Blockchain in Global Trade Logistics: Applications and Benefits

Global trade is one of the cardinals of the global economy. So ensuring security, reliability, and transparency is of utmost urgency in cross-border trading. The advent of modern technologies and electronics has done its...

How Brexit Impacted European Trade Dynamics

Britain has been a dominant economic power house in Europe. In the past, the nation excelled at trading becoming the global superpower unrivalled. The UK became part of the European Economic Community essentially the...

Trump Effect: Tariffs on US Consumer Market

Trump has already imposed 25% tariffs on imports from Mexico and Canada. This is mainly aimed at reducing drug trafficking and illegal immigration. An economic slap on both of the neighbors to comply with...

How Geopolitics’ Impact on Global Trade Patterns?

Politics shapes the policies implemented in every aspect of world affairs. Global economy and international trade are no strangers to the purview of politics. In this case, geopolitics plays a more profound role in...

What are the Roles of Technology in Modernizing Trade Practices?

Science and technology have brought revolutionary changes in every aspect of human civilization. The global economy has drastically changed since the Industrial Revolution. It brought about a massive shift towards international trade. The digital...

How to Reduce Carbon Footprint in the Shipping Logistics Industry?

Keeping up with the ever-increasing scale of global trade, the shipping logistics industry has evolved. This industry has become the lifeblood of the global economy. Modern shipping logistics have connected producers with consumers directly....

How Import and Export Impact Local Economies

Usually, when we think of import and export, we think about international trade and the global economy. But import-export activities have reverberating effects on the local economy. They connect domestic businesses to the international...

China’s Recent Exports’ Data: Exceed All the Forecasts

December 2024 has been a hectic month for factories across China. Businesses placed huge number of orders to avoid the looming tariff rates. Exports in December beat the previous forecast of 7% reaching 10.7%...