US Treasury Secretary Janet Yellen has cautioned that China is using the global economy as a dumping ground for its cheaper renewable energy products, lowering market prices and hurting green manufacturing in the United States. “I am concerned about global… Read More ›
Day: March 28, 2024
China Removes Tariffs On Australian Wine, Ending A Three-Year Trade Impasse
China will remove anti-dumping and anti-subsidy taxes on Australian wine on March 29, the Chinese commerce ministry announced on Thursday, capping three years of punishing penalties and providing long-awaited relief to Australian wine producers. The tariffs of up to 218.4%… Read More ›
Lloyd’s Chief Believes The Baltimore Accident Could Result In The Highest Marine Insurance Payment Ever
The collapse of a major Baltimore bridge and its aftermath could result in the largest-ever marine insurance claim, according to Lloyd’s of London’s chairman on Thursday. Following the collision of a massive cargo ship with the Francis Scott Key Bridge… Read More ›
Greenhouse Gas Emissions In The UK Declined 5.4% In 2023 Due To Lower Gas Usage
Britain’s greenhouse gas (GHG) emissions fell by 5.4% in 2023, according to official figures released on Thursday, as less gas was used to generate electricity and heat houses. To achieve the country’s goal of net zero emissions by 2050, adjustments… Read More ›