The Russian economy witnessed considerable economic strain following Russia’s invasion of Ukraine and the imposition of sanctions by the United States and its partners.This led to a contraction of…

The US dollar was the most common currency in foreign exchange reserves in 2020, comprising more than three times the amount of the euro in global reserves that year.It is not just because the US is…

China's biggest company — the utility giant State Grid — is the third most lucrative company globally, trailing only Walmart and Saudi Aramco.

UNRWA director warns that the agency's operations could come to a halt by March at a time when Palestinians in Gaza are under the threat of starvation

Ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis. According to the Xeneta ocean freight rate benchmarking platform, market average short-term…

What can we expect in 2024? Record global temperatures with increasingly harmful effects, a cost-of-living crisis, and escalating tensions in the Middle East

Carbon emissions generated during the first two months of the Gaza war exceeded the annual carbon footprint of more than 20 of the world's most climate-vulnerable nations

With 80% of the global goods trade transported by sea, the global economy relies heavily on the shipping industry 

With inflation impacting markets and international interest rates for more than a year, the outlook on inflation remains uncertain. However, the International Monetary Fund (IMF) expects most…

International trade is coordinated through numerous shipping lanes worldwide. According to the International Maritime Organisation (IMO), about 90% of goods moved globally travel by ocean – however,…