Trade News
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Deal on Russia Sanctions Bill Possible This Week - U.S. Senators
WASHINGTON (Reuters) -U.S. senators are very close to reaching a deal on legislation to sanction Russia over its actions on Ukraine, including some measures that may take effect before any invasion, two leading senators said on Sunday. [READ MORE]
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Canada Withdraws Non-Essential Personnel From Embassy in Ukraine -Statement
WASHINGTON (Reuters) - Canada will temporarily withdraw non-essential Canadian employees and remaining dependents from its embassy in Ukraine, the foreign ministry said on Sunday, amid an international standoff over Russian troops massed on the country's borders. [READ MORE]
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U.S. Goods Trade Deficit Hits Record High; Retail Inventories Surge
WASHINGTON (Reuters) - The U.S. trade deficit in goods widened to a record high in December as imports increased for a fifth straight month amid strong domestic demand, suggesting that trade likely remained a drag on economic growth in the fourth quarter. But imports are helping to...[READ MORE]
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Singapore, Pacific Alliance Countries Sign Trade Agreement
BOGOTA (Reuters) - Singapore has signed a free trade agreement with the Pacific Alliance - made up of Colombia, Mexico, Peru and Chile - those governments said on Wednesday, in a deal they said would facilitate trade and closer ties with Asia. The deal will aid cooperation in the energy,...[READ MORE]
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No Decision Yet on Direct Talks With U.S. -Iran Foreign Minister
DUBAI/PARIS (Reuters) - Iran is ready to consider direct talks with the United States if it feels it can get a good deal with guarantees, its foreign minister said on Monday, adding no decision had yet been made. Indirect talks between Iran and the United States on reviving the 2015 nuclear deal resumed almost two months...[READ MORE]
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China-Brazil Ties to Get Boost if Lula Wins, Says Ex Foreign Minister
BRASILIA (Reuters) - Brazil's relations with China have been stormy under its current far-right government and would stand to improve greatly if former President Luiz Inacio Lula da Silva were elected in October, according to one of the leftist's close aides. But a Lula administration would not seek a preferential relationship with...[READ MORE]
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U.S. Safety Firm Withdraws Certification for Two Oil Tankers Over Iran Sanctions
LONDON (Reuters) - Two tankers have had their environmental and safety classification withdrawn by a U.S. company that provides such certification, after accusations by a U.S. advocacy group that they had shipped cargoes of Iranian oil, documents seen by Reuters show. Countries targeted by tougher U.S. sanctions, including Iran and...[READ MORE]
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Biden, Kishida Agree to Boost Security, Economic Cooperation Amid Mounting Concerns
WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida agreed in a virtual meeting on Friday to boost cooperation on pressing economic and security issues, including China, North Korea's missiles and Russia's threat to Ukraine. The online meeting, their first substantial talks since Kishida...[READ MORE]
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U.S. Crude Exports Ramp up as Global Demand Recovers
NEW YORK (Reuters) - U.S. crude exports are ramping up due to increasing demand from Asia and Europe and recovering U.S. production from the lows of the coronavirus pandemic. Surging worldwide demand, supply outages and international political tension have stoked worries around crude...[READ MORE]
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Brexit Ends UK 'Landbridge' for Irish/EU Trade, Port Boss Says
DUBLIN (Reuters) - The UK landbridge that offered traders the fastest route between Ireland and the European continent before Brexit will not re-emerge as a preferred option for moving goods, the head of Dublin Port was quoted as saying on Friday. The introduction of checks on some goods...[READ MORE]
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