global trade

The Supreme Court has stripped Trump's 'emergency' tariffs of their legal basis, triggering a scramble to recover fiscal losses

Countries under the most pressure include key BRICS members, but even some allies like Canada have been hit hard. Those in the 10% club seem to have gotten the best deal. Who are they?

With India set to become the world's third-largest economy, the country's global ambitions are coming into clear focus

Trump's tariffs are a bold move based on an economic vision claiming to protect domestic industries. However, they come at a high cost to international trade relations.

The president-elect wants the sovereign territory of friendly nations because China has designs on them

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…

At least 50 affected countries, a 40% decline in Suez Canal revenues, and German car factories pause production. Al Majalla lays out the economic impact of Red Sea disruptions in numbers.

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

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,…

For 150 years, the narrow passageway has been at the heart of the world's maritime prosperity, but it could soon face competition