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Tag: trade

Russia Trade Deal with India Dumps U.S. Dollar

Sven R. Larson April 1, 2022

Asian countries have long had a back-up system in place, independent of the dollar, for funding foreign trade. However, to date it has not been used for the financing of regular trade transactions.

Russia and China Issue Joint Statement Calling for a Halt to NATO Expansion

David Boos February 7, 2022

For the first time in two years, the presidents of China and Russia met in person and used the occasion to reaffirm their shared vision of the future in a joint statement covering multilateralism, restriction of NATO expansion, and moving away from the U.S. dollar.

EU Drafts Measures to Increase Emergency Powers

Bridget Ryder December 31, 2021

The European Union’s Internal Market Commissioner Thierry Breton is drafting a new law to secure the European supply chain in both emergencies and normal market conditions. Some fear it will include measures that give the EU power to seize private property.

One Year After Brexit, UK Food Trade Suffering

Bridget Ryder December 30, 2021

The main culprit for the drop in exports was a decrease in sales to the EU caused by both the COVID-19 pandemic and the new trade barriers with Europe. The UK lost 24% of its sales to the EU, worth £2.4bn.

Tag: trade

Russia Trade Deal with India Dumps U.S. Dollar

Russia and China Issue Joint Statement Calling for a Halt to NATO Expansion

EU Drafts Measures to Increase Emergency Powers

One Year After Brexit, UK Food Trade Suffering

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