Western Goods Available in Russia Despite Boycott: Impact of Parallel Import Scheme and Luxury Cars Withdrawal

Western Goods Available in Russia Despite Boycott: Impact of Parallel Import Scheme and Luxury Cars Withdrawal

Since Russia’s full-scale invasion of Ukraine on February 24, 2022, more than 1,000 foreign companies have announced their withdrawal from the aggressor country’s market. However, research by The Insider has revealed that, despite this boycott, various Western goods such as luxury cars, alcohol, carbonated drinks and clothing are available for purchase. The Russian government’s decision … Read more

Russian Army Witnesses Surge in Soldier Recruitment as Military Assistance to Ukraine Expands

Russian Army Witnesses Surge in Soldier Recruitment as Military Assistance to Ukraine Expands

Dmitry Medvedev, deputy chairman of the Russian Security Council, said after the Russian army opened up to recruit new soldiers throughout the year. About 280,000 people have already signed up for professional military service with the Russian army. It is part of a new round of military assistance to Ukraine, making the United States the … Read more

The Impact of War and Shipping Challenges on Russia’s Grain Exports

The Russian Federation does not have a sufficient number of sea grain carriers, and the interest of traders in wheat from Russia is falling against the background of the escalation of the war. The lack of ships in the Russian Federation and the decline in the interest of large grain traders in doing business with … Read more

Ukraine to Use Croatian Ports for Grain Exports, Boosting Food Security and Breaking Through Russian Blockade

Ukraine to Use Croatian Ports for Grain Exports, Boosting Food Security and Breaking Through Russian Blockade

Ukraine has agreed to use the ports of one of the European countries for export. Ukraine agreed to use Croatian ports for grain exports after Russia’s withdrawal from the Black Sea Grain Initiative. About it informed press service of the Ministry of Foreign Affairs of Ukraine after the talks between Minister Dmytro Kuleba and his … Read more

Predictions for the Czech Crown (Koruna) by the End of the Year – Analysts and Businesses Expect a Decline

Predictions for the Czech Crown (Koruna) by the End of the Year – Analysts and Businesses Expect a Decline

According to a survey conducted by HN,​ Czech ⁣businesses and analysts predict‌ that the koruna will weaken by the end of the year. The most common exchange rate expected by entrepreneurs and analysts ‌is 24.50 korunas per euro. The strong domestic currency has been causing significant complications for Czech companies dependent on exports​ to the … Read more

China Emerges as Top Destination for Papua’s Largest Exports

China Emerges as Top Destination for Papua’s Largest Exports

Jakarta – The Central Statistics Agency (BPS) for Papua Province said that China was one of the six destination countries export Papua’s largest. Its value is estimated to reach US$ 137.85 million or IDR 2.06 trillion (assuming an exchange rate of IDR 15,000) in June 2023. BPS Papua BPS Middle Statistics Functional Akhmad Fauzi, in … Read more

The Uncertain Future of US LNG Export Projects: Will the Boom Last?

The Uncertain Future of US LNG Export Projects: Will the Boom Last?

The energy crisis triggered a record increase in the number of projects for the export of LNG from the United States. There are now more than 36 million tons of contracts signed a year, giving America’s export capacity a huge boost. The volume of investments in 2023 in new infrastructure projects is growing at a … Read more

China Urges Dutch to Avoid Obstructing Semiconductor Cooperation

China Urges Dutch to Avoid Obstructing Semiconductor Cooperation

Jakarta – China urgent Dutch not to impede bilateral cooperation in the semiconductor sector. This was conveyed by the Ministry of Commerce of China in a statement. Quoted from Reuters, the two countries have communicated to discuss this matter. Last Friday, the Netherlands announced that it would close the export faucet for a number of … Read more

Certifying the Sustainability of Argentine Meat: Environmental Product Declaration and Measurement

The Institute for the Promotion of Argentine Beef (IPCVA) has announced a groundbreaking agreement with the National Institute of Industrial Technology (INTI) and the National Institute of Agricultural Technology (INTA) to implement an “environmental product declaration” that certifies the sustainability of Argentine meat. This initiative, presented at a technical conference in Córdoba, aims to not … Read more

De-Risking China: Understanding the New Buzzword in US and European Policies

De-Risking China: Understanding the New Buzzword in US and European Policies

New Buzzword Emerges as Policymakers Seek to “De-Risk” Relations with China In a surprising turn of events, policymakers in the United States and across Europe have recently embraced a new buzzword: “de-risking” relations with China. This term has gained popularity as a result of the sudden abandonment of the previously favored concept of “decoupling”, which … Read more