Spain Azerbaijan’s main trade partner among Spanish-speaking countries
By Ayya LmahamadSpain was Azerbaijan’s largest trade partner among the Spanish-speaking countries in the first ten months of 2020, with trade between the two countries amounting to $398.1 million, the State Customs Committee has reported.The export of Azerbaijani products to Spain amounted to $328.4 million, during the reported period, while the import to Azerbaijan amounted to $69.6 million. It should be noted that the trade between the two countries amounted to $758.2 million during the corresponding period of 2019.Moreover, Brazil was Azerbaijan’s second largest trade partner in this catego...
Into the outdoors
Getting back to nature is always a great idea, yet sometimes it seems to be a trade off for modern conveniences. Thanks to the rise of camping sites across the nation that come well-equipped with amenities, we can have the best of both worlds. Bring out the adventurer in you while delighting in modern comforts. This may be the perfect time to explore Thailand’s abundant nature. Here’s where to head.Kachong Hills Tented ResortFor the camping adventurer in you, while being wallet-friendly, Kachong Hills Tented Resort is the place. A secluded campground enveloped by verdant forest, it’s a 20-minu...
The Bangkok Post
China-Russia trade likely to rise this year despite global stagnation
A woman and her child play around a sculpture of lion during the opening of the "Fairy Tales Path" at the "Residence of Grandfather Frost" in Moscow, Russia, Nov. 18, 2020. A total of 65 sculptures inspired by Russian and foreign fairy tales are installed along the path. (Photo by Alexander Zemlianichenko Jr/Xinhua)Despite fallout from the pandemic and disruptions to the world economy, trade between China and Russia, driven by profound political mutual trust and cooperation even in hard times, is strongly resilient and could expand this year to exceed the record $110 billion in 2019, with ener...
EU chief unsure of Brexit trade deal as year-end deadline looms
European Commission President Ursula von der Leyen told EU lawmakers on Wednesday that despite the "genuine progress" on several important issues in post-Brexit trade talks with London, she "cannot tell you today if there will in the end there be a deal."After months of deadlock, the head of the EU's executive branch told European Parliament that negotiators have made great strides on establishing terms of police and judicial cooperation as well as for social security arrangements."Also on goods, services and transport we now have the outline of a possible final text," the German politician sa...
Azerbaijan’s trade with Iran hits $274m in Jan-Oct 2020
By Ayya LmahamadAzerbaijan’s trade with Iran amounted to $274 million, thus making Iran Azerbaijan’s largest trading partner among the Persian Gulf countries in January-October 2020, the State Customs Committee has reported.Out of the total turnover, export from Azerbaijan to Iran amounted to $34.5 million, while the import from Iran amounted to $239.4 million. It should be noted that the trade between the two countries resulted in $422.6 million during the corresponding period of 2019. Thus, there was a decrease in trade between the two countries by $148.6 million.Moreover, during the reporte...
Israel stocks lower at close of trade; TA 35 down 0.45%
Investing.com -Investing.com – Israel stocks were lower after the close on Wednesday, as losses in the Communication, Technology and Biomed sectors led shares lower.At the close in Tel Aviv, the TA 35 declined 0.45%.The best performers of the session on the TA 35 were ICL Israel Chemicals Ltd (TASE:ICL), which rose 4.14% or 62 points to trade at 1560 at the close. Meanwhile, Elbit Systems Ltd (TASE:ESLT) added 2.58% or 1050 points to end at 41750 and Shapir Engineering Industry (TASE:SPEN) was up 2.28% or 54 points to 2425 in late trade.The worst performers of the session were Maytronics (TASE...
U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.58%
Investing.com -Investing.com – U.S. stocks were mixed after the close on Wednesday, as gains in the Technology, Consumer Services and Consumer Goods sectors led shares higher while losses in the Oil&Gas, Basic Materials and Telecoms sectors led shares lower.At the close in NYSE, the Dow Jones Industrial Average declined 0.58%, while the S&P; 500 index declined 0.12%, and the NASDAQ Composite index climbed 0.56%.The best performers of the session on the Dow Jones Industrial Average were Walgreens Boots Alliance Inc (NASDAQ:WBA), which rose 1.64% or 0.63 points to trade at 39.15 at the close. Me...
China's trade with N. Korea down to record low in Oct. amid pandemic
The total volume of China's trade with North Korea plunged to its lowest level in October, foreign affairs experts said Tuesday, underscoring how the North Korean economy has been hit hard by the novel coronavirus pandemic.China's trade with North Korea plummeted 92 percent from a month earlier to $1.66 million in October, while its exports to the neighbor also dropped 98 percent to $253,000, the General Administration of Customs said Monday.The trade volume between China and North Korea fell to a record low since comparable data became available in 1998, the experts said.North Korea has cut o...
Free market and free trade policies- are they right for developing countries?
In reviewing Africa’s inherited capitalism model, there is a need to re-examine some of the popular narratives about how countries like Britain and the US developed, as well as the role their governments play in their economies especially in times of crises.In the first place, the idea that these countries became economically strong because of free market ideology and free trade economic policies could be considered as somewhat misleading. Misleading especially for developing countries because these two concepts or ideologies seem to be models they are unwittingly following without bearing in ...
Israel stocks higher at close of trade; TA 35 up 1.89%
Investing.com -Investing.com – Israel stocks were higher after the close on Tuesday, as gains in the Banking, Financials and Insurance sectors led shares higher.At the close in Tel Aviv, the TA 35 rose 1.89% to hit a new 6-months high.The best performers of the session on the TA 35 were Elbit Systems Ltd (TASE:ESLT), which rose 5.93% or 2280 points to trade at 40700 at the close. Meanwhile, Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) added 5.87% or 21.5 points to end at 387.5 and Melisron (TASE:MLSR) was up 5.48% or 870 points to 16760 in late trade.The worst performers of the session...