Global trade
China issues sweeping new controls of overseas trade, counter sanctions with new restrictions
The rules, published by the State Council, will take effect from July 1. One of the most significant articles requires authorization for exports of restricted Chinese goods, technologies, and data.
Elbit Systems secures $1.4b. European defense contract as backlog passes $30b.
Modi-Meloni meeting puts Italy at center of India’s Europe strategy
Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order
Israeli company launches AI solution for maritime shipping
Windward’s new solution enables freight forwarders to improve efficiency and scalability with automated data collection and analysis, improving efficiency in maritime freight.
China passes US as Israel’s largest source of imports in 2021
Last year, Israel imported $10.7 billion in goods from China, compared with $7.7 billion in 2020 and $8.2 Billion from the United States.
A new path for the world economy - opinion
Economies need to be much more local and regional; the economic model of cheap goods made in Asia to be sold in the Walmarts of America is already anachronistic.
Israeli exports expected to top record $120b. in 2021
Two-third drop in export of tourism services blamed for most of 2020’s decline.
Live Now: Does Globalization bring world closer together or farther apart?
Boris Mints Institute webinar addressing the challenges of Globalization
Coronavirus has changed globalization’s trajectory - comment
On March 16, Nordstrom’s 380 stores in the US and Canada bustled with typical Monday activity. Just one day later, all of those stores went dark.
ZIM Announces the Establishment of ZIMARK
New company to provide scanning technology for the logistics and supply chain industries
'Black market' emerges to dodge unofficial Turkish-Saudi trade blockade
A review of official trade data shows that in the first two months of the year Turkey's exports to Saudi Arabia plunged 93% annually to $38 million.
Suez Canal ship still stuck, tugs and dredgers still struggling to free it
Egypt's President Abdel Fattah al-Sisi has ordered preparations for the possible removal of some of the ship's cargo to help refloat it, SCA Chairman Osama Rabie told Egypt's Extra News.
Suez Canal blocking ship drew a penis in water before getting stuck
Vesselfinder.com spokesperson Mihail Mitev confirmed to VICE News that the ship tracking data was accurate, saying "there is no room for some kind of conspiracies or false data.”
