Fun trade facts of 2022

Fun trade facts of 2022

Freshagenda’s annual summary of global trade shows trade slowed 2.2% in MSE terms in 2022, 2.6% below the record peak in rolling annual terms reached in September 2021. In MSE terms, global trade recorded a 4-year low. Annual WMP trade fell 16% in 2022 which is the...
SVB fall-out will challenge policy

SVB fall-out will challenge policy

The financial markets fall-out from the collapse of two large US banks has weakened the US dollar, on speculation that the impact might cause the US Fed Reserve to pause interest rates rather than carry on with their crusade against inflation. The Fed seems torn now...
Australian exports continue to slide

Australian exports continue to slide

There were negative trends in Australian exports in January, with cheese shipments down 42.1% for the month and 18% lower for the season to date. Weaker exports to Japan, SE Asia and China & HK accounted for most of the contraction in the latest month, with...
Irish dairy exit scheme confirmed

Irish dairy exit scheme confirmed

Irish agriculture minister Charlie McConalogue has confirmed a voluntary exit scheme in which dairy farmers are compensated to give up dairy cows will likely begin in 2024. Details of the scheme are to be firmed up in late summer or early autumn with 2022 as a...
Russia puts conditions on new grain deal

Russia puts conditions on new grain deal

Russia has put conditions on an extension of the Black Sea grain deal, allowing grain to be safely exported from Ukraine ports as the current deal is set to expire on 18 March. On the sidelines of the G20 meeting in New Delhi, Russian foreign minister Sergei Lavrov...