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Global Trade & Economics: Page 215

Oil Tankers Queue up off Turkey as Price Cap on Russian Crude Begins
The tanker buildup is the first sign of the impact of the cap on the international oil market, which has been upended by the war in Ukraine.
An oil tanker in the Bosphorus. Photo: iStock.com/yunlutas
Tesla Plans to Cut Output of EVs at Shanghai Factory
The trimming marks the first time Elon Musk’s EV maker has voluntarily reduced production at its Shanghai plant.
Photo: Bloomberg
Six Logistics Trends to Watch for in 2023
The transportation and logistics industry faces new challenges and an uncertain economy in the coming year. Following are six trends we can expect to see in 2023.
Photo: iStock.com/asbe
U.S. Adds 263,000 Jobs in November as Unemployment Rate Stays at 3.7%
The latest figures show hiring has remained resilient despite rising interest rates and the announcement of a series of layoffs at technology and real estate companies.
Photo: iStock.com/hapabapa
Apple to Move Production Out of China
The company is acting after turmoil at its biggest iPhone manufacturing site, a Foxconn facility in Zhengzhou, China.
Apple Office Old
EU Agrees to Set $60 Price Cap Level for Russian Oil Exports
Diplomats have been under pressure to nail down the cap plan before EU sanctions on seaborne Russian oil kick in December 5.
Russia Oil Derricks Bloomberg
Ships Linked to Russia’s Biggest Grain Exporter Moved Stolen Ukrainian Cargo
The smuggling process builds on operations in Russian-occupied Ukraine, where trucks have moved stolen grain through a clandestine system to Crimea.
Sevastopol. Photo: iStock.com/Vladimir Zapletin
Cooling Demand Squeezes Factory Activity in Europe and Asia
Manufacturing had just started to recover from pandemic-related lockdowns and supply-chain disruptions, making the global slowdown a rising concern.

Photo: iStock.com/peshkov
Biden Proposes Overhaul of U.S. Biofuel Law to Boost EV Makers Like Tesla
An Environmental Protection Agency proposal released December 1 invites public feedback on an array of changes to the Renewable Fuel Standard.
Photo: Bloomberg
Podcast | Can Mexico Replace China as a Manufacturing Powerhouse?
China is losing its luster as a low-cost source of manufacturing. Is Mexico an alternative?
Photo: iStock.com/Oleksii Liskonih
Some Retailers Are Learning to Love Bulked-Up Inventories
Upbeat comments from retailers including Dick’s Sporting Goods and Walmart signal that strains in supply chains have eased.
Photo: iStock.com/Drazen Zigic
China’s Air Traffic Is Shrinking Again as Covid Tumult Grows
China used to be the world’s busiest domestic aviation market, handling about 14,000 flights a day. That number had dropped to about 2,800 on November 28.
Photo: Bloomberg
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