Trump’s Tariffs Awaken “Sleeping Europe” to Fire Back

On June 1st, the Trump administration began to impose a 25% import duty on steel and a 10% duty on aluminum in Europe, Mexico and Canada. In response, The European Union (EU) had introduced...

Trump’s Oil Ban On Iran Raises Risks of Oil Price Spike

U.S. President Trump’s “withdrawal” from Iran nuclear deal has sent shockwaves through the Iranian economy. The tension has been escalated when US Secretary of State Mike Pompeo announced a list of 12 demands of...

China and EU to Stand Together in Meeting Challenges

Waves of media headlines concerning tariff war between China flood almost every corner of the world. The US president Donald Trump seems to be hellbent on reviving protectionism and has successively declared tariffs or...

US is Becoming the Second Most Attractive Renewable Energy Market in the World

EY’s Renewable Energy Country Attractiveness Index shows that the United States has moved ahead to the second only to China. While it ranked the third last year because of Trump’s fossil fuel industry revival...

2018-2022 China Cross-border E-commerce Transaction Forecast

China has become the largest e-commerce market in the world, accounting for over 40% of the global transaction. Local news released that Chinese cross-border e-commerce transaction reached $1.01 trillion in 2016, the figure surpassed...

China on the Blockchain: World’s First All-Blockchain Commodity Trade Completed Here

Chinese petrochemical company Sinochem Energy Technology Co. Ltd., the subsidiary of Sinochem Corporation has successfully completed world’s first all-blockchain commodity trade in 2018. The shipment of gasoline export departure from Quanzhou to Singapore marks the...

Transformation of Ford: Mustang, Focus Crossover Will Be Only Ford Cars on the Market...

The company which established more than a century ago by Henry Ford moved America from a carriage to a car. Today, the Ford that changed our world is experiencing another transformation as the transportation...

Iran Bans More Than 1,000 Imports Goods in Response to U.S. Sanctions

US President Donald Trump on May 9 announced to pull out of the 2015 Iran nuclear deal. On May 21, US Secretary of State Mike Pompeo announced a list of 12 sanctions against Iran...

Will OPEC Listen to Trump to Raise Oil Output?

The White House has asked Saudi Arabia and some other OPEC producers to increase oil production under the table, but did not determine a specific number, according to three OPEC and industry sources on...

The Iran Oil Lever Over Trump by China is Playing Out at OPEC Meeting

The U.S. trade dispute with China is likely to determine in a roundabout way how successful the U.S. is in imposing sanctions on Iran’s oil, and that uncertainty is likely to emerge in OPEC. In...

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Would Blockchain Become the Future of World Commodity Trade?

With digital revolution infiltrating in the world market, newly evolved distributed ledger technologies are transforming the commodity sector. Blockchain, in simple words, is a...

2018 World Coal Price Forecast