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
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.
Shipping firms impose extra fees as Red Sea attacks hit global trade
Cancellations and rate increases are expected to continue into the first quarter, recommends customers book 4-6 weeks in advance to ensure space on vessels.
Shippers mask positions, weigh options amid Red Sea attacks
As a safety precaution, some vessels are attempting to mask their positions by pinging on other locations when entering the Yemen coastline, said senior freight analyst at Vortexa.
Record mobilization: Haifa Port Company leads in cargo handling amidst wartime challenges
Haifa Port's October figures paint a picture of maritime sector leadership.
The price demanded from Israel for normalization is too high - opinion
The true meaning of this project is to be in direct competition with the Chinese Belt and Road Initiative, a route modeled on the old Silk Road, connecting China and Europe through Central Asia.
