That time of free trade and the unfettered flow of capital has passed, and industrial policy will be the primary organizing framework for trade, technology transfers and global finance. … READ MORE >
global trade
Friend-shoring and a new era of U.S. trade
Fragmentation of economic, financial and trade relationships is now the norm as trading and security blocs continue to form around the world. … READ MORE >
How attacks on ships in the Red Sea are affecting trade
Trade through the Red Sea accounts for 15% of total global sea trade, including vital supplies of grains, seaborn liquid natural gas and oil. … READ MORE >
Carbon pricing—in the spotlight at COP26—could mean big shifts for global trade
Though long touted by economists as the solution to reduce carbon emissions and tackle climate change, carbon pricing has for years been mostly abstract. Discussions at COP26, however, indicate the textbook solution might soon become a reality for more than a few select countries and industries. … READ MORE >
3 things to know this week in energy: Suez Canal blockage, oil field deals, carbon pricing
Biweekly, we round up news and analysis about three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
CHART OF THE DAY: Unexpected risk and a blocked Suez Canal
Just when optimism was returning to the global economy, a shortage of microchips threatens the automobile industry and a container ship gets stuck in the Suez Canal, threatening the global supply chain. … READ MORE >
Container crunch pushes shipping rates to record highs
Surging demand for Asian imports and a shortage of containers are congesting U.S. ports, causing headaches for companies importing from Asia, skyrocketing shipping rates and surging purchase prices for containers. … READ MORE >