China’s Remarkable Irony: New Coal Rail Network for ‘Carbon-Neutral’ Exports

China’s decision to create a coal transportation rail network and plans for 100 more coal-fired power stations might seem quite ironic. Especially when you consider that these power stations will help make products for the West, including solar panels. The irony is that while the world talks about reducing carbon emissions and using clean energy, …

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Russia’s decision to ban diesel exports to most countries could not have come at a worse time for Europe.

Russia’s decision to ban diesel exports to most countries could not have come at a worse time for Europe. The European Union halted Russian seaborne imports of the fuel earlier this year as part of sanctions imposed on Moscow over Russia’s full-scale invastion of Ukraine. But the EU still needs a steady flow of Russian …

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BREAKING: Russia Halts All Exports of Gasoline and Diesel

🚨🚨🚨FLASH FLASH FLASH: Russia halts all exports of gasoline and diesel!!! pic.twitter.com/TSdXWXx5kS — US Homeland Security News (@defense_civil25) September 21, 2023 Russia Temporarily Bans Diesel and Gasoline Exports Russia is a major supplier of diesel to the global market Government has been weighing how to curb surging fuel prices Russia temporarily banned exports of diesel …

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Saudi exports plunge, lowest in 2 years

Yesterday we reported that the price of oil jumped to the second highest level of 2023 amid plunging US inventories… … and news that Russia had agreed to further oil export cuts. Today, West Texas Intermediate extended its gain, surging another $2 to $85.55 and hitting the highest level of 2023  – just in time for headline inflation to surge again – …

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Russian Oil Exports to India Increase by 1100%

by Chris Black Not sure why the US wasn’t able to predict this when they did those sanctions! Remix: Russia has now become the main crude oil supplier of India, one of the world’s largest consumers, Hungarian daily Magyar HĂ­rlap reports. According to the data, export volumes were almost 11 times higher than last year’s shipments …

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IMF urges India to remove restrictions on rice exports over global inflation concerns

The International Monetary Fund (IMF) has encouraged India to remove restrictions on export of non-basmati rice, saying that the country’s decision would put additional pressure global inflation. The Indian government had banned the export of non-basmati white rice on July 20, in order to enhance domestic supply and stabilise local retail prices during the approaching …

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Global Famine and Starvation: India bans all RICE exports

India’s ban on rice exports raises fear of global food price rises “India has banned non-basmati white rice exports to curb domestic inflation, raising fears of further increases in global food prices just days after wheat and corn prices were sent climbing by Russia’s termination of a key grain deal. The immediate ban, introduced after …

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China’s exports, a significant contributor to domestic growth, have plunged in recent months as global growth has slowed.

BEIJING — China’s Commerce Ministry on Wednesday said non-economic factors were growing and interfering with the country’s foreign trade which was facing an “extremely severe” situation in the second half of this year. “Some countries’ forceful push for ‘decoupling,’ ‘severing [supply] chains’ and so-called ‘de-risking’ are human-made obstacles blocking normal commerce,” Li Xingqian, the head …

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U.S. Economy in a Snapshot Overview of the July 2023 Snapshot: Q1 GDP Growth Slows but Remains Solid, Driven by Consumption, Government Spending, and Net Exports; June Sees Solid Payroll Growth and Slight Drop in Unemployment; Food-at-Home Index 25% Above its 2019 Average.

by Dismal-Jellyfish   https://www.newyorkfed.org/medialibrary/media/research/snapshot/Snapshot_July2023.pdf Overview of the July 2023 Snapshot GDP growth slowed: Q1 GDP was about .5% below what it would been if since Q42019, it grew at a rate close to long-term forecasts. Consumer real spending on services up 2.6%—still greater then 2%… Average hourly earnings up 4.4% in June. The employment-to-population ratio for …

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Serbia suspends ALL weapons exports two days before Vilnius summit

From Zastava USA: "Dear valued customers,We have been made aware of the recent news regarding the weapon export ban imposed by the Serbian government. We understand that many of you have reached out to us seeking clarity on whether this will impact the exports of ZPAP firearms… pic.twitter.com/CLPpNyQyNC — Mrgunsngear (@Mrgunsngear) July 9, 2023 So …

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