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Canadian Industry Alert: Chinese Overcapacity and the Threat to Steel, Aluminium and Electric Vehicles
In a joint statement, Catherine Cobden, President and CEO of the Canadian Steel Producers Association, and Jean Simard, President and CEO of the Aluminium Association of Canada, raised growing concerns about the impact of Chinese overcapacity on Canadian markets. The...
Gold Under Pressure: Prices Fall as Market Waits for US Interest Rate Indications
Today, Friday 9 August 2024, gold prices remained subdued, with the week characterised by an overall decline, as investors await further signals on the extent of a possible interest rate cut in the United States scheduled for September. At 10:36 a.m. Italy time, spot...
US Expands Import Ban: Five Chinese Companies Accused of Human Rights Violations
On Thursday, 8 August 2024, the United States expanded its ban on imports from five new Chinese companies accused of human rights abuses against Uyghurs, a Muslim ethnic minority in the Xinjiang region. This measure is part of the US government's broader initiative to...
Exponential Growth of the Mining Industry in Jamaica: An Analysis of the First Quarter of 2024
In the first quarter of 2024, the mining industry in Jamaica recorded remarkable growth, marking a 33.6 per cent increase in export earnings, according to data released by the Statistical Institute of Jamaica (STATIN). This result represents a significant turning...