Global Trade

One megaship - the Ever Given operated by Evergreen Marine of Taiwan - single-handedly blocked as

Photo: International Maritime Organization (used under Creative Commons license)

MV Wakashio, a Panamanian-flagged bulk carrier owned by Nagashiki Shipping and chartered by Mitsu

Photo: Amit Agarwal (used under Creative Commons license)

Amazon’s relentless expansion around the world has met with serious headwinds in India and in Eur
The Coalition of Immokalee Workers (CIW) plans to hold a protest outside the offices of Nelson Peltz, board chair of Wendy’s fast food restaurants from March 15-18. The protest will highlight ongoing human rights abuses faced by the agricultural workers in Mexico who pick tomatoes for the chain.
Takata, the Japanese auto parts maker, will pay a $1 billion fine to the U.S. government after pleading guilty to hiding information about the likelihood that the company’s car air bags could accidentally explode. Takata air bags have been linked to at least 17 deaths around the world.
A proposal made by Europe's top environment official, to ban the planting of a genetically modified corn strain produced by companies like Syngenta and Monsanto, sets up a bitter war within the European Union.
Growing concerns over the safety of everyday goods manufactured in China and imported to the US have thrown into relief the problematic (and dangerous) differences in safety and regulatory standards between the two countries.
H&M (Hennes & Mauritz), a major Swedish "fast fashion" retailer, led 30 international companies this week to commit to a new $3 billion fund to improve the safety of garment factories in Bangladesh. Watchdog organizations say the companies acted only because of external pressure by activists and workers.
A controversial Kuwait-based construction firm accused of exploiting employees and coercing low-paid laborers to work in war-torn Iraq against their will is now building the new $592-million U.S. embassy in Baghdad. Listen to an interview with David Phinney about this article on CorpWatch Radio.
He may not be comfortable discussing unrest in East Timor, or pronouncing the name of the leaders of Turkmenistan, but President-elect George W. Bush considers the rest of the Western Hemisphere "our backyard" and will have several opportunities in his first year in office to make Latin America a trade and foreign policy priority.