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Global Trade & Economics: Page 3

U.K. Approves Controversial North Sea Drilling Project
Jackdaw is expected to meet roughly 6% of the U.K.’s gas needs over its 10-year lifetime, with the capacity to power the equivalent of 1.4 million homes.
Photo: iStock/piola666
EU Sets Arctic Agenda for Shipping, Security and Climate
The bloc plans to grow its icebreaker vessel capacity, and strengthen its Arctic satellite monitoring and data sharing to improve climate predictions and boost maritime security.
Photo: iStock.com/lyash01
Lockheed Martin to Invest $300M to Expand U.S. Missile Production
The money will go toward Lockheed's Grand Prairie production facility in Texas, to add 100,000 square feet of new manufacturing space and 85,000 square feet of office space.
Photo: iStock/JHVEPhoto
Fresh Legal Challenge to Trump’s Canada Tariffs
The lawsuit argues the White House exceeded its authority in imposing the tariffs and caused immediate "harm to American businesses."
Photo: iStock/FotografiaBasica
German Rail Struggles With Rhine Diversions
While rail is handling a substantial share of displaced volumes, due to the ongoing rail construction in Germany, rail cannot replace the Rhine one to one yet.
The Rhine River on July 15. Photographer: Andreas Rentz/Getty Images
Solar Supply Glut Cuts EU Green Energy Import Costs
The International Energy Agency linked falling solar panel prices to a supply glut in China, which supplied more than 98% of EU solar panel imports last year.
Large Production Line with Industrial Robot Arms at Modern Bright Factory. Solar Panels are being Assembled on Conveyor. Automated Manufacturing Facility
Trump Announces More Financial Aid for Farmers
This is the second time in two years that the president authorized billions of dollars in bailout money for farmers harmed by rising fuel prices caused by the U.S.-Israel war on Iran.
Photo: iStock / Lightguard
U.S. Allows Dark-Fleet Oil Tankers to Shed Sanctions, Wright Says
Investors are proposing to buy idled sanctioned tankers, refurbish them and use them to transport non-sanctioned oil.
Photo: Bloomberg
U.S. Trucking Industry Flags Rising Diesel Prices as Top Concern
Diesel prices rose to the top spot from the 17th most prominent issue last year, with truck drivers included in the survey flagging it as their chief concern for the first time ever.
Photo: iStock/vitpho
Exports Fuel 4.5% Boost to China's GDP in Q3
China's GDP also expanded by 4.6% in the first nine months of the year, putting it on track for its full-year target of 4.5%-5%.
Photo: iStock/Fahroni
The Mineral that Could Loosen China’s Rare Earth Supply Stranglehold
Monazite is found in Brazil, India, Australia, South Africa and the U.S., among other locations.
Photo: iStock/Reload_Studio
Toyota Commits to Making Cars in Canada as U.S. Rivals Downsize
Heightened trade tensions between the U.S. and Canada have exacerbated a longer-term decline in Canadian vehicle production due in part to labor and other fixed costs.
A Toyota Lexus NX. Photo: iStock/Tramino
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