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WASHINGTON, June 6, 2024 (AFP) – The US trade deficit expanded slightly less than analysts expected in April, to the widest since late 2022, as imports rose more quickly than exports, according to government data released Thursday. The overall gap was $74.6 billion, growing from March’s revised $68.6 billion figure, said the Commerce Department. This was the largest deficit since October 2022, according to official data. US consumption has been more resilient than anticipated […]
by Morgann JEZEQUEL Agence France-Presse RIO DE JANEIRO, Brazil (AFP) — On his farm in the state of Mato Grosso, Brazil’s grain basket, Ilson Jose Redivo finished planting his corn crop a few weeks ago, acting quickly once he’d harvested the soybeans that he’d grown on the same fields. In this region of west-central Brazil, the fields stretch as far as the eye can see and the schedule is well established: The farmer plants the […]
ANKARA, Turkey (AFP) — Russian Foreign Minister Sergei Lavrov said Wednesday that Moscow was ready to ensure the safe passage of vessels from Ukraine as concerns mount over grain stuck in Ukrainian ports. “We are ready to ensure the safety of ships that leave Ukrainian ports,” Lavrov told a joint news conference with his Turkish counterpart Mevlut Cavusoglu. “We are ready to do this in cooperation with our Turkish colleagues.” Lavrov arrived in Ankara […]
by Sam JAHAN / Shamsuddin Illius Bangladesh authorities accused a container depot operator Monday of not telling firefighters about a chemical stockpile before it exploded with devastating consequences, killing at least 49 people — nine of them from the fire service. The toll from the giant blast, which followed a fire at the B.M Container Depot in Sitakunda and sent fireballs into the sky, was expected to rise further. Some containers were still smouldering on […]
BUENOS AIRES, Argentina (AFP) — A four-day-old strike by Argentine grain transporters, demanding higher freight rates in the face of rising diesel prices due to war in Ukraine, has paralyzed farming exports, industry sources said Thursday. Thousands of trucks that haul grain and its derivatives have parked along the side of the road in the South American country, which is the world’s largest exporter of soybean flour and oil, and one of the main suppliers […]
(Eagle News) — The Philippines’ Gross Domestic Product shrank by 4.2 percent in the first quarter of 2021. According to the Philippine Statistics Authority, this is less compared to the 8.3 percent shrinking of the Philippine GDP in the fourth quarter. The PSA said the contributors to the decline were the following industries: Construction: -24.2 percent Other Services: -38.0 percent Real Estate and Ownership of Dwellings: -13.2 percent The following industries, on the other hand, […]
Editor’s Note: The following is the full text of the “Opening remarks by Executive Vice-President Valdis Dombrovskis at the press conference on the transparency and authorization mechanism for exports of COVID-19 vaccines” on Jan. 29, 2021. (Also see: https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_21_312) “Today the Commission has adopted an implementing Regulation making the export of certain products subject to an export authorisation. So this Regulation concerns the transparency and export of COVID-19 vaccines. The protection and safety […]
WHO says countries must work together as COVAX readies vaccine rollout (Eagle News) – The World Health Organization (WHO) Director General called on the world to seize the “window of opportunity” to defeat the pandemic through timely vaccine intervention, and thus prevent widespread transmission of the COVID-19 virus that had so far claimed more than 2 million lives. WHO chief Dr Tedros Adhanom Ghebreyesus said that life-saving vaccines are a very limited resource right now, […]
TOKYO, Japan (AFP) — EU export rules are preventing Japan from finalizing its coronavirus vaccination plan, a Tokyo minister said Tuesday, after the bloc introduced a controversial new mechanism for the shipment of jabs made inside its borders. With less than six months until the pandemic-postponed Tokyo Olympics, Japan has yet to set out when it will vaccinate its population of 126 million people, although it hopes to give the first doses later in February. […]
(Eagle News) — Starting this month, the Socialist Republic of Vietnam decided to resume rice exports to the Philippines and other members of ASEAN to help countries needing additional rice supplies amid the COVID-19 pandemic. Agriculture Secretary William Dar said this was a very welcome development. The Department of Agriculture said this would enable the region to maintain adequate food supply and cope with the COVID-19 pandemic. “We welcome the decision by Vietnam to […]
NORTH SHIELDS, United Kingdom (AFP) – Roland JACKSON / William EDWARDS Just before dawn, the Good Fellowship trawler casts its nets deep into the North Sea’s cold swirling waters, fishing for prawns off England’s northeast coast. Britain finally departs the European Union on Friday but remains bound by the bloc’s Common Fisheries Policy (CFP) until the end of a transition period on December 31. The Good Fellowship’s captain, David Shiel, is cautiously hopeful that Brexit […]
MANILA – The European Union Delegation released its new EU-Philippines fact file, which describes and analyses economic trends in EU-Philippines relations with updated statistics of 2014. In 2014, EU – Philippines trade in goods increased to historic highs by 16% to €12.5 billion, while trade in services increased even stronger, by 17%, to €3.1 billion. This trade resulted in a surplus of €1.1 billion in goods for the EU and a surplus in services’ trade of […]
