Data-driven services have new export opportunities, highlighted a recent World Bank report. In essence, not only can entrepreneurs market their products remotely, but intangible data-enabled services now flow across borders. The rise of data-driven services creates opportunities for new entrants to world trade and can foster economic growth
Two US-based firms, Jacobs Engineering Group (Jacobs) and AECOM, were among the world’s five largest design companies in 2019, according to Engineering News-Record. Chinese design companies also rank high on the list, with China’s Power Construction Corp. and China Energy Engineering Corp. ranking first and fifth, respectively. Top
The United States International Trade Commission (USITC) determined that it will continue with the investigations regarding imports of urea and ammonium nitrate solutions originating in Russia and Trinidad and Tobago. It reached that conclusion after concluding that there is reasonable evidence that a US industry suffers pecuniary injury
German imports grew 15.3% year-on-year during the first half of 2021, reported the Federal Statistical Office (Destatis). In this way, these purchases reached 576,400 million euros. Activity in the euro zone likely strengthened in June, fueled by the earlier relaxation of mobility restrictions and an accelerated launch of
Manufacturing production in the United States increased 1.4% in July, compared to the immediately previous month, the Federal Reserve reported on Tuesday. Overall, the reopening is progressing rapidly in the United States despite the incipient increase in new Covid-19 cases in July. As a whole, industrial production increased
First Germany and then the United Kingdom and France, they were the world’s largest cheese importers in 2020, according to statistics from the World Trade Organization (WTO). German foreign purchases of cheese (including curd) totaled $ 4.71 billion last year. Meanwhile, cheese imports to the UK were $