Tropical Cyclone “Yaku” hits many parts of Peru
Tropical Cyclone "Yaku" has hit many places in Peru. As of now, the heavy rain and other severe weather brought by "Yaku" has caused at least 6 deaths in Peru. On the 12th local time, Peruvian President Boluarte announced that
Weak exports
South Korea's exports slumped in January and its current account deficit hit a record high amid growing fears of a global recession. According to data released by the Bank of Korea on March 10, South Korea’s current account had a deficit
Prime Minister’s Adviser Warns
Japanese Prime Minister Fumio Kishida's adviser, Masako Mori, has warned of the country's dire demographic situation. She said Japan would one day cease to exist as a country if it failed to slow the decline in the birth rate, which
Maersk actively responds!
Pakistan is in the midst of an economic crisis and logistics providers serving Pakistan are being forced to cut services due to foreign exchange shortages and controls. Express logistics giant DHL said it will suspend its import business in Pakistan from
ZIM, the first time!
Zim Shipping completed the first simultaneous LNG bunkering operation at Shanghai Yangshan Phase III Terminal. Recently, ZIM SAMMY OFER, the first LNG dual-fuel powered large container ship, carried out LNG bunkering operations at the Guandong Wharf of the third phase of
South Korea to lift all entry restrictions from China
South Korea was deprived of the status of "China's fourth largest trading partner" by Japan. According to data released by the General Administration of Customs of China on March 7, in the first two months of this year, South Korea,
The United States may cancel the entry inspection requirement for Chinese tourists
According to US media reports, the US government will relax the requirements for testing for the new crown virus for travelers entering China as soon as Friday (March 10). According to the US "Washington Post" citing three US officials, US national
A 40% tariff will be imposed!
On March 3, according to foreign media reports, according to a presidential decision published in the official gazette of Turkey, Turkey has imposed an additional 40% tariff on pure electric vehicles imported from China. However, foreign media did not reveal
PIL launches new route
China's Persian Gulf GC2 route will make its maiden flight from Shanghai on March 17, 2023. A few days ago, Pacific International Lines (PIL) launched the China Persian Gulf GC2 route as an effective supplement to the existing China Persian Gulf
Foreign exchange is only enough for 18 days to import
It is reported that investors are preparing for a possible debt default in Pakistan. According to Fitch Ratings, Pakistan is at risk of defaulting on $7 billion in debt, including $2 billion due in March. Without an IMF bailout or
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