Saudi Arabia Extends 1M-Barrel Oil Cut, Leaves Option to Deepen
Saudi Arabia has extended its unilateral oil production cut of 1 million barrels a day into September, and the country says it may extend or deepen the cuts further.
Canadian West Coast Ports Strike Ends, but Supply Chain Recovery Expected to Take Weeks
The 13-day labor strike at the West Coast ports in Canada has ended, as Canada’s Labor Minister and Transport Minister on Twitter announced.
FEMA has enlisted the services of Ukrainian cargo airlines to provide relief efforts in Guam
The Federal Emergency Management Agency (FEMA) has engaged the services of two Ukrainian cargo airlines to support emergency airlift operations for disaster recovery in Guam, despite objections from U.S. carriers.
The growth of Japan's exports has slowed down to its weakest pace since 2021 due to a decline in demand
Japan's exports have experienced their weakest growth in over two years, signaling a global economic slowdown and adding uncertainty to the country's growth outlook.
Negative opinions of China seem to be the only unifying issue in Congress
Both US Republicans and Democrats have been slamming China, making the tension between the two countries one of the only bipartisan issues on the docket.