October 10, 2024 — The UK government officially launched the new Office of Trade Sanctions Implementation (OTSI) on October 10, local time, aiming to further strengthen sanctions against Russia and enhance corporate compliance with sanctions.
The World Trade Organization (WTO) released its latest Global Trade Outlook and Statistics Report, predicting that global merchandise trade will grow by 2.7% in 2024, slightly higher than previous estimates. Export growth in Asia will outpace other regions, reaching a 7.4% increase, while the growth prospects for services trade are even more optimistic.
Facing the global economic environment, Vietnam is striving to strengthen its trade remedy measures to protect domestic industries from external pressure. With the continuous opening of the Vietnamese market, these measures are crucial for ensuring the healthy and sustainable development of its domestic industries. At the same time, for countries and enterprises trading with Vietnam, understanding and adapting to these changes will be the key to future success.
Japans decision to discharge the nuclear - contaminated water from Fukushima into the sea not only affects Japan itself, but also poses huge risks to neighboring countries and regions. The Chinese government and its special administrative region governments responded promptly and took a series of measures aimed at safeguarding food safety and public health. This reflects the high sense of responsibility of the Chinese government towards the people and its determination to safeguard national interests.
American consumers are turning frugal, and how are retail giants responding to this trend? Walmart and Target have vastly different strategies, and how they balance groceries and non-essentials reveals new trends in consumer behavior.
Data released by the Federal Statistical Office of Germany show that the number of corporate bankruptcies in Germany surged year - on - year in July, and the amount of creditor claims rose sharply, reflecting increased economic pressure on German companies.
Hungarian Prime Minister Viktor Orbán delivered a speech in the European Parliament, severely criticizing the EUs decision to impose tariffs on Chinese electric vehicles, saying that this measure would be counterproductive and have a serious impact on the European automotive industry.
October 10, 2024 News — Two high - numerical - aperture (High NA) extreme ultraviolet (EUV) lithography machines have been successfully installed recently in the factory of a leading chip manufacturer. Each of these two devices is sold at about $350 million and is one of the most advanced and expensive lithography machines in the world at present.
Due to escalating political tensions between the two countries, Algeria recently announced a ban on wheat exports from France, dealing a severe blow to French agriculture. The Algerian government stated that French companies would be excluded from wheat import tenders and required participating companies to no longer offer wheat originating from France...
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