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Marketplace (August 31)

2023/ 08/ 31 by jd in Global News

“After more than half a century in which the United States boasted a near-lock on being the world’s leading exporter of corn, the distinction has shifted to Brazil…. The reordering of the corn hierarchy follows a similar erosion of U.S. dominance in exports of other staple commodities, like wheat and soybeans, over the last decade or so.”

 

Washington Post (June 9)

2023/ 06/ 10 by jd in Global News

China is now “the world’s leading exporter of automobiles, handily ousting Japan from that position. It is especially strong in electric vehicles. Two of every three EVs made in the world are made in China. As we think about China’s weaknesses these days (and it has several), it is worth remembering China’s formidable strengths and the degree to which it is intertwined into the global economy.”

 

Bloomberg (March 1)

2022/ 03/ 03 by jd in Global News

“First BP, then Shell. In just two days, Britain’s twin energy giants have dumped Russian investments nurtured over decades and shut themselves out of the world’s largest energy exporter, probably forever.” The moves will “put pressure on remaining foreign investors, including Exxon Mobil Corp. and France’s TotalEnergies SE, to follow suit as Russia’s war in Ukraine forces a dramatic rupture with the global economy.”

 

Bloomberg (July 15)

2018/ 07/ 15 by jd in Global News

“As the world’s largest exporter, China continues to benefit from robust global demand, but the increase in tensions and trade barriers with the U.S. is weighing on the outlook…. President Xi Jinping may ultimately have to choose between softening his multi-year campaign to control debt levels, or letting growth dip below the target of 6.5 percent.”

 

BBC (June 18)

2017/ 06/ 20 by jd in Global News

“Coffee production in Ethiopia, the birthplace of the high quality Arabica coffee bean and Africa’s largest exporter, could be in serious jeopardy over the next century unless action is taken.” According to a study by Kew Gardens, “current coffee growing areas in Ethiopia could decrease by up to 60% given a temperature rise of 4C by the end of the century.”

 

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