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34 results for "global trade"
Global trade in solar panels, batteries, and electric vehicles reached an all-time high of $479 billion last year, bouncing back from earlier declines. Countries shaken by volatile fossil fuel markets are betting bigger on renewable alternatives.
Global clean energy trade reached an all-time high of $479 billion in 2025, proving the transition to renewable power is unstoppable. Even with tariffs and economic headwinds, countries are betting bigger than ever on solar, batteries, and electric vehicles.
China shipped nearly 280,000 electric vehicles overseas in April alone, part of a global shift that saw EVs reach 25% of all car sales last year. The surge shows how quickly the world is embracing cleaner transportation, even as trade barriers rise.
Global clean energy trade bounced back to $479 billion in 2025, proving the green transition can withstand political headwinds. The numbers show countries are doubling down on renewable technology even during uncertain times.
Hapag-Lloyd and Kuehne+Nagel just proved that massive cargo ships can run cleaner without slowing down global trade. Their biofuel partnership will eliminate nearly 3,000 tons of carbon emissions on busy Asian shipping lanes this year.
A 168-year-old maritime welfare organization is reopening in Argentina to care for the nearly two million seafarers who keep global trade moving. The Mission to Seafarers will send chaplains to ships in Buenos Aires ports to offer emotional support to crew members who spend months or years away from home.
After a decade of negotiations, the European Union and Mexico are finalizing a major trade agreement that will boost opportunities for over 45,000 companies and strengthen ties between the regions. The deal comes at a crucial time as global trade faces new uncertainties.
A new international mediation body based in Hong Kong just resolved its first major maritime dispute between parties from China and Singapore. The breakthrough shows promise for peaceful conflict resolution in global trade.
Over two decades, Asia's integration into global manufacturing networks helped millions escape poverty as the region doubled its share of international trade. The Asian Development Bank reports developing Asian economies now handle 18% of global value chain trade, up from just 9% in 2000.
Morocco's Tanger Med port complex just became the 17th largest container port in the world, handling over 11 million containers in 2025 while supporting 145,000 jobs. The Mediterranean hub is now competing directly with European giants like Hamburg and Antwerp.
Vietnam and South Korea are joining forces to build a major nuclear power plant, strengthening energy security while boosting their economic partnership to $150 billion by 2030. The collaboration comes as both nations work to stabilize supply chains amid global trade disruptions.
PwC Singapore is launching a $4 million Trade Advisory Hub to help businesses navigate global trade challenges while creating high-value jobs for Singaporeans. The hub will use AI-powered tools to give companies end-to-end support for growth across Asia and beyond.
Singapore, Malaysia, and Indonesia are strengthening their partnership to keep the Straits of Malacca and Singapore safe for shipping. This vital waterway carries more crude oil and petroleum than any other passage on Earth.
Iran reopened the Strait of Hormuz to commercial ships as Israel and Lebanon agreed to a 10-day ceasefire, sending oil prices down 11%. The move offers hope for easing tensions in a region that handles one-fifth of the world's oil supply.
China's economy beat expectations in the first quarter, expanding 5% despite global uncertainty from the Iran war. The growth signals resilience in the world's second-largest economy, though challenges remain ahead.
Nearly 96,000 Vietnamese businesses launched or reopened in early 2026, showing a 32% jump that signals remarkable entrepreneurial spirit. Even as global trade tensions shake markets, Vietnam's industrial output grew 9% in the first quarter.
A new study shows ships running on liquified natural gas now cut greenhouse emissions by up to 29% compared to traditional diesel fuel. The improvement marks major progress in cleaning up the maritime industry, which moves 90% of global trade.
Wale Ayantoye, founder of GiriToday, has been selected to join Semafor World Economy Principals, a curated group of leaders shaping global trade and commerce. His platform helps African small businesses sell products worldwide by simplifying payments and shipping.
The Netherlands stopped growing roses but still dominates the global flower trade through genetics, robotics, and supply chain expertise. The country is exporting the brains of the operation instead of the blooms.
India celebrated the courage and dedication of its seafarers this Sunday, marking National Maritime Day with the theme "Empowering Progress." The event recognized the critical role maritime workers play in keeping global trade moving and driving economic growth.
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