Russian lawmaker floats bitcoin as payment option for energy exports as the country moves away from euros and dollars

A senior lawmaker in Russia’s State Duma has expressed openness to selling the country’s energy in Bitcoin, following major moves away from the dollar and euro. Pavel Zavalny, who heads th...

Exports In 2020 Were Weak

The world was shook by the pandemic in 2020. But how did it affect the international trade in wine? Superficially, one might say, “not much at all”. But looking at the details there is no doubt that i...

Oil market heads for ‘biggest supply crisis in decades’ with Russia’s exports set to fall, IEA says

Three million barrels per day of Russian oil output is at risk beginning in April as sanctions hit and buyers shun the nation’s exports, the International Energy Agency said Wednesday. “Th...

Russia Set to Ban Commodity Exports Following Western Sanctions

President Vladimir Putin, pictured Tuesday, gave his cabinet two days to create a list of commodities and of countries subject to a new export ban. Photo: handout/Agence France-Presse/Getty Images Rus...

Percent Of U.S. Oil Imports From Russia Highest In Decades — At 3.5%

President Vladimir Putin’s Russia is a large exporter of oil to the world, but not the United … [+] States. Getty Images Some members of the U.S. Congress suggested Thursday that the Unite...

Energy Dominates The Geopolitical Equation In Russia/Ukraine Dispute

BERLIN, GERMANY – FEBRUARY 07: German Social Democratic party SPD candidate for chancellor Olaf … [+] Scholz looks on during a two-day party meeting on February 07, 2021 in Berlin, Germany...

Lithuanian exports nearly obliterated from China market amid Taiwan row

Lithuania’s exports to China suffered a near-total collapse in December, amid a blazing row over the Baltic state’s support for Taiwan. Chinese government customs data released on Thursday...

U.S. Trade Merchandise Deficit Topped $1 Trillion For First Time In 2021

The sunset illuminates the scene of dozens of container ships siting off the coast of the ports of … [+] Los Angeles and Long Beach, waiting to be unloaded last fall. Los Angeles Times via Getty...

December trade data, imports and exports

Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019. Aly Song | Reuters BEIJING — China’s exports grew slightly more than expected in December, while imports rose less than expe...