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the introduction
Peace be upon you. We will talk about commercial news.I hope you enjoy our distinguished article with your presence.
About global trade
During the past week, the world witnessed a series of events that affected various sectors of the growing global economy. On the one hand, some events promised further developments and expansion not only in international trade but also in specific countries. On the other hand, some events may adversely affect or change certain aspects of global trade including the economy of the country in question specifically.
During the past week, the world witnessed a series of events that affected various sectors of the growing global economy.
On the one hand, some events promised further developments and expansion not only in international trade but also in specific countries.
On the other hand, some events may adversely affect or change certain aspects of global trade including the economy of the country in question specifically.
Existing prices
Oil prices are falling in the global market. The whole week is full of good news for oil importers around the world.Since Monday, the price of oil has fallen by $2 per barrel on the global market. Before that, the value of oil continued to increase due to supply disruptions in Iraq as well as in Nigeria.According to the report of Mohamed ElBaradei, Director of the International Atomic Energy Agency, Iraq plans to enable its production of nuclear fuel.
Oil prices are falling in the global market.
The whole week is full of good news for oil importers around the world.
Since Monday, the price of oil has fallen by $2 per barrel on the global market.
Before that, the value of oil continued to increase due to supply disruptions in Iraq as well as in Nigeria.
According to the report of Mohamed ElBaradei, Director of the International Atomic Energy Agency, Iraq plans to enable its production of nuclear fuel.
commercial discussion
Discussion on this issue is currently ongoing.The IAEA will address the issue at its scheduled meeting on March 6, after which the report will be handed over to UN security for final assessment.The reason for the drop in the price of oil by about $2 in the global market is due to a failed terrorist attack that took place in the largest oil factory in Saudi Arabia. Although the situation was immediately taken under control by the Saudi forces who were raised to high alert due to the tension. Although the oil supply inside the country has not been interrupted despite the attack. The value of light crude oil decreased by $1.91, while the price of Brent crude fell to $1.61.But the opposite situation is happening in Nigeria.
Discussion on this issue is currently ongoing.
The IAEA will address the issue at its scheduled meeting on March 6, after which the report will be handed over to UN security for final assessment.
The reason for the drop in the price of oil by about $2 in the global market is due to a failed terrorist attack that took place in the largest oil factory in Saudi Arabia.
Although the situation was immediately taken under control by the Saudi forces who were raised to high alert due to the tension.
Although the oil supply inside the country has not been interrupted despite the attack.
The value of light crude oil decreased by $1.91, while the price of Brent crude fell to $1.61.
But the opposite situation is happening in Nigeria.
The high price of oil
Recently, the price of oil has risen to more than two dollars per barrel.The sudden increase was affected by the news of the Saudi terrorist attack. Moreover, another explanation was that the oil supply in the Nigerian region was cut by about 13,000 barrels per day due to the discovery of a leak.As a result of the existence of a series of threats and armed attacks within the region, the price of oil rose.
According to energy analysts, the improvement in the price of oil in the global market could have been better.
However, there are many factors (such as the oil market's focus on short-term inventory data) that prevent a more positive outcome.
For now, the price of oil remains close to $61 a barrel as a result of Algeria's appeal to OPEC for market stability.
Recently, the price of oil has risen to more than two dollars per barrel.
The sudden increase was affected by the news of the Saudi terrorist attack.
Moreover, another explanation was that the oil supply in the Nigerian region was cut by about 13,000 barrels per day due to the discovery of a leak.
As a result of the existence of a series of threats and armed attacks within the region, the price of oil rose.
According to energy analysts, the improvement in the price of oil in the global market could have been better.
However, there are many factors (such as the oil market's focus on short-term inventory data) that prevent a more positive outcome.
For now, the price of oil remains close to $61 a barrel as a result of Algeria's appeal to OPEC for market stability.
Shell
Meanwhile, Shell, the third-leading oil company, made total profits of $23 billion last year. This should be reason enough to make a big celebration, but this so-called giant oil company is currently facing work to improve and increase its oil resources. According to reports, Shell only managed to replace between The success of these projects will certainly enhance the company's future capabilities.Many regions, most notably the eastern coast and Nigeria, face problems with regard to oil supplies. This problem may eventually lead to changes in the price of fuel.
Meanwhile, Shell, the third-leading oil company, made total profits of $23 billion last year.
This should be reason enough to make a big celebration, but this so-called giant oil company is currently facing work to improve and increase its oil resources.
According to reports, Shell only managed to replace between
The success of these projects will certainly enhance the company's future capabilities.
Many regions, most notably the eastern coast and Nigeria, face problems with regard to oil supplies.
This problem may eventually lead to changes in the price of fuel.
results of this situation
This situation is mainly caused by a shift in the chemical used in the fuel refining process. Previously, MTBE (methyl tert-butyl ether) was used during the process.Which led to the existence of problems such as water pollution. As an alternative, fuel companies in the United States, especially in the East Coast and Texas, use ethanol. The problem, however, is that ethanol is not produced in abundance within the country. Moreover, the fuel refining needs are greater than the amount of available reserves.
This situation is mainly caused by a shift in the chemical used in the fuel refining process.
Previously, MTBE (methyl tert-butyl ether) was used during the process.
Which led to the existence of problems such as water pollution.
As an alternative, fuel companies in the United States, especially in the East Coast and Texas, use ethanol.
The problem, however, is that ethanol is not produced in abundance within the country. Moreover, the fuel refining needs are greater than the amount of available reserves.
Campaign for energy independence
The campaign for energy independence in the United States is also receiving negative feedback.
Critics such as Tom Friedman of The New York Times commented that the government should focus on other, more relevant issues apart.
Claiming that while energy independence may be motivated by noble purposes may not be the wisest move right now. The government should look for other, more practical alternatives.
Besides, large energy independence demands can be allocated in the budget to other sectors of the economy and government.
Various automobile companies continue to grow and expand in the global market.
The campaign for energy independence in the United States is also receiving negative feedback.
Critics such as Tom Friedman of The New York Times commented that the government should focus on other, more relevant issues apart.
Claiming that while energy independence may be motivated by noble purposes may not be the wisest move right now.
The government should look for other, more practical alternatives.
Besides, large energy independence demands can be allocated in the budget to other sectors of the economy and government.
Various automobile companies continue to grow and expand in the global market.
Auto industry
The discussion of oil issues leads us to another important area, which is the automotive industry.
In general, car companies recorded remarkable developments and expansions during this week.
The leading Chinese automaker is said to have paid £1.8m for the 105-acre plant.
Nanjing stunned the global auto industry in July 2005 when it bought MG Rover for around £53m, outsmarting its Chinese rival, Shanghai Automotive Corp.
The discussion of oil issues leads us to another important area, which is the automotive industry.
In general, car companies recorded remarkable developments and expansions during this week.
The leading Chinese automaker is said to have paid £1.8m for the 105-acre plant.
Nanjing stunned the global auto industry in July 2005 when it bought MG Rover for around £53m, outsmarting its Chinese rival, Shanghai Automotive Corp.
cars companies
This big step is part of the company's vision to become one of the leading car brands in the world.
This big step is part of the company's vision to become one of the leading car brands in the world.
Honda company
Honda Motors is also getting more attention from the international auto market after it revealed its plans to produce a low-priced hybrid version of its compact Fit.
The automaker plans to release the hybrid design next year.
However, Honda representatives made it clear that the hybrid technology will only be distributed on a smaller scale. This is due to the extremely expensive production cost of the design.
However, Honda is also developing smaller battery and motors that should help reduce the cost of hybrids in the future.
This project is part of Honda's goal to overcome the problem of high gasoline consumption through specially designed cars.
Apart from Honda, the other companies that have joined the hybrid car market are Ford and Toyota.
Honda Motors is also getting more attention from the international auto market after it revealed its plans to produce a low-priced hybrid version of its compact Fit.
The automaker plans to release the hybrid design next year.
However, Honda representatives made it clear that the hybrid technology will only be distributed on a smaller scale. This is due to the extremely expensive production cost of the design.
However, Honda is also developing smaller battery and motors that should help reduce the cost of hybrids in the future.
This project is part of Honda's goal to overcome the problem of high gasoline consumption through specially designed cars.
Apart from Honda, the other companies that have joined the hybrid car market are Ford and Toyota.
Ford Motor Company
Based on its latest report, Ford Motor Company's sales fell 4% last month.
Another company that followed the same trend is General Motors.
According to General Motors, its sales also fell 2.5%. Meanwhile, total sales of both Toyota and DaimlerChrysler continued to improve this year.
In particular, the Chrysler Group jumped in sales by 3% from about 190,367 vehicles.
Among the most famous cars that the company sells: - Dodge, Chrysler and Jeep cars. Mercedes also improved over Chrysler by 28%. Toyota reported that its sales within the US alone rose 2.4% to about 166,940 vehicles in February.
Based on its latest report, Ford Motor Company's sales fell 4% last month.
Another company that followed the same trend is General Motors.
According to General Motors, its sales also fell 2.5%. Meanwhile, total sales of both Toyota and DaimlerChrysler continued to improve this year.
In particular, the Chrysler Group jumped in sales by 3% from about 190,367 vehicles.
Among the most famous cars that the company sells: - Dodge, Chrysler and Jeep cars.
Mercedes also improved over Chrysler by 28%.
Toyota reported that its sales within the US alone rose 2.4% to about 166,940 vehicles in February.
Jaguar Corporation
Despite Ford's lower sales of the Jaguar last year, the automaker has announced that it has no plans to sell the Jaguar.
The famous car brand was bought by Ford in 1989 for 1.6 billion pounds sterling. This year, the automaker was confident that Jaguar's sales would recover and improve.
Ford is also set to launch a new car model that will hit Europe soon.
This is part of its strategy to keep up with the strong competition against other auto giants especially those that come from Asia.
As part of its move to recover from its losses, GM officially named Jerry York as its newest board member.
York is known for its impressive achievements at Chrysler and IBM.
Although General Motors has been receiving negative feedback lately, Yorke is optimistic that the company will recover.
During his January speech, he suggested five things to GM management:
- First:- make forecasting revenue and cost more realistic.
- second:- reduce product offerings
- third:- reviewing the entire company from an unbiased perspective;
- fourth:- focus on core business;
- Fifth:- Setting a clear vision for the company.
Despite Ford's lower sales of the Jaguar last year, the automaker has announced that it has no plans to sell the Jaguar.
The famous car brand was bought by Ford in 1989 for 1.6 billion pounds sterling.
This year, the automaker was confident that Jaguar's sales would recover and improve.
Ford is also set to launch a new car model that will hit Europe soon.
This is part of its strategy to keep up with the strong competition against other auto giants especially those that come from Asia.
As part of its move to recover from its losses, GM officially named Jerry York as its newest board member.
York is known for its impressive achievements at Chrysler and IBM.
Although General Motors has been receiving negative feedback lately, Yorke is optimistic that the company will recover.
During his January speech, he suggested five things to GM management:
- First:- make forecasting revenue and cost more realistic.
- second:- reduce product offerings
- third:- reviewing the entire company from an unbiased perspective;
- fourth:- focus on core business;
- Fifth:- Setting a clear vision for the company.
computer companies
Many computer companies are seeking to expandin terms of technology.
Many computer companies are seeking to expand
in terms of technology.
Intel Corp
Intel Corp. recently received official permission from Vietnam to build a microchip factory within its territory.
Earlier, the leading microchip company proposed a project worth $605 million, which will be built in Ho Chi Minh City.
Vietnam will definitely benefit from the budget as the project is expected to attract more foreign investors in the country.
Intel Corp. recently received official permission from Vietnam to build a microchip factory within its territory.
Earlier, the leading microchip company proposed a project worth $605 million, which will be built in Ho Chi Minh City.
Vietnam will definitely benefit from the budget as the project is expected to attract more foreign investors in the country.
Lenovo
Meanwhile, Lenovo Computer has announced its plans to release computers bearing the company's name.
Lenovo computers previously bore the IBM logo.
The company stated that this step is part of its plans to consolidate its position in the global computer technology market.
Meanwhile, Lenovo Computer has announced its plans to release computers bearing the company's name.
Lenovo computers previously bore the IBM logo.
The company stated that this step is part of its plans to consolidate its position in the global computer technology market.
Apple
In recent times, Apple Computers has invited many new analysts and reporters to its Cupertino base in order to check out the so-called "new and interesting products."
So what's up with the Big Bang? Rumor has it that Apple intends to expand its technology products to Hollywood.
Apparently, iTunes has been promoting many TV shows.
Again, there is a possibility that the latest rumors may be wrong again. However, the invite by Apple is certainly a good sign that the company has come as a big surprise to everyone.
As part of China's vision to improve its domestic technology industries, Vice Premier Wu Yi pledged last Thursday to strengthen the fight against illegal copying of software, music and videos.
Piracy has been a growing problem in the country for years. Despite many attempts to combat it, the problem still spreads.
In fact, the hacking in China has sparked international complaints including the report made by Washington.
Now, the vice premier has vowed to step up the fight against piracy not only as a response to these foreign complaints, but also as part of China's goal of improving domestic technology.
A for more developments in various sectors to enhance global trade.
In recent times, Apple Computers has invited many new analysts and reporters to its Cupertino base in order to check out the so-called "new and interesting products."
So what's up with the Big Bang? Rumor has it that Apple intends to expand its technology products to Hollywood.
Apparently, iTunes has been promoting many TV shows.
Again, there is a possibility that the latest rumors may be wrong again. However, the invite by Apple is certainly a good sign that the company has come as a big surprise to everyone.
As part of China's vision to improve its domestic technology industries, Vice Premier Wu Yi pledged last Thursday to strengthen the fight against illegal copying of software, music and videos.
Piracy has been a growing problem in the country for years. Despite many attempts to combat it, the problem still spreads.
In fact, the hacking in China has sparked international complaints including the report made by Washington.
Now, the vice premier has vowed to step up the fight against piracy not only as a response to these foreign complaints, but also as part of China's goal of improving domestic technology.
A for more developments in various sectors to enhance global trade.
Morgan Stanley Corporation
Recently, Morgan Stanley decided to invest around $68 million in Mantri Developers Private Ltd.
It is a real estate development company based in Bangalore, India.
The decision is part of Morgan Stanley's plan to venture into the global flow of real estate.
At the same time, the investment will also assist Mantri in its national expansion plans.
Real estate is currently booming in India due to the growing demand for housing projects and office buildings.
This economic rise is now attracting many foreign investors with regard to health.
Recently, Morgan Stanley decided to invest around $68 million in Mantri Developers Private Ltd.
It is a real estate development company based in Bangalore, India.
The decision is part of Morgan Stanley's plan to venture into the global flow of real estate.
At the same time, the investment will also assist Mantri in its national expansion plans.
Real estate is currently booming in India due to the growing demand for housing projects and office buildings.
This economic rise is now attracting many foreign investors with regard to health.
Roche company
Roche finally received approval from the US drug regulator to launch Rituxan as its newest drug for the treatment of rheumatoid arthritis.
Not only does approval of the new drug promise more profits for Roche, but it also gives hope to patients who haven't responded to other standard treatments for rheumatoid arthritis.
The United States Faces Numerous Economic ConcernsBased on the latest report, the trade gap between exports and imports in the United States increased over the past year from 18% to 75% of $1 trillion.
This was due to the fact that American consumers continued to demand more imported products such as oil, vehicles, and other commodities.
According to analysts, only a 57% increase in exports can close the gap. It should be noted that the United States is a major exporter of certain commodities such as aircraft.
Although sales of durable goods declined over the past year, manufacturers such as Boeing are hoping to improve their sales in the following years.
Roche finally received approval from the US drug regulator to launch Rituxan as its newest drug for the treatment of rheumatoid arthritis.
Not only does approval of the new drug promise more profits for Roche, but it also gives hope to patients who haven't responded to other standard treatments for rheumatoid arthritis.
The United States Faces Numerous Economic Concerns
Based on the latest report, the trade gap between exports and imports in the United States increased over the past year from 18% to 75% of $1 trillion.
This was due to the fact that American consumers continued to demand more imported products such as oil, vehicles, and other commodities.
According to analysts, only a 57% increase in exports can close the gap. It should be noted that the United States is a major exporter of certain commodities such as aircraft.
Although sales of durable goods declined over the past year, manufacturers such as Boeing are hoping to improve their sales in the following years.
Hurricane Katrina
Meanwhile, the massive damage caused by Hurricane Katrina also caused insurance companies in the United States to adjust their premiums.
Adjustment is necessary to cover possible loss that may result from future disasters.
Meanwhile, the massive damage caused by Hurricane Katrina also caused insurance companies in the United States to adjust their premiums.
Adjustment is necessary to cover possible loss that may result from future disasters.
The good news
There is also good news regarding IT job opportunities in the United States. Although many US companies are now turning to offshore services, IT job opportunities continue to grow in the US, due to the fact that there are still certain IT functions that need to be based within its territory. .
There is also good news regarding IT job opportunities in the United States.
Although many US companies are now turning to offshore services, IT job opportunities continue to grow in the US, due to the fact that there are still certain IT functions that need to be based within its territory. .
Computer companies
Many computer companies are seeking to expandin terms of technology.
Many computer companies are seeking to expand
in terms of technology.
Intel Corp
Intel Corp. recently received official permission from vietnam to build a microchip factory within its territory.
Earlier, the leading microchip company proposed a project worth $605 million, which will be built in Ho Chi Minh City.
Vietnam will definitely benefit from the budget as the project is expected to attract more foreign investors in the country.
Intel Corp. recently received official permission from vietnam to build a microchip factory within its territory.
Earlier, the leading microchip company proposed a project worth $605 million, which will be built in Ho Chi Minh City.
Vietnam will definitely benefit from the budget as the project is expected to attract more foreign investors in the country.
Lenovo
Meanwhile, Lenovo Computer has announced its plans to release computers bearing the company's name.
Lenovo computers previously bore the IBM logo.
The company stated that this step is part of its plans to consolidate its position in the global computer technology market.
Meanwhile, Lenovo Computer has announced its plans to release computers bearing the company's name.
Lenovo computers previously bore the IBM logo.
The company stated that this step is part of its plans to consolidate its position in the global computer technology market.
apple
In recent times, Apple Computers has invited many new analysts and reporters to its Cupertino base in order to check out the so-called "new and interesting products."
So what's up with the Big Bang? Rumor has it that Apple intends to expand its technology products to Hollywood.
Apparently, iTunes has been promoting many TV shows.
Again, there is a possibility that the latest rumors may be wrong again.
However, the invite by Apple is certainly a good sign that the company has come as a big surprise to everyone.
As part of China's vision to improve its domestic technology industries, Vice Premier Wu Yi pledged last Thursday to strengthen the fight against illegal copying of software, music and videos.
Piracy has been a growing problem in the country for years.
Despite many attempts to combat it, the problem still spreads.
In fact, the hacking in China has sparked international complaints, including the report made by Washington.
Now, the vice premier has vowed to step up the fight against piracy not only as a response to these foreign complaints, but also as part of China's goal of improving domestic technology.
A for more developments in various sectors to enhance global trade.
In recent times, Apple Computers has invited many new analysts and reporters to its Cupertino base in order to check out the so-called "new and interesting products."
So what's up with the Big Bang? Rumor has it that Apple intends to expand its technology products to Hollywood.
Apparently, iTunes has been promoting many TV shows.
Again, there is a possibility that the latest rumors may be wrong again.
However, the invite by Apple is certainly a good sign that the company has come as a big surprise to everyone.
As part of China's vision to improve its domestic technology industries, Vice Premier Wu Yi pledged last Thursday to strengthen the fight against illegal copying of software, music and videos.
Piracy has been a growing problem in the country for years.
Despite many attempts to combat it, the problem still spreads.
In fact, the hacking in China has sparked international complaints, including the report made by Washington.
Now, the vice premier has vowed to step up the fight against piracy not only as a response to these foreign complaints, but also as part of China's goal of improving domestic technology.
A for more developments in various sectors to enhance global trade.
Morgan Stanley Corporation
Recently, Morgan Stanley decided to invest around $68 million in Mantri Developers Private Ltd.
It is a real estate development company based in Bangalore, India.
The decision is part of Morgan Stanley's plan to venture into the global flow of real estate.
At the same time, the investment will also assist Mantri in its national expansion plans.
Real estate is currently booming in India due to the growing demand for housing projects and office buildings.
This economic rise is now attracting many foreign investors with regard to health.
Recently, Morgan Stanley decided to invest around $68 million in Mantri Developers Private Ltd.
It is a real estate development company based in Bangalore, India.
The decision is part of Morgan Stanley's plan to venture into the global flow of real estate.
At the same time, the investment will also assist Mantri in its national expansion plans.
Real estate is currently booming in India due to the growing demand for housing projects and office buildings.
This economic rise is now attracting many foreign investors with regard to health.
Roche company
Roche finally received approval from the US drug regulator to launch Rituxan as its newest drug for the treatment of rheumatoid arthritis.
Not only does approval of the new drug promise more profits for Roche, but it also gives hope to patients who haven't responded to other standard treatments for rheumatoid arthritis.
The United States Faces Numerous Economic ConcernsBased on the latest report, the trade gap between exports and imports in the United States increased over the past year from 18% to 75% of $1 trillion.
This was due to the fact that American consumers continued to demand more imported products such as oil, vehicles, and other commodities.
According to analysts, only a 57% increase in exports can close the gap. It should be noted that the United States is a major exporter of certain commodities such as aircraft.
Although sales of durable goods declined over the past year, manufacturers such as Boeing are hoping to improve their sales in the following years.
Roche finally received approval from the US drug regulator to launch Rituxan as its newest drug for the treatment of rheumatoid arthritis.
Not only does approval of the new drug promise more profits for Roche, but it also gives hope to patients who haven't responded to other standard treatments for rheumatoid arthritis.
The United States Faces Numerous Economic Concerns
Based on the latest report, the trade gap between exports and imports in the United States increased over the past year from 18% to 75% of $1 trillion.
This was due to the fact that American consumers continued to demand more imported products such as oil, vehicles, and other commodities.
According to analysts, only a 57% increase in exports can close the gap. It should be noted that the United States is a major exporter of certain commodities such as aircraft.
Although sales of durable goods declined over the past year, manufacturers such as Boeing are hoping to improve their sales in the following years.
Hurricane Katrina
Meanwhile, the massive damage caused by Hurricane Katrina also caused insurance companies in the United States to adjust their premiums.
Adjustment is necessary to cover possible loss that may result from future disasters.
Meanwhile, the massive damage caused by Hurricane Katrina also caused insurance companies in the United States to adjust their premiums.
Adjustment is necessary to cover possible loss that may result from future disasters.
The good news
There is also good news regarding IT job opportunities in the United States.
Although many US companies are now turning to offshore services, IT job opportunities continue to grow in the US, due to the fact that there are still certain IT functions that need to be based within its territory. .
There is also good news regarding IT job opportunities in the United States.
Although many US companies are now turning to offshore services, IT job opportunities continue to grow in the US, due to the fact that there are still certain IT functions that need to be based within its territory. .