TheJakartaPost
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The United States Department of Commerce (USDOC) has reduced the antidumping tariff on shrimp imported from Indonesia, but an Indonesian industry group bemoans unequal treatment among exporters and wants the tariff dropped altogether.
German exports fell more than forecast in October, official data showed on Friday, as high inflation and supply chain snags hit demand in key trading partners, further raising the specter of recession for Europe's largest economy.
Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, where demand is picking up for next month's Diwali festival, industry officials said.
A senior US Treasury Department official will visit Indonesia and Singapore next week to talk with counterparts about the potential price cap on Russian oil exports planned as a response to Moscow's invasion of Ukraine.
The report from the independent, Finland-based Centre for Research on Energy and Clean Air (CREA) comes as Kyiv urges the West to sever all trade with Russia in the hopes of cutting off the Kremlin's financial lifeline.
