Latest News


Trade

Neal on suspending Russian trade relations: 'We have no time to waste and must immediately further punish Vladimir Putin'

Congress recently voted in favor of suspending normal trade relations with Russia amid its invasion of Ukraine and reports of human atrocities.


Trade

Trade group: 'The jobs numbers tell a complicated story' of U.S.-China business in 2020-21

A study of United States trade with China in the last two years is a tale of two statistics, according to the U.S.-China Business Council (USCBC), a U.S. trade group of 260 companies.


Trade

IronNet continues to expand on the global front

A leader in transforming cybersecurity through collective defense recently announced progress in its global expansion efforts.


Trade

Allison Transmission expands global presence

Allison Transmission has secured contracts worldwide amid an accelerated growth in the global defense market.


Trade

US releases report on China’s WTO compliance: China's economic embrace 'has harmed US companies, workers'

The Office of the United States Trade Representative is pointing fingers at China for negatively affecting global workers and organizations with its trade policies.


Trade

Asia Trade Week set for March 'despite continued tensions' between US, China

The United States-China Chamber of Commerce (USCCC) plans to celebrate Asia Trade Week with in-person and virtual events over four days.


Trade

Despite 'tensions' US-China Trade Conference set for May in Chicago

The 21st annual U.S.-China Trade Conference is scheduled for May 12-13 in Chicago.


Trade

'Record results': AGCO reports billions in net global sales

AGCO, a company that designs, manufactures, and distributes agricultural solutions, recently reported its net global sales of approximately $3.2 billion for the fourth quarter of 2021.


Trade

Thrasio acquires Lifelong, plans to advance 'make in India' movement

Thrasio Holdings, Inc., a global consumer goods company, recently announced the acquisition of Lifelong Online, a leading Indian online consumer brand.


Trade

IMF concludes consultation with Pakistan

The Executive Board of the International Monetary Fund (IMF) concluded the 2021 Article IV consultation [1] (press release to follow) and the sixth review of the extended arrangement under the Extended Fund Facility (EFF) for Pakistan.


Trade

QED Investors hires 'incredibly connected' Ajayi to oversee operations in Africa

Global venture capital firm QED Investors recently announced the hiring of Gbenga Ajayi as a partner.


Trade

GDP increased in fourth quarter of 2021

Real gross domestic product (GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.3 percent.


Trade

Consultation between France, IMF completed

The International Monetary Fund has issued the following press release:Washington, DC: On January 19, 2022 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with France.France was among the most affected European countries from the COVID crisis.


Trade

IMF concludes Indonesia mission

An International Monetary Fund (IMF) team led by Ms. Cheng Hoon Lim conducted virtual discussions on the Indonesian economy for the 2022 Article IV Consultation from January 4 to 24, 2022.


Trade

TechnipFMC to 'delist' shares from Euronext Paris

Houston-based technology provider TechnipFMC plc announced Jan. 10 plans to voluntarily delist its shares from Euronext Paris in the Netherlands.


Trade

'Uniquely positioned for major growth this year,' Florida-based ReliaQuest opens new office in India

ReliaQuest recently established a new office in Pune, Maharashtra, India, to continue expanding its role as a tech security leader in Open XDR (extended detection and response) as a service.


Trade

$395.9 million arrangement reached between IMF, Nepal

On Jan. 12, the Executive Board of the International Monetary Fund (IMF) approved a 38-month arrangement under the Extended Credit Facility (ECF) for Nepal in an amount equivalent to SDR 282.42 million (180 percent of quota or about US$395.9million).


Trade

U.S. becomes top exporter of LNG: 'seven-fold increase'

Thanks to strong European demand, the United States has emerged as the world’s leading exporter of liquefied natural gas, worldoil.com recently said.


Trade

S&P Global and IHS Markit to 'drive growth' with sale of chemicals, CUSIP business

S&P Global announced Dec. 27, 2021, that it will sell its IHS Markit’s Base Chemicals business to News Corp and its CUSIP Global Services to FactSet Research Systems.


Trade

'We are excited': IRIS Software Group acquires AccountantsWorld

A leading global software provider of accountancy, IRIS Software Group, has announced on Dec. 30 that they have acquired AccountantsWorld, a New York-based company providing cloud solutions for accountants.