Trump upended trade once, aims to do so again with new tariffs
Donald Trump came to Washington eight years ago vowing to rewrite U.S. trade relationships, shrink a massive goods trade deficit…
World Bank warns that US tariffs could reduce global growth outlook
The World Bank warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic growth of 2.7% in…
A year of challenges for an international economy further along in the cycle
Resilience, cyclical maturity and challenges In 2024, the international economy showed remarkable resilience and the available data suggest that world…
Why transport workers are key to creating a ‘people-centred’ agenda
As transport workers navigate an era of geopolitical and economic uncertainty, technological change and rampant inequality, the concept of a…
OFAC’s Bold Move to Disrupt Russian Energy Exports
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has issued sweeping sanctions against over 180 vessels and 170 companies…
Russian fuel exports fall in 2024 as drone attacks, bans add to sanctions pressure
Russian seaborne oil product exports fell by almost 10% in 2024 after Ukrainian drone attacks damaged major refineries and as…