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Sri Lankas Ministry of Finance recently announced that it has decided to lift import restrictions on 286 items as the domestic economy stabilizes, a new sign that the South Asian country is beginning to get out of the worst economic crisis in decades.

The Djibouti Ports and Free Zone Authority recently announced that from June 15, 2023, all goods discharged in Djibouti ports, regardless of their final destination, will be required to hold an Electronic Freight Tracking List (ECTN) certificate.

The U.S. transportation industry is once again under severe test. The Seattle port on the west coast of the U.S.ly stopped port freight operations on June 10 due to labor disputes, which could have a major impact on trade between Asia and the United States.

Recently, the U.S. trade deficit in April expanded to the highest level in six months, mainly due to increased imports and decreased exports.If this trend continues, trade could have a negative impact on economic growth in the second quarter.

The Bank of Germany recently released its annual bankruptcy research report, which points out that a wave of debt defaults for U.S. and European companies is about to come due to radical interest rate hikes over the past year.

In today’s globalization, changes in the currency market have a profound impact on business operations. Recently, the performance of the dollar in the global exchange market has attracted widespread attention.