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International Monetary Fund forecast: Stable growth but uncertain outlook for global economy
The International Monetary Fund (IMF) has released its latest forecast on global economic growth, outlining a picture characterized by apparent stability but with future prospects laden with uncertainty. According to the World Economic Outlook, global economic growth...
Gold and Silver at Historic Highs: Price Growth Driven by Geopolitical Uncertainties and US Elections
The price of gold reached a new all-time high, surpassing $2,748.36 an ounce, driven by uncertainty related to the approaching US presidential election and conflicts in the Middle East. Investors are flocking to the gold market, long considered a safe haven asset in...
End of the ILA Port Strike: Impacts on Imports, Exports and Logistics Rates
The recent International Longshoremen's Association (ILA) dockworkers' strike ended last Thursday after the union accepted the United States Maritime Alliance's (USMX) offer of a 62 per cent wage increase over the next six years. This decision also marked the...
Canadian Government Imposes Duties on Chinese Steel and Aluminium: A Crucial Step in Protecting National Industries
As previously announced by Commodity Evolution's research department the Government of Canada has announced the imposition of a 25% tariff on a range of steel and aluminium products from China. This decision represents a strategic step in Canadian trade policy,...