Iron and steel led the dynamism of world trade in manufactured goods in the third quarter of 2021, reported the World Trade Organization (WTO). Overall and at a year-on-year rate, the volume of world merchandise trade fell 0.8% in the third quarter of 2021, In terms of its
The main reason for the decline in merchandise trade volume (-0.8%) in the third quarter was due to the weakness of forecasted imports in North America and Europe, the WTO reported. This resulted in a reduction in exports from those regions and also from Asia. In particular, Asian
The automotive industry continues to adopt advanced technologies for cellular connectivity and computing from mobile devices, according to the company Qualcomm. Based on analyst data, more than 70% of new vehicles sold in 2027 are projected to have built-in cellular connectivity, compared to 55% in 2020 (Strategy Analytics,
The Ministry of Economy, Trade and Industry of Japan uses big data to boost tourism and has optimized the use of the Regional Economic and Society Analysis System (RESAS) for specific data for that purpose, the Bank Asian Development (ADB) noted. With this, it allows searches aimed at
The UK is a leader in the composites industry and represents opportunities for US companies in the aerospace, defense, wind power and automotive sectors, recommended the Department of Commerce. From a general perspective, the UK economy is recovering and is expected to reach pre-crisis levels in early 2022.
Cobalt Blue is seeking partners for the Broken Hill Cobalt Cobalt Mining and Processing Project in Australia. According to the Australian government, there are opportunities for new equity or purchase partners and advanced discussions are expected in 2022, when the demonstration plant goes online and the Feasibility Study