Global trade
Iraq delays July public salaries as Strait of Hormuz blockade guts oil revenue
Iraq’s oil exports plunged from 100 million barrels in February to around 32 million in May and June, according to figures shown to The National by the country’s Oil Ministry.
'Point of no return': Belgium becomes fourth European country to ban imports from West Bank
Trump warns US can wipe out Iran's power grid in 'small part of an afternoon' if deal not reached
Middle East reroutes its energy networks as region navigates shifting sands - analysis
The day after and Israel's path to reclaiming its global standing - opinion
While the challenges ahead are substantial, Israel should leverage the “day after” and take these first steps toward restoring its global standing.
Japan pauses rate hikes; gold surges across the globe
Gold surges 2% denominated in Japanese yen; global prices rise about 1% on Friday
As the West clamps down, Chinese cars flood Israel
Israeli car market will see new players enter the supply chain.
World Bank says global growth stabilizing but well below pre-pandemic levels
Increasing trade restrictions driven by geopolitical rivalries also could hamper the recovery of global trade volume growth, which was barely perceptible last year at about 0.1%.
Turks and Israelis lose out over trade ban - analysis
Analysts attribute Erdoğan’s decision to halt trade with Israel to poor results for his party in local Turkish elections last month.
Aluminum diplomacy: Israel turning from Turkey to Bosnia for trade imports?
Israeli CEO of Bosnian company Aluminij reveals increased exports to Israel amid Israel-Hamas war.
Yemen's Houthis say they launched missiles, drones at two Israeli vessels
The Houthis have continued to disrupt global shipping through the Suez Canal, forcing shipping firms to re-route longer and more expensive journeys, and impacting global trade.
Turkey and Gulf states to launch talks for free trade pact
After years of tension, Turkey launched a diplomatic charm offensive in 2020 to mend ties with Gulf countries, namely the United Arab Emirates (UAE) and Saudi Arabia.
Britain's tea supply facing disruption from Red Sea crisis
The alternative shipping route around South Africa's Cape of Good Hope can add 10-14 days to a journey compared to passage via the Red Sea and Suez Canal.
Taiwan president says ties with China must be decided by will of the people
Taiwan's president says China must respect the outcome of its election, having repeatedly warned China is trying to interfere in the election.
