marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
export ban
12/05/2024
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By Arsenio Toledo
TRADE WAR: China bans export of raw materials to U.S. for high-tech and military applications
The Ministry of Commerce of the People’s Republic of China (PRC) has announced a ban on exports to the United States of several raw materials that could be manufactured for high-tech and military applications. Among the raw materials that were banned were gallium, germanium and antimony. The Commerce Ministry announced the move after Washington, D.C. expanded […]
11/02/2023
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By Richard Brown
Biden administration suspends issuance of export licenses for civilian firearms and ammunition in latest attack on gun industry
The United States has implemented a 90-day suspension of export licenses for most civilian firearms and ammunition to non-governmental users. This decision, attributed to national security and foreign policy considerations, was announced by the Department of Commerce (DOC) in October. The DOC has not provided further particulars regarding the suspension, which encompasses shotguns and optical sights. […]
01/27/2023
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By Arsenio Toledo
US officials to talk with Dutch counterparts about restricting exports of chip-making gear to China
Officials from the United States are meeting with counterparts from the Netherlands in Washington, D.C. on Friday, Jan. 27, to talk about putting up new restrictions on exporting semiconductor manufacturing equipment to China. The two nations could reach an agreement on mutual export bans on the same day if they can agree on the details, […]
05/24/2022
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By Ramon Tomey
BAD POLICY: Indonesia LIFTS BAN on palm oil exports as domestic cooking oil prices plunge
Indonesia recently lifted its ban on palm oil exports as it caused a nosedive in domestic cooking oil prices. Indonesian President Joko Widodo announced the ban’s lifting in a May 19 video statement. First announced on April 28, the ban saw Jakarta halting shipments of crude palm oil and several products derived from it. The decision by […]
03/17/2022
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By Ramon Tomey
IMF: Russia-Ukraine war may FUNDAMENTALLY ALTER economic, political order worldwide
The International Monetary Fund (IMF) said the ongoing war between Russia and Ukraine may “fundamentally alter” the political and economic order globally. “The war may fundamentally alter the global economic and geopolitical order should energy trade shift, supply chains reconfigure, payment networks fragment and countries rethink reserve currency holdings,” the IMF posted on its website […]
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