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You are here: Home / Archives for Vtac export

Vtac export

Canadian Cannabis Oil Exports Quadrupled In 2017

· May 17, 2018 ·

Jun 08, 5:43 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Sean Williams 05/17/18 AT 12:49 PM Few industries have investors seeing green quite like legal marijuana. According to cannabis research firm ArcView, in partnership with BDS Analytics, the North American legal weed market grew by 33% in 2017 to $9.7 billion. A decade from now, we could be looking at more than $47 billion in annual North American sales.While expansion at the state level in the U.S. is expected to play a role in boosting these sales figures, all eyes in the interim are on Canada, which is expected to become the first developed country in the world to legalize recreational cannabis this summer. Bill C-45, which is better known as the Cannabis Act, is set for vote in Canada's Senate on June 7, and could swiftly be moved through its federal government to be signed into law shortly thereafter. Legalizing adult-use weed could lead to $5 billion in … [Read more...] about Canadian Cannabis Oil Exports Quadrupled In 2017

China’s Trade Surplus With US Hits Record As Exporters Rush To Beat Tariffs

· July 13, 2018 ·

Jul 13, 4:33 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury World By Reuters 07/13/18 AT 4:00 AM China's trade surplus with the United States swelled to a record in June as its overall exports grew at a solid pace, a result that could further inflame a bitter trade dispute with Washington.But signs exporters were rushing shipments before tariffs went into effect in the first week of July suggest the spike in the surplus was a one-off, with analysts expecting a less favorable trade balance for China in coming months as duties on exports start to bite.The data came after the administration of President Donald Trump raised the stakes in its trade row with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports, including numerous consumer items.China's trade surplus with the United States, which is at the center of the tariff tussle, widened to a record monthly high of $28.97 billion, … [Read more...] about China’s Trade Surplus With US Hits Record As Exporters Rush To Beat Tariffs

Chinese Exports Accelerate As US Prepares New Tariffs In Heated Row

· August 8, 2018 ·

Aug 08, 4:04 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury World By Elias Glenn AND Ben Blanchard 08/08/18 AT 3:34 AM China's exports surged more than expected in July despite fresh U.S. duties and its closely watched surplus with the United States remained near record highs, as Washington finalised its new tariff list in a bitter dispute that some fear could derail global growth.In the latest move by President Donald Trump to put pressure on Beijing to negotiate trade concessions, Washington is set to begin collecting 25 percent tariffs on another $16 billion in Chinese goods on Aug. 23. Both countries have already slapped tit-for-tat duties on $34 billion of each other's goods.China has repeatedly warned it will strike back, and has already begun enforcing or is getting ready to enforce its own retaliatory tariffs, saying the United States is threatening the global free trade order with its protectionism.China's headline numbers … [Read more...] about Chinese Exports Accelerate As US Prepares New Tariffs In Heated Row

Japan Exports Stagnate, Raising Speculation Of Recession, Stimulus

· December 5, 2015 ·

Sep 21, 7:23 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Coco Alcuaz 10/21/15 AT 1:35 AM Japan exports stagnated in September as China's economy slowed, raising speculation of recession and a central bank move to boost growth when it meets next month. Japanese and other Asian stocks rose as investors bet on stimulus.Japanese exports rose just 0.6 percent to 6.4 trillion yen ($53 billion) from the year before, according to the Ministry of Finance. That's the smallest increase since August 2014 and a fraction of the 3.4 percent gain economists had estimated, according to Reuters. Exports to China, Japan's second-biggest market after the United States, fell 3.5 percent to 1.1 trillion yen ($9 billion), the ministry said.“Whenever we get negative economic news, hopes for additional monetary easing moves the market,” Takashi Aoki, a Tokyo-based fund manager at Mizuho Asset Management Co., told … [Read more...] about Japan Exports Stagnate, Raising Speculation Of Recession, Stimulus

Iran Defiant: Promises U.S. Wish to Halt its Crude Exports Bound to Fail

· September 24, 2018 ·

TEHRAN, Iran (AP) — Iran’s oil minister says the United States will not succeed in its plans to halt Iranian crude exports even as he acknowledged that South Korea has stopped buying oil from Tehran. The website of Iran’s oil ministry, Shana.ir, quotes the minister, Bijan Zanganeh, as saying the “U.S. dream of getting Iran’s oil exports (effectively) to zero won’t come true.”Zanganeh says such a plan isn’t possible long-term, though Washington seems determined to cut Iran’s crude exports, “even if for just a month.” However, he did say that Seoul hasn’t bought any Iranian crude “for three continuous months.” President Donald Trump pulled the U.S. out of the nuclear deal between Iran and world powers in May. Washington has been encouraging its allies to bring to zero their oil imports from Iran. … [Read more...] about Iran Defiant: Promises U.S. Wish to Halt its Crude Exports Bound to Fail

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