How Has Covid Affected Global Trade?

The FINANCIAL — Covid-19 (Covid) caused a significant decline in global trade in 2020, particularly in services trade. Also, imbalances in regional trade contributed to a significant rise in shipping costs. The Covid pandemic has caused significant disruption to global trade.…

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Why Every Beginner Trader Should Use a Mentor

The act of trading stocks and shares is more accessible today than ever before, and everyone has to start somewhere. Even behemoths of the industry like Warren Buffett placed their very first trade in the distant past, well aware that they had…

6 mins read

Spreading the Gains from Trade More Widely

The FINANCIAL -- Global trade has contributed to growth and poverty reduction in the past three decades, but gains from trade can be more inclusive, the World Bank said today. Spreading the benefits of trade more widely, within and between countries, can…

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Trade or Invest: Which Wealth-Building Strategy Should You Choose?

Trading and investing are often used interchangeably in financial speak. While the two involve exposure to financial markets like the stock market, they are actually different strategies. A few key factors must be considered before choosing whether trading or investing, or a…

5 mins read

EUROCHAMBRES calls for free trade between Turkey and EU

The FINANCIAL — EUROCHAMBRES has called for every effort to be made to ensure free trade between the EU and Turkey, and underlined its opposition to economic barriers, including boycotts of EU products. EUROCHAMBRES, the European association of chambers of commerce &…

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External Merchandise Trade of Georgia in January – August 2020

National Statistics Office of Georgia published preliminary data of the External Merchandise Trade of Georgia in January-August 2020. the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 7 022.8 million, 16.7 percent lower to the same period of 2019. The…

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US Department of State report says that Georgia is an open market

The FINANCIAL — The U.S Department of State published a report. It said that Georgia is a small but open market that derives benefits from international trade, tourism, and transportation. While it is susceptible to global and regional shocks, the country has made…

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Top trading partners of Georgia (January – June 2020)

The FINANCIAL — National Statistics Office of Georgia published preliminary results of External Merchandise Trade of Georgia and The Domestic Exports in January – June 2020. Copper ores and concentrates reclaimed the first place in the list of top export items, equaling USD 332.4…

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External Merchandise Trade of Georgia in January – June 2020

The FINANCIAL — National Statistics Office of Georgia published express data of External Merchandise Trade of Georgia in January – June 2020. The trade deficit of Georgia equaled USD 2 065.4 million and its share in trade turnover constituted 40.7 percent. External Merchandise Trade of…

4 mins read