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Global 2024 staple food supplies to be strained by dry weather, export curbs

High food prices in recent years have prompted farmers worldwide to plant more cereals and oilseeds, but consumers are set to face tighter supplies...

Shipping firms avoid Red Sea as Houthi attacks increase

Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas fighting...

Romania’s trade deficit narrows to 9.2% of GDP

Romania’s trade deficit for goods contracted by 12.2% y/y to €28.9bn (9.2% of GDP) in the 12 months to October 2023, as imports edged...

China rejects EU’s trade deficit complaint

Beijing has rebuffed a complaint by European Commission President Ursula von der Leyen over the EU's trade deficit against China, a day before her...

EU, Australia fail to agree on trade deal

Meeting at the margins of the G7 meeting in Osaka on Sunday, EU and Australian trade representatives failed to conclude negotiations on a free...

Prospects dim for US-EU summit deals on trade, with focus on Mideast, Ukraine

Prospects dimmed on Thursday for agreements ending long-running disputes between the United States and European Union over Trump-era tariffs and U.S. green subsidies after...

EU’s Borrell warns China ‘de-risking’ may speed up if imbalances persist

The European Union's foreign policy chief, Josep Borrell, urged China on Friday to redress economic and trade imbalances or efforts by Europe to reduce...

EU and US seek steel deal that may include tariffs on China exports

The European Union is working on an interim deal with the US that would introduce new tariffs aimed at excess steel production from China...

Euro zone swings to trade surplus y/y in July

The euro zone swung to an unadjusted 6.5 billion euro trade surplus in July from a 36.3 billion euro deficit a year earlier as...

Romania to clear 30 ships from Ukrainian river ports by Friday

Romania said on Thursday it will clear customs for up to 30 ships waiting to enter Romania from Ukrainian ports on the Danube River...
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