but could be open to talks with Beijing.

EU launches lawsuits against UK over Irish border

Apo - The EU launched legal proceedings against Britain on Monday, alleging that London had broken the protocol of its Brexit divorce agreement covering Ireland.

Swiss voters narrowly back 'burqa ban'

Geneva - Swiss voters on Sunday narrowly backed a ban on full face coverings in public places -- a decision hailed by supporters as a bulwark against radical Islam but branded as discriminatory by opponents.Official results showed that 51.

Swiss vote on 'burqa ban'

Geneva - Switzerland was voting Sunday on whether to ban full facial coverings in public places, despite women in Islamic full-face veils being an exceptionally rare sight in Swiss streets.

OPEC, allies eye output decision at key meeting

London - The OPEC group of oil producers and its allies meet Thursday with all eyes on whether powerhouses Russia and Saudi Arabia can agree on output levels following a rebound in demand and prices.

OPEC, allies eye output decision at key meeting

London - The OPEC group of oil producers and its allies meet Thursday with all eyes on whether powerhouses Russia and Saudi Arabia can agree on output levels following a rebound in demand and prices.

OPEC, allies eye output decision at key meeting

London - The OPEC group of oil producers and its allies meet Thursday with all eyes on whether powerhouses Russia and Saudi Arabia can agree on output levels following a rebound in demand and prices.

OPEC+ set to boost oil output as demand, prices rebound

London - Members of the OPEC group of oil producers and allies are expected to raise output in a meeting Thursday, in response to a rebound in demand and prices.

OPEC+ set to boost oil output as demand, prices rebound

London - Members of the OPEC group of oil producers and allies are expected to raise output in a meeting Thursday, in response to a rebound in demand and prices.

OPEC+ set to boost oil output as demand, prices rebound

London - Members of the OPEC group of oil producers and allies are expected to raise output in a meeting Thursday, in response to a rebound in demand and prices.

EU warns UK over delayed N.Ireland food checks

Apo - A new cross-Channel row erupted Wednesday as Britain threatened to break the terms of the Brexit withdrawal treaty by unilaterally delaying checks on food going to Northern Ireland.

Hope for new momentum as Ngozi takes WTO reins

Geneva - Ngozi Okonjo-Iweala took the reins of the World Trade Organization Monday with a daunting to-do list, not least tackling the global economic crisis sparked by the pandemic.

Biden trade pick will seek end to Boeing-Airbus dispute

Washington - President Joe Biden's pick to be the top US trade negotiator said Thursday she will seek to find a solution to the costly, longstanding fight over subsidies for Boeing and Airbus.

New WTO chief's pile of problems

Geneva - The coronavirus pandemic, log-jammed trade talks and a long-delayed meeting of member states are just a few of the crises awaiting Ngozi Okonjo-Iweala as she takes the helm of the World Trade Organization next month.

WTO needs to show results on economic crisis, vaccines: Okonjo-Iweala

Washington - Nigeria's Ngozi Okonjo-Iweala, newly selected head of the World Trade Organization (WTO), said Tuesday she will push for concrete results in addressing the dual economic and health crises facing the globe.

Nigeria's Okonjo-Iweala set to be first woman named WTO boss

Geneva - Nigeria's Ngozi Okonjo-Iweala looks set to be confirmed Monday as the first woman and first African leader of the beleaguered World Trade Organization, a near-paralysed institution desperately needing a kick-start.

Sri Lanka import ban takes the spice out of life

Colombo - An import ban in cash-strapped Sri Lanka is leaving a bad taste in the mouths of its curry lovers, depriving them of vital turmeric supplies and encouraging budding smugglers to take their chances with the spice.

US sticks by tariffs in Boeing-Airbus trade dispute

Washington - President Joe Biden's administration said Thursday it will maintain punitive tariffs on some European imports as part the long-running trade dispute between Boeing and Airbus.

Chip shortage puts the brakes on automakers

Paris - A shortage of silicon chips is forcing automakers to cut back on production across the globe and may encourage efforts to cut reliance on Asian suppliers.

Brexit and Covid slash UK exports to EU: report

London - Brexit and coronavirus have slashed the volume of surface freight leaving Britain for the European Union by 68 percent from last January, according to figures published in The Observer on Sunday.

Path clears for Nigeria's Okonjo-Iweala as first woman WTO chief

Geneva - US President Joe Biden's administration on Friday offered its "strong support" to Nigeria's Ngozi Okonjo-Iweala to lead the World Trade Organisation (WTO), clearing a path for her to become the body's first female and first African leader.

South Korean trade minister drops out of WTO race: govt

Seoul - South Korean trade minister Yoo Myung-hee on Friday abandoned her bid to become head of the World Trade Organization, Seoul said, clearing the way for Nigeria's Ngozi Okonjo-Iweala to become the global body's first woman and first African director-gene...

Taiwan condemns 'evil' China after Guyana scraps trade office

Taipei - Taiwan on Friday accused Beijing of pressuring Guyana into terminating a deal with the island to set up a trade office, saying it highlighted the Chinese government's "evil nature".

Taiwan opens 'milestone' trade office in Guyana

Taipei - Taiwan has set up a trade office in Guyana, officials announced on Thursday, a step the United States called a "milestone" as the island tries to push back against China's campaign to keep it isolated.

UK PM blames EU after safety fears prompt N.Ireland to halt post-Brexit checks

Larne - Britain on Tuesday condemned threats to port workers implementing controversial post-Brexit trade checks in Northern Ireland, calling for clear heads to ease fears of an upsurge in sectarian tensions but pointing blame at the European Union.

UK fashion leaders warn of 'decimation' from Brexit

London - Britain's fashion industry is "at real risk of decimation" by the post-Brexit trade deal with the European Union and current government policy, a leading forum warned on Monday.

Britain to apply to join Asia-Pacific free trade bloc

London - Britain will apply to join a massive 11-nation free-trade bloc of Asia-Pacific countries, it announced Saturday, weeks after leaving the European single market with its departure from the EU.

Hundreds protest Amazon expansion in France

Th - Hundreds rallied in several French towns on Saturday in protests against Amazon called by anti-capitalist and environmental groups, including at one site where the US e-commerce giant plans a massive warehouse.
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Some of the hundreds of Malagasy tortises sezied in Malaysia in July 2010.
Some of the hundreds of Malagasy tortises sezied in Malaysia in July 2010.
TRAFFIC
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Sino Persian trade relations
President Barack Obama talks with Chinese President Hu Jintao following their bilateral meeting at t...
President Barack Obama talks with Chinese President Hu Jintao following their bilateral meeting at the G20 Summit in Toronto, Canada
White House Photo by Pete Souza
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Trade routes between Asia and Alaska
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The new free trade area in Africa will create a market with a population of 625 mn and gross domestic product of more than $1 tn
Roberto Schmidt, AFP
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Varieties of soybeans (Glycine max).
USDA Image Number K5267-7 - Scott Bauer
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Cape Espenberg
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A man hawks coffee beans on a wooden bike in a stadium in Kampala, Uganda on September 20, 2010.
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The Silk Road extending from southern Europe through Egypt, Somalia, the Arabian Peninsula, Iran, Central Asia, Pakistan, India, Java-Indonesia, and Vietnam til it reaches China. Land routes are red, water routes are blue. The Black Death originated in China and spread by way of the Silk Road. It reduced the world's population from an estimated 450 million to between 350 and 375 million in 1400.
Wikimedia Commons
The World Trade Organization (WTO) is the only global international organization dealing with the ru...
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
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Demetrios Marantis, US Deputy Trade Representative, speaks at the US-Africa Trade Press Conference held at the World Economic Forum on Africa 2009 in Cape Town, South Africa
World Economic Forum
Premier Wynne talks with Senator Gary Peters about trade policy.
Premier Wynne talks with Senator Gary Peters about trade policy.
Premier Kathleen Wynne
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Detroit Pistons power forward Greg Monroe (10) drives to the basket during the third quarter against the New Orleans Pelicans at The Palace of Auburn Hills. New Orleans won 103-101. Jan. 24, 2014
With permission by Reuters / Tim Fuller-USA Today

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