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Global trade

Hong Kong flight

Your April 20 news briefing

India and the wheat shortage Amid the war, vital food supplies from Ukraine (one of the world’s biggest wheat exporters) have been blocked from leaving seaports and the country’s fields bombed, which means fewer crops to harvest. Farms in Ukraine have harvested about 15 million tons of corn

The aftermath and costs of the Suez Canal crisis

The aftermath and costs of the Suez Canal crisis

As it currently stands, the Suez Canal is responsible for about 12% of global trade. Approximately one million barrels of oil and roughly 8% of liquefied natural gas pass through the canal each day. On March 23, a giant container ship – approximately 400 meters in length and 59 meters in

What exactly is the Belt and Road Initiative and how could it transform China’s economy?

What exactly is the Belt and Road Initiative and how could it transform China’s economy?

Since 2013, the Belt and Road Initiative (BRI) of China’s President Xi Jinping has been reshaping trade in the region, with ripple effects throughout the global economy. The ambitious plan looks to simultaneously build up China’s historically underdeveloped neighbors while expanding the potential customer base for China’s