Tradenews

Up to $1.5 trillion to be siphoned from Global Stimulus [23 Jun 2009]  
Kroll Global Fraud Report warned that if preventive measures were not taken, a portion of the global economic stimulus package would end up in the hands of fraudsters waiting in wings. The report has  ...More
Tags: Global Stimulus     anti-corruption    
Russia Takes Lenient Approach on Timber Exports [01 Oct 2010]  
The Russian Prime Minister Vladimir Putin yesterday told a roundtable forum that the country should discard the obsolete raw-materials export model to maintain growth of timber industry. He also said  ...More
Tags: Russia     Global Markets     Investments    
OPEC So Far Bore 400bn Bls – All Set to Pump another Trillion [20 Oct 2010]  
A Saudi top official while addressing a seminar said the Organization of Petroleum Exporting Countries (OPEC), which celebrated its golden jubilee last month, has produced more than 400bn barrels sinc  ...More
Tags: Saudi Arabia     OPEC     Global Oil Industry    
Chinese Yuan Expanding Rapidly to Become Global Reserve Currency [08 Dec 2010]  
According to the People’s Bank of China, the trade transactions settled between June and November in Chinese currency is to the tune of 340bn yuan ($51bn). In a bid to make yuan a global reserve curre  ...More
Tags: Global Reserve Currency    Yuan    Renminbi    Finance    
Hong Kong Tops Globalization Index by Toppling Singapore [27 Jan 2011]  
According to a recent report by Ernst & Young in cooperation with the Economist Intelligence Unit (EIU), Hong Kong has topped the 60 largest economies in the world in terms of globalization. Singapore  ...More
Tags: Hong Kong     Ireland     Singapore     Denmark     Globalization    
UK trade deficit drops sharply [14 Mar 2011]  
Rise in exports lifts expectations that trade will boost first-quarter GDP
Britain's trade deficit has dropped sharply, fuelling hopes that trade will make a strong contribution to GDP growth in th  ...More
Tags: GDP growth    oil    food    drink    tobacco    Daiwa Capital Markets    IHS Global Insight    
Global coffee exports hit record 103.1 mn bags [28 Nov 2011]  
World coffee exports rose by 9 per cent to a record 103.1 million bags in the 2010-11 coffee years, but shipments in September were down by almost 15 per cent at 7.04 million bags, the International C  ...More
Tags: Global Coffee Exports    
China Goes Global- Signs Free Trade Deal with Switzerland [27 May 2013]  
In a move that is seen as China’s attempt to cosy upto the more influential Western economies; the communist state has signed a multifaceted free trade deal with Switzerland. Currently, trade between  ...More
Tags: China Global Free Trade Deal    
Global Economy’s Dream Come True- US & Europe mulling over a Free Trade Agreement [19 Aug 2013]  
Two of the biggest financial superpowers of the world, the United States (US) and the European Union (EU) are finally getting round to finalizing on something that holds great implications for the wor  ...More
Tags: Global Economy US and Europe    
UN Report Paints a Grim picture about Global Trade [16 Sep 2013]  
A top economic report, released by the United Nations Conference on Trade and Development (UNCTAD) on Thursday, 12-9-2013 hints at a slow and struggling global trade scenario that is likely to extend  ...More
Tags: UN Report Paints Global Trade    
A Step in the Right Direction- US to pull the reins on Global Arms Trade [30 Sep 2013]  
Maybe, the continued instance of gun violence in the United States has had its effect, finally. The US is all set to sign an influential global treaty that will directly regulate its lucrative USD 80  ...More
Tags: US reins Global Arms Trade    
WTO thumps its Authority- Finalises the Biggest Global Trade Agreement [16 Dec 2013]  
Amidst a looming chance of failure, the World Trade Organization (WTO) has finalised upon a ‘one-of-its-kind’ first ever trade reform deal on Saturday, December 7, 2013. In the idyllic Indonesian isla  ...More
Tags: WTO Global Trade     
Yuan beats Euro as the Second Most Traded Currency in Global Business [20 Jan 2014]  
Looks like the Chinese flag is soaring high, with the latest findings that the Chinese Yuan has emerged as the second most used currency in global finance, slowly inching towards the market leading Do  ...More
Tags: Yuan Euro Traded Currency Global    
Steely Resolve Global Steel Production Spikes up China leads the Steel Race [28 Jan 2014]  
Steel, the harbinger of economic growth and a country’s industrial strength is making a very strong comeback. After a steady decline, global steel production has risen by 3.5% at the end of 2013. The  ...More
Tags: Steely Resolve Global Steel Spikes China leads