Saudi Arabia receives only 1.8% of Turkey’s exports – Middle East Monitor

Turkish commodity exports to Saudi Arabia constitute just 1.8% of Ankara’s annual exports, according to Turkey’s Anadolu Agency. The agency collected data on trade published by the Saudi General Authority for Statistics and the Institute of Statistics of Turkey for the years 2018 and 2019. According to the report, Saudi Arabia’s total imports from Turkey … Read more

Argentina and Venezuela: where they coincide and where they don’t

The escalation of the financial and political dynamics makes the comparison with Venezuela appear more and more in the inquiries we receive. Both economies were favored by the jump in commodity prices during the first decade of the ’00s and both maximized short-term growth via an unsustainable income distribution. Both brought public spending to GDP … Read more

US sanctions on Huawei may affect Korean chip exports to China

SEOUL, Sept. 15 (Yonhap) – South Korea’s memory chip exports to China are at risk of being hit hard by US sanctions against Chinese telecoms giant Huawei Technologies Co. for its heavy reliance on it -with respect to the neighboring country, sources have provided this Tuesday. New sanctions preventing the sale to Huawei of semiconductors … Read more

Exports, imports in August 2020

China’s dollar-denominated exports beat expectations to rise 9.5% for the month of August from a year ago, data from the country’s General Administration of Customs showed on Monday. Meanwhile, China’s dollar-denominated imports in August fell 2.1% from a year ago. Economists polled by Reuters had expected exports to have climbed 7.1% in August from a year ago compared with … Read more

Rapid growth, 96 percent of sales are exports. Polish “national good”

In 2019, revenues from computer games in Poland amounted to over PLN 2.1 billion – according to a report on the industry. There are over 440 producers on our market. Poland is currently the 20th largest gaming market in the world. As the authors of “The game industry of Poland” emphasized, the Polish game industry … Read more

Prosecutor’s Office formally accuses Alex Saab and his accountant

While the Barranquilla Alex Naím Saab Morán fights in Cape Verde (Africa) to avoid being extradited to the United States, the criminal process that the Justice follows in Colombia progresses without many obstacles. This Friday, in a virtual stagecoach, The Office of the Attorney General of the Nation formally accused the 48-year-old man of exercising … Read more

Álex Saab accused in Colombia of money laundering and false exports

In the diligence, carried out online, the Prosecutor’s Office also charged Devis José Mendoza, an accountant for the firm Shatex SA, one of Saab’s front companies, for the same crimes. By: EFE 05:53 PM / 04/09/2020 The Colombian Prosecutor’s Office accused this Friday 4-S before a Barranquilla judge the Colombian businessman Álex Saab, indicated as … Read more

New Zealand suspended its livestock exports after a ship with 6,000 animals on board was wrecked

New Zealand suspended exports of livestock after a ship carrying nearly 6,000 cattle sank off the coast of Japan on Wednesday after being hit by Typhoon Maysak. The ship, Gulf Livestock 1, was on its way to China. The searches of the more than 40 crew members are still ongoing. Thursday the Japanese coast guard … Read more

Central Bank agreed to maintain interest rate and measures to support liquidity and credit | Economy

At their September meeting, The Board of the Central Bank again agreed to maintain the monetary policy rate at 0.5%, in addition to maintaining unconventional measures to support liquidity and credit. They regret that the fall in Imacec (-15.3%) hits almost all sectors, although they assume that exports “show a degree of resilience greater than … Read more

Malaysian Exports Drop Again, CPO Prices Are More Depleted

Jakarta, CNBC Indonesia – Crude palm oil commodity prices or crude palm oil (CPO) weakened in trading today Friday (21/8/2020). At 10.50 WIB, the CPO price for the delivery contract November 2020 on the Bursa Malaysia Derivatives Exchange fell 1,61% to RM 2.694/your plummeted below its psychological level RM 2.700/your. The decline in CPO prices … Read more