Tag: Global trade
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Africa Holds Critical Minerals Worth Trillions, Captures Little
Africa holds roughly 30% of global critical mineral reserves and exports more than $400 billion in raw materials annually, yet captures less than 1%...
Global Air Cargo Rates Surge 38% Year on Year
Global air cargo rates climbed 38% above year-ago levels in the two weeks ending May 17, according to WorldACD market data published Wednesday, even...
Hidden Trade Rules Now Cost More Than Tariffs, UNCTAD Warns
Non-tariff measures have quietly overtaken traditional tariffs as the primary cost burden facing exporters in most of the world, with developing and least-developed countries...
Investors Warned as Malacca Premium Reshapes Global Trade Risk
A leading global financial advisory chief has warned that markets preoccupied with the Strait of Hormuz risk overlooking a more consequential vulnerability now taking...
Washington Doubles Hormuz Shipping Guarantee to US$40 Billion, Shippers Unmoved
The United States government has doubled its maritime reinsurance commitment for the Strait of Hormuz to $40 billion, bringing in six major American insurers,...
