The Asian Development Bank (ADB) indicated upside and downside risks in world oil prices for 2022. For the next year, the ADB expects oil prices to decline from their recent highs as supply outstrips demand with revived oil production in OPEC + and the United States, averaging $
The government of Quebec, Canada, forecasts that delivery capacity in shipping globally is unlikely to ease in 2022. New vessels have already been ordered in 2021, but will not be delivered until 2023, according to the Asian Development Bank (ADB). Additionally, the International Maritime Organization’s new decarbonization rule
The Quebec Ministry of Finance expects Canadian exports to increase 2.2% in 2021 and 7.6% in 2022. These increases in Canadian exports are mainly due to the recovery of global economic activity, especially in the United States. However, the 2021 rally will be mitigated by the appreciation of
According to an investigation by the Hong Kong Trade Development Council (HKTDC), there are three advantages of the logistics market of Hong Kong and China. This logistics market will benefit from the following factors, synthesized the company Cosmos Group Holdings, based on research from the same source: Guangdong-Hong
Herbalife Nutrition lowered its sales during the first nine months of 2021 in China, a market where pyramid promotional schemes are banned. In the China region, the company reported net sales of $ 154.0 million and $ 499.1 million for the three and nine months ended September 30,
Among the main categories of international trade in services, telecommunications, computer and information services were the only group that registered growth in 2020 (4.1%), highlighted a report by UNCTAD. Amid the Covid-19 pandemic, international trade in other major categories declined. Travel was the hardest hit, losing a whopping