Global stock markets had a rude awakening last week when signs that China’s economy is slowing became unmistakable. Not so the astute market observers who have been tracking the trade data on China – or so reports the Wall Street Journal. According to the WSJ, one...
China’s currency devaluations aimed at making its goods more attractively priced for global markets have prompted the Obama administration to urge the world’s leading exporter to rely less on foreign sales and more on domestic consumption to stabilize and grow its...
The repercussions from August 12’s deadly Tianjin blast continue to be felt across global supply chains. Generally ranked among China’s (and by extension the world’s) top 10 ports, Tianjin handled US$45,681,904,539 worth of exports, accounting 6.10% of the country’s...
More than champagne and perfume ... the leading French imports in the US are turbojets, airplanes and other aircraft. Although, as we've noted before, France is the leading source for US imports of wine and spirits. Here are the top 15 US imports from France: Happy...
BP earlier this month agreed to pay $18.7 billion to settle all federal and state claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico ... and took a giant step toward wrapping up its losses from this disaster. Not so the Gulf’s seafood...
The first hiccups in trade with Greece following that country’s rejection of creditors’ demands for more austerity are being felt. The Wall Street Journal reports that Greece’s capital controls on the outward flow of euros are choking commerce as exporters to Greece...
The Greek people have voted and now, with Sunday’s referendum resulting in a “No” on bailout terms offered by their country’s creditors, what happens next is in the hands of Greece’s top trading partner. Germany is reportedly staying tough on debt relief (as reported...
Tossing aside the Head of Women’s Design for the J.Crew brand and trimming 175 from the payroll, the J.Crew Group last week announced alterations aimed at “critical improvements to our J.Crew women’s assortment including fit, design aesthetic and styling.” As Business...
April 17, 1853, is remembered as the day Argentina took its first official steps toward establishing a national viticulture based on carefully selecting and cultivating varietals from France and Italy that ultimately produced Argentina’s iconic wine, Malbec. More than...
It may have been National Beer Day, but many here in the States yesterday hoisted a bottle of brew from Mexico, just south of the border but far and away the top source for US imported beer. Total US beer imports were up 11.7% by value, and 6.9% by volume, in 2014...
