The Jawaharlal Nehru Port Trust will be hosting an edible oil refinery on their land after edible oil industry leaders communicated their desire to refine raw material at the biggest container port in India. The JNPT, which handles 55% of all the container traffic at India's major ports, has an existing liquid cargo terminal to transport the raw and finished materials of the edible oil refinement process. The Edible Oil Refinery is Expected to Increase Profits The edible oil refinery will receive its raw material from … [Read more...] about New Edible Oil Refinery to Open in India’s Biggest Container Port
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China is Playing a Long Game but Could Come out on Top
Chinese Economic Performance in the Long-Run Beginning in 1978, the Chinese economy launched its transition from a strict centrally planned economy to a far more market-based system. Though the Chinese state still retains significant control over regulation and large segments of the economy, the decision to introduce market mechanisms and open trade paved the way for China’s explosive economic growth through the 2000s and to the present day. China remains the world’s largest economy by purchasing power, until 2015, its fastest-growing. … [Read more...] about China is Playing a Long Game but Could Come out on Top
Container Shipping Booming at Panama Canal
Full steam ahead. The Panama Canal's container shipping segment is expected to continue to grow over the next several years. That's the word from Argelus Moreno de Ducreux, head of the Canals Liner Services Segment. In an interview with Hellenics Shipping News, he said all of the Canal's shipping segments are growing steadily. But it is the container segment that has experienced the strongest growth since the Expanded Canal was finished in 2016, de Ducreux said. His comments came In March, shortly after he spoke at the Intermodal … [Read more...] about Container Shipping Booming at Panama Canal
90-Day Tariffs Cease-Fire To Shield Us From China Trade War – Trump, Xi Agree
Recently, tension has arisen between the two largest economic superpowers in the world, as the president of the United States, Donald Trump, negotiates a new agreement with Chinese President, Xi Jinping. In an effort to keep their current trade war from escalating, a promise has been made to temporarily halt the implementation of any new trade tariffs. Saturday, after a long-anticipated dinner in Argentina, amidst the Group of 20 Summit, Trump and Xi finally reached a truce. The two world leaders intensified their trade discussion, agreeing … [Read more...] about 90-Day Tariffs Cease-Fire To Shield Us From China Trade War – Trump, Xi Agree
10 Countries that Secure the Most Direct International Investments
Every year, trillions of dollars are traded and exchanged worldwide between several countries. Some countries receive more money than others while other countries invest more than others. Every state does this for different reasons. In this article, I am going to be going over the top 10 nations that receive the most foreign direct investment. 10. France The country of France collected $42.3 billion dollars worth of net foreign direct investment. After Tokyo, Paris is host to the second most multinational headquarters. 9. India Back in … [Read more...] about 10 Countries that Secure the Most Direct International Investments