In late August 2020, the Trung An Hi-Tech Agriculture Joint Stock Company (Can Tho Province) exported the first batch of fragrant rice to the EU since the entry into effect of the EU-Vietnam Free Trade Agreement (EVFTA) on Aug 1. General Director Pham Thai Binh said the company exported about 150 tonnes of rice under an export contract of 3,000 tonnes of two varieties of fragrant rice, ST20 priced at US$1,000 per tonne and Jasmine rice at US$600 per tonne. The deal proves that high quality Vietnamese rice can enter the high-end market at higher value, especially under the preferential zero percent taxes stipulated by the EVFTA. … [Read more...] about Agro-forestry-fishery exports record trade surplus
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The U.S. Labour Department report on Friday showed that U.S. employment growth slowed and permanent job losses increased as government funding started running out, raising doubts on the sustainability of the economy’s recovery. Still, the jobless rate fell to 8.4% from 10.2% in July. … [Read more...] about FOREX-Dollar steadies as traders wary about U.S. stocks, look to ECB for catalysts
Other winners: Athleta, the athleisure label at Gap, saw sales increase 6% during its latest quarter, despite Gap's sales falling. PVH, the parent of Tommy Hilfiger and Calvin Klein, said athleisure clothing was one of its strongest sellers during its latest quarter. And Dick's Sporting Goods said consumers were gravitating to athletic attire. … [Read more...] about The pressure is off stocks … for now
And we are in a different climate politically than we were then too. Trump and his administration have shown zero respect for the processes of the WTO … his will not be a fight between friends, it will be a fight between frenemies — and in that case the EU and others may be more swift to act against an administration that they believe does not respect the rule of international law. … [Read more...] about Trump (Finally) Declares His Trade War
O’Connor said they will be able to test for the virus once colleagues start arriving as soon as Monday, weeks late because a huge storm dumped 20-feet (6-meter) snowdrifts. Any virus case will spark a “red response level,” he said, with activities stripped down to providing heating, water, power and food. … [Read more...] about Antarctica is still free of Covid-19. Can it stay that way?