You Searched For "trade bloc" and got 17 results
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3 mins read
How Europe can avoid a trade war in a 2nd Trump term
The EU will need to respond if Trump implements his proposals for sweeping tariffs, but it has to b…
Kelly Cloonan
6 mins read
The Trump and Harris campaigns are taking different approaches to courting this powerful voting bloc
The Trump and Harris campaigns both courted blue-collar workers at their respective national conven…
Katherine Tangalakis-Lippert,…
3 mins read
Russia pitches trading centers in a widening plan to move away from the US-dominated global financial order
Heavily-sanctioned Russia is a commodity giant and a major producer of oil, natural gas, gold, and …
Huileng Tan
2 mins read
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments f…
Huileng Tan
3 mins read
China's trade war with the US is unlikely to cool down this election year, so it's working on Europe instead
Chinese leader Xi Jinping is visiting France, aiming to refresh China-France ties amid complaints a…
Huileng Tan
1 min read
Trade between China and Russia ballooned to a record $240 billion last year
Commerce between Beijing and Moscow spiked 26% to hit a new record in 2023, according to customs da…
George Glover
5 mins read
The bloc of countries that wants to overthrow the US dollar is set to gain 6 new members here's what the potential recruits have said about de-dollarization
Brazil, Russia, India, China, and South Africa have invited Saudi Arabia, Argentina, Egypt, Ethiopi…
Huileng Tan
1 min read
Russia's foreign minister accuses the West of 'financial blackmail' as BRICS eye adding Saudi Arabia, Iran to economic bloc
Russia's foreign minister accused Western nations of using "financial blackmail" as its economy fac…
Jennifer Sor
2 mins read
China's yuan is displacing other top global currencies in trade, but not the US dollar
"The higher share of CNY in trade invoicing doesn't seem to be dethroning USD, but rather pushing o…
Filip De Mott
1 min read
India's central bank urges lenders to de-dollarize trade with the UAE using local currencies
The Reserve Bank of India is pushing for non-dollar trade with the United Arab Emirates, sources to…
Filip De Mott
2 mins read
Trade ties between China and the EU are 'at a crossroads' over Russia's war in Ukraine, senior official warns
The two sides are at risk of drifting apart because Beijing has been supporting Moscow's war effort…
Phil Rosen
2 mins read
BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says
The US dollar could soon be in the same position as the British pound in the 1800s, a former White …
Jennifer Sor
2 mins read
Russia-Germany trade rupture could “move the macro needle” and cause a financial shock, says S&P Global
A breakdown in trade between Russia and Germany could deliver a financial shock to Europe's largest…
Hamza Fareed Malik
1 min read
Italy says companies can buy Russian natural gas in rubles, as the bloc scrambles to keep fuel flowing
"Nobody has ever said anything about whether rubles payments breach sanctions or not," Italian Prim…
Harry Robertson
4 mins read
China and other ASEAN countries sign the world's biggest trade pact – the door has been left open for India to rejoin the bloc
The Regional Comprehensive Economic Partnership, or RCEP, is to be signed virtually on Sunday on…
PTI
2 mins read
India has decided not to pull out from a big Asia-Pacific trade treaty, but on a few conditions
The decision follows months of speculation over whether or not the Indian government should pull…
1 min read
India is snapping up discounted Russian natural gas as even Putin ally China shuns supplies
Gujarat State Petroleum and GAIL India purchased several liquified natural gas cargoes from Russia …