China has suspended almost all exports since April 4 of seven kinds of rare earth metals, as well as very powerful magnets made from three of them. The halt has caused increasingly severe shortages that threaten to close many factories in the United States and Europe. Why are these metals so needed, why has China […]
Tokyo Container Terminal is seen in Tokyo (AP) TOKYO: Japan’s exports to the United States, its largest single trading partner, fell nearly 2% in April as tariff hikes imposed by President Donald Trump hit home. Globally, exports rose just 2% year-on-year, down from 4% in March, leaving a trade deficit for the first time in […]
Representative Image (AI-generated) Sudan’s army-aligned government has told energy firms to prepare to stop handling crude oil from South Sudan, which relies on its neighbour for exports, after attacks on key facilities, according to a letter seen by AFP.In the letter dated Friday, the Sudanese energy and petroleum ministry informed its South Sudanese counterpart that […]
