On Friday, China and Brazil pledged to cooperate in the fight against deforestation and illegal trade that results in forest loss. During a visit to China, Brazil’s President Lula da Silva met with his Chinese counterpart Xi Jinping, announcing their collaboration to control the ongoing issue of illegal deforestation. China is Brazil’s largest trading partner … Read more
Understanding the Liposomal Form of Doxorubicin and Its Benefits Liposomal doxorubicin is a chemotherapy drug that is designed to be more effective and less toxic than traditional forms of the drug. This innovative treatment is used to treat several types of cancer, including breast cancer, ovarian cancer, and multiple myeloma. The liposomal form of doxorubicin … Read more
Understanding the Relationship between Two Key Commodities Sugar and petroleum prices are two of the most important factors affecting the global economy. Their prices have a significant impact on various industries and can drive inflation in many countries. However, the prices of these two commodities are closely interdependent, and the global market often witnesses a … Read more
The UAE Government’s National Agenda for Re-Export Development 2030 The United Arab Emirates (UAE) is making bold moves to double its re-exports, a plan expected to significantly boost the industry’s contribution to the country’s gross domestic product (GDP). The government’s National Agenda for Re-Export Development 2030 includes 24 initiatives and programs aimed at doubling re-exports … Read more
Closing a Tax Loophole Brazil’s government has taken a significant step in its efforts to target purchases from global retail giants, particularly Asian e-commerce behemoths, by announcing the end of a tax exemption on international orders worth up to $50. This move comes as the country’s revenue service aims to clamp down on fraudulent practices … Read more
The Unforeseen Benefits of Global Trade Network Fracturing In the past, we have discussed three essential domestic characteristics supporting U.S. economic growth: strong household balance sheets, robust corporate balance sheets, and positive demographic trends. This article introduces a fourth pillar: the fracturing of global trade networks. Background: The Development and Decline of Global Trade Networks … Read more
Soaring debt, interest rate hikes, and food prices threaten the future of developing nations as they grapple with a potential economic downturn A Looming Economic Downturn for Developing Countries The United Nations Trade and Development Conference (UNCTAD) has issued a stark warning for developing countries, highlighting the risk of another lost decade due to the … Read more
The ongoing conflict in Ukraine and the subsequent sanctions imposed by the EU and its partners have led to a dramatic shift in Russia’s trade relations with the EU and the rest of the world. Prior to the war, Russia was an essential trade partner for the euro area, supplying around a quarter of EU … Read more
The Importance of Economic Diversification and Prospects for Iraq’s Oil Industry Iraq’s oil and gas industry has faced challenges this year, with an export pipeline closure in the north and ongoing conflict in the Kurdistan region. The country’s reliance on oil revenues has led to economic instability and highlights the need for diversification. However, new … Read more
Iraq has filed a petition in a US federal court seeking enforcement of an arbitration award against Turkey related to Iraqi oil exports. This development stems from a dispute between Iraq and Turkey over oil exports facilitated by the Kurdish Regional Government (KRG) without Baghdad’s consent. The case highlights the complexities of regional politics and … Read more