international-trade
Top StoriesBritish PM Sunak Discussed Channel Migration With France’s Macron, Downing Street Says
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BusinessWhy Cross-Border Payments Platforms Hold the Keys to UK Business’ Launch Into Asia
Colombia Appeals in WTO Frozen Fries Dispute With EU
Date: October 11, 2022
GENEVA (Reuters) – Colombia launched an appeal on Monday against a finding largely backing the European Union in a World Trade Organization (WTO) dispute over import tariffs on frozen fries from Belgium, Germany and the Netherlands. The Geneva-based trade body said this would lead to the first proceedings before a multi-party arbitration system set up...
Ireland Sees ‘flicker of Optimism’ in post-Brexit N.Ireland Dispute
Date: October 7, 2022
By Padraic Halpin DUBLIN (Reuters) -A genuine effort by the new British government to settle a long running post-Brexit trade row over Northern Ireland has created a “flicker of optimism” as talks resume with the European Union, Irish Foreign Minister Simon Coveney said on Friday. British and EU officials this week held their first talks...
Algeria and Spain Agree Revised 2022 Gas Prices
Date: October 6, 2022
ALGIERS (Reuters) – Algeria’s Sonatrach and Spanish power group Naturgy have revised gas prices for 2022 but delayed price talks for next year and beyond amid surging demand and after a diplomatic spat between the countries. Sonatrach supplies around 5 billion cubic meters of gas a year to Spain through contracts signed more than two...
Spain Q2 Quarterly GDP Growth Revised to 1.5% From 1.1%
Date: September 23, 2022
MADRID (Reuters) -Spanish GDP grew faster in the second quarter than originally estimated, compared with the prior quarter, reflecting a healthy Easter rebound from the winter months and a more robust export rise, data from the National Statistics Institute showed on Friday. INE upgraded quarterly growth in the period to 1.5% from an original 1.1%...
Britain Wants to Resolve post-Brexit Trade Row With EU Quickly
Date: September 22, 2022
By Michelle Nichols and Elizabeth Piper UNITED NATIONS (Reuters) – Britain wants to reach an agreement with the European Union to solve post-Brexit trade to Northern Ireland issues quickly, foreign minister James Cleverly said on Thursday, suggesting a softer approach to what has been an intractable dispute. The stand-off over part of the Brexit agreement...
U.S. Expects More Banks Will Cut Off Russian Payment System Mir – Senior Official
Date: September 20, 2022
WASHINGTON (Reuters) – Steps that Turkish lenders Isbank and Denizbank took to suspend the use of Russian payment system Mir make a lot of sense, a senior U.S. administration official said on Tuesday, and said the United States expects more banks will cut off Mir over sanctions risk. Isbank and Denizbank on Monday announced separately...