Hasad Foods, the agricultural investment arm of Qatar's sovereign wealth fund, said the government would increase its grain reserves from 250,000 tons to 300,000 tons in the near future, which is enough to feed the population for six months. With a…
Aluminium buyers in the US physical metal market have held off on new orders amid fears of a recession triggered by rising inflation and supply chain crises. Spot aluminium trading on the market has been suspended in recent weeks, according to indus…
The U.S. and its allies plan to impose sanctions on more Russian industries and supply chains.The US government representatives recently visited Europe to consult with allies on strengthening and enforcing sanctions to punish Russia. They also plan t…
The U.S. and its allies plan to impose sanctions on more Russian industries and supply chains.The US government representatives recently visited Europe to consult with allies on strengthening and enforcing sanctions to punish Russia. They also plan t…
The European Commission has submitted to member states a new draft of sanctions against Russia, including an oil embargo. Some member states that rely heavily on Russian energy sought exemptions. Western media reported that the European Commission d…
The European Union is seeking to boost energy cooperation with African countries to help wean them off dependence on Russian gas imports.Bloomberg said, recently, according to a draft EU file, African countries, especially in western Africa Nigeria,…
Due to the global shortage of automotive chips, in the past year, the price of STL9369, the core chip of the body electronic stability system produced by STMicroelectronics, has skyrocketed from 20 yuan to 2,800 yuan (excluding tax), a year-on-year i…
The U.S. CPI rose 1.2% month-on-month as expected in March, the highest since October 2005; this made the indicator up 8.5% year-on-year, higher than the expected 8.4%, and the highest since December 1981 (nearly 40 years).…
Since the outbreak of the epidemic in 2020, the prices of international agricultural products and fertilizers and other agricultural materials have continued to rise. As of February 2022, the FAO Global Food Price Index has surpassed its 2011 high. D…
In March, U.S. inflation hit a 40-year high. According to data released by the U.S. Bureau of Labor Statistics, the consumer price index (CPI) rose 7.9% year-on-year and 0.8% month-on-month. The data also showed that U.S.…
In the face of rising oil prices, the 31 member countries of the International Energy Agency decided in early March to release 60 million barrels of crude oil reserves. However, the market's reaction to this statement was not strong, and oil prices c…
After falling last week, international gold futures edged up on Monday, posting their second gain in seven sessions. Gold futures for April delivery rose 20 cents, or less than 0.1%, to settle at $1,929.50 an ounce on the New York Mercantile Exchange…