Kenya, Uganda and Tanzania are major importers of used garments from the West and China.
While China’s oil and gas imports from Gulf nations plunged in April amid the Strait of Hormuz crisis during the US-Israeli war on Iran, shipments from Russia have provided Beijing with a partial buffer for its growing economy. Russia’s crude shipments to China rose 11.3 per cent year on year to nearly 9 million tonnes in April, according to Chinese customs data released on Wednesday. But market conditions have also shifted. Much of the discount on Russian oil and gas – long a source of cheap...
The world's third-largest oil importer announced increased fuel prices and austerity measures due to the energy crisis.
Prime Minister Narendra Modi’s recent call for austerity has raised questions about the state of India’s economy amid the West Asia conflict. From rising oil and gold imports to pressure on the middle class, what do these warnings really mean? In this episode of Talking Politics, we break down the economic concerns and what lies ahead.
Association says the measure aims to help reduce gold imports, asks government to immediately ban ETFs, digital gold sales and restrict gold importers, channelling agents and bullion dealers