Oil Tanker Halted By US Authorities In Transit From Russia To New Orleans

Oil Tanker Halted By US Authorities In Transit From Russia To New Orleans US authorities have stopped a tanker that was transporting oil and other fuel products from a Russian port to...

Analysis-Argentina's economic crisis whack-a-mole goes into overdrive

By Walter Bianchi BUENOS AIRES - Argentina's economic alarm bells are ringing loudly with fears of a global recession and spiraling inflation stoking investor fears over possible defaults, missed...

The housing market slowdown is showing up in shipping data from China

As the housing market slows amid higher mortgage rates, orders of home building construction materials such as lumber are down. Shippers also say shipments of appliances are declining, and there...

Biden aims at China in new illegal fishing policy framework

LISBON, Portugal (AP) — The Biden administration is stepping up efforts to combat illegal fishing by China, ordering federal agencies to better coordinate among themselves as well as with foreign...

The housing market slowdown is showing up in shipping data from China

Importers cut back on lumber, home appliances, and furniture orders from China as the impact of higher mortgage rates shows up in the supply chain.

Factbox-Global baby formula makers send products to restock U.S. shelves

- Global companies that make baby formula are bringing products into the United States after the country's health regulator relaxed its import policy to address a nationwide shortage partly...

European Union institutes mandatory gas storage ahead of possible Russian cuts

European Union countries agreed Monday that all natural gas storage in the 27-nation bloc should be topped up to at least 80% capacity for next winter as they prepare for the possibility of Russia...

EU countries adopt mandatory gas storage amid Russia's cuts

BRUSSELS (AP) — European Union countries agreed Monday that all natural gas storage in the 27-nation bloc should be topped up to at least 80% capacity for next winter as they prepare for the...

Buyers Scramble To Lock In Long Term LNG Contracts In 2022

Buyers Scramble To Lock In Long Term LNG Contracts In 2022 By Alex Kimani of Oilprice.com Demand for long-term LNG contracts has increased sharply in the current year, with suppliers...

The Link Between Soaring Food Prices & Political Instability

The Link Between Soaring Food Prices & Political Instability The Russian war in Ukraine has had immediate repercussions for global food markets given the countries’ role as major...

Summer Preview: Rolling Blackouts, Higher Gas Prices, Natural Gas Rationing In Europe And A Historic Diesel Crisis

Summer Preview: Rolling Blackouts, Higher Gas Prices, Natural Gas Rationing In Europe And A Historic Diesel Crisis Authored by Michael Snyder via The Economic Collapse blog, Almost...

U.S. Port Backups Are Extending Into Freight Rail Supply Chains

The congestion is raising costs and adding complications for importers managing the flow of goods in a fragile U.S. economy.

Inflation Makes Biden Look Bad. But Corporate America’s Pro-China, Anti-Tariff Push Bound To Fail

The White House keeps blaming Russia for inflation. But to lower it, they want to give China importers a helping hand.

EU leaders tackle inflation, energy shocks from Russia's war

BRUSSELS (AP) — A day after endorsing Ukraine's candidacy to join the European Union, the bloc's leaders turned their attention Friday to the severe economic turbulence looming over the coming...

Asian demand, rising costs squeeze Europe's LNG import plan

By Marwa Rashad LONDON -Europe's plan to get through a winter of difficult Russian gas supply with significant imports of liquefied natural gas (LNG) is at risk, with U.S. supply curtailed by a...

China-to-U.S. Shipping Rates Dodge Inflation

Freight costs are down by a third since the start of the year as some importers cut orders.

Here Comes More Supply Chain Chaos: US Ban On Xinjiang Imports Starts Today

Here Comes More Supply Chain Chaos: US Ban On Xinjiang Imports Starts Today Here comes new proof that the Biden administration's appetite for international economic warfare is as vast...

DHS unveils strategy to block goods made by forced labor in China

The Department of Homeland Security on Friday released its strategy to stop the importation of goods into the U.S. that have been made by forced labor in the Xinjiang province of China – where...

Factbox-Global baby formula makers send products to restock U.S. shelves

- Global companies that make baby formula are bringing products into the United States after the country's health regulator relaxed its import policy to address a nationwide shortage partly...

Russia again cuts natural gas exports to European countries

PRAGUE (AP) — Russia reduced natural gas to Europe again Friday, including cutting flows by half to Italy and Slovakia and completely to France, as countries have worked to ease their dependence...

Amid Ukraine's war, a farmer takes comfort from her snails

VERESNYA, Ukraine (AP) — The Ukrainian farmer was living a quiet life with the quietest of creatures: snails that she raises for export. Then, skies on the horizon turned flaming red. Russia had...

Russian truckmaker Kamaz struggles to settle payments due to sanctions, CEO says

- Kamaz, Russia's largest truckmaker, sees its exports stagnating at last year's levels or falling slightly as clients shy away from settling payments with the firm after it was hit by Western...

IEA Warns Oil Supply May Not Keep Pace With Demand Next Year

By Geoffrey Smith Investing.com -- Oil demand is likely to stay ahead of supply growth next year, the International Energy Agency warned on Wednesday, pointing to risks of prolonged disruptions...

Russia's war may deprive world of three Ukrainian wheat harvests

By Pavel Polityuk KYIV - Russia's invasion of Ukraine will create a global wheat shortage for at least three seasons by keeping much of the Ukrainian crop from markets, pushing prices to record...

Rouble nears three-week high vs euro, stocks down

- The Russian rouble firmed towards a three-week high against the euro in volatile trade on Tuesday but was steady against the U.S. dollar, while stock indexes inched lower in the absence of new...

Volcker And Inflation..

Volcker And Inflation... Via AdventuresInCapitalism.com, For my entire career, Paul Volcker has been deified. In fact, I cannot think of an unelected government official, since the...

Live updates

LOS ANGELES — President Joe Biden, speaking to donors at a Democratic fundraiser here, said Ukrainian President Volodymyr Zelenskyy “didn’t want to hear it” when U.S. intelligence gathered...

Russia's central bank cuts interest rates to prewar level

Russia's central bank cut interest rates back to their prewar levels Friday, saying inflation and economic activity were developing better than expected despite sweeping Western sanctions imposed...

Freeport LNG fire cuts key source of U.S. gas supply to Europe, Asia

By Marwa Rashad LONDON , is expected to delay cargoes to Europe, further stressing the continent's drive to phase out Russian gas. The outage at the plant, which provides around 20% of U.S. LNG...

Russia's war on Ukraine could shake up global trade blocs. Here are the winners and losers

Millions of tons of wheat from Ukraine, one of the world's biggest wheat exporters, have been stuck in the country. Russia's military forces have been blocking the Black Sea, where key Ukrainian...

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