China trade weakens after cities shut down to fight virus

“Demand for Chinese exports is under pressure from high inflation and interest rate hikes in the United States and other major markets and consumer uncertainty about the economic outlook and job prospects.”

[Associated Press]

Russia publishes list of 'parallel imports' goods

“The document named the trademark holders to whom it said certain copyright provisions no longer apply. The list of goods ranged from car parts and construction materials to cosmetics, electrical equipment and textiles.”


Europe seeks to redraw trade routes as war strains alliances

“The signatories want faster negotiations with New Zealand, Australia, India and Indonesia, while speeding the implementation of accords agreed with Chile, Mexico and the Mercosur bloc of countries, which include Argentina, Brazil, Uruguay and Paraguay.”


Brussels proposes to stop Russian oil imports by the end of the year

“The embargo will be structured and gradual, giving member states up to six months to phase out purchases of Russian crude and until the end of the year to stop buying all sorts of refined oil products. The ban will apply to all Russian oil traded both via ports and pipelines.”

[Euro News]

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