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Australian beef shipments to China stopped after a 55 percent tariff took effect one month ago. Exporters are redirecting about 100,000 tonnes this month while China draws down large stockpiles. Shipments from Australia and Brazil are expected to resume in September.
aircargoweek.comIndia has increased its duty-free steel export quota to the UK under a free trade agreement signed last year. Commerce Secretary Rajesh Agrawal confirmed the renegotiated terms.
japantimes.co.jpAn international conference on Pacific bluefin tuna catch quotas concluded Tuesday without reaching a deal. Japan proposed raising the quota for large fish by 25 percent while lowering it for smaller fish, but Mexico opposed the plan.
Andy Serkis said the upcoming film will not cast for diversity quotas and will follow Tolkien’s depiction of the Shire. The announced cast is entirely White. The remarks reopen debate over race in Middle-earth adaptations.
rigzone.comNigeria produced an average of 1.56 million barrels of crude oil per day in June 2026, exceeding its OPEC quota by 4 percent. The Nigerian Upstream Petroleum Regulatory Commission reported the figure Sunday, marking the highest monthly total since April 2020.
livemint.comThe Hong Kong Monetary Authority will expand its RMB Business Facility quota by 1.5 times and extend loan tenures starting Friday. Regulators also announced plans for a new electronic fixed income and currency trading platform.
en.antaranews.comThe Strait of Hormuz has begun reopening after Iran's closure and a U.S. blockade during the Iran war. OPEC+ approved a modest production increase while Iraq seeks higher quotas.
Seven core OPEC+ members will add 188,000 barrels per day to production targets starting next month. The step continues five straight months of increases as Brent crude prices sit near $72 a barrel.
SemaforThe United Arab Emirates left OPEC+ in late April to align production with its capacity. Iraq is seeking higher quotas as the remaining core producers prepare to restore the final portion of a 1.65 million barrel-per-day cut.
forbes.comThe group ratified a quota hike during a Sunday video conference after seven members added nearly 800,000 barrels per day since April. Output remains below pre-war levels amid recovering exports through the Strait of Hormuz.
theepochtimes.comThe seven-member OPEC+ group is expected to approve another production quota increase for August. The decision follows earlier hikes that began after U.S. and Israeli strikes on Iran.
pakistantoday.com.pkThe European Union will pursue an agreement with China to address trade imbalances by October. New steel import quotas and a flat customs duty on low-value e-commerce packages also took effect.
espn.comThe European Commission will cut overall duty-free steel imports by half starting 1 July 2026. Thirteen countries holding free-trade agreements with the bloc receive a smaller reduction of one-third.
citizen.co.zaThe European Union will cut tariff-free steel import quotas sharply starting July 1. South Korea receives a reduced allocation of 2.07 million tons but faces a smaller percentage cut than the overall EU reduction.
moneycontrol.comBrent crude prices dropped from triple digits to around $72 a barrel after the Strait of Hormuz reopened to commercial traffic. OilPrice.com reported that an interim U.S.-Iran agreement and recent strikes have left shipping under daily quotas with elevated insurance costs.
The Economic Freedom Fighters of Liberia said mandatory 30 percent female candidate quotas will not increase women's seats. The party called for a shift to proportional representation and other electoral changes as lawmakers debate a new elections law.
A senior Iraqi oil ministry official said Iraq will consider every available option unless its OPEC production quota rises substantially. Separate sources said officials had examined an exit but intend to stay in the group and seek a higher allocation. The statement follows the U…
EuronewsTwo fin whales were killed off Iceland's coast overnight Sunday, ending a two-year pause in commercial whaling. Iceland's Marine and Freshwater Research Institute has set reduced quotas for the 2026 season.
SemaforLithium miners in Zimbabwe asked the government for more time to build processing facilities before a January 2027 ban on concentrate exports. The request follows recent government measures including quotas and higher royalties on raw exports.
The government is meeting steel trading groups this week to finalise exemptions from new 50% tariffs and quota cuts set to begin 1 July.
tass.comEnergy Minister Yerlan Akkenzhenov said buyers are pressing Kazakhstan to increase crude deliveries. The country faces infrastructure limits and recent field disruptions.
citizen.co.zaThe Department of Trade, Industry and Competition released an industrial development strategy this week that sets an export tax and quota for chrome and ties beneficiation requirements to new mining rights.
Kinshasa replaced open-ended exports with controlled allocations after a temporary ban. Revenues are projected at $2.3 billion this year versus $617 million without intervention.
financialpost.comThe European Union will halve tariff-free steel import quotas and raise the tariff on excess imports to 50 percent beginning 1 July. Ukrainian steelmakers say the limits will reduce government revenue during the ongoing war with Russia. Metinvest chief executive Yuriy Ryzhenkov w…
realclearmarkets.comMinisters meet Sunday amid a production drop to 33 million barrels daily after the Strait of Hormuz closed in late February. Prices have nearly doubled since the shutdown.
rte.ieMajor OPEC+ members agreed to raise collective production quotas by 188,000 barrels per day for July. The increase remains largely symbolic because the Strait of Hormuz is closed, preventing most Persian Gulf exports from reaching markets.
BloombergA Kenyan court overturned an advisory by the former chief justice that urged the president to dissolve parliament over delays in gender quota legislation.
japantoday.comPeter Kyle will raise concerns in Brussels on Friday about EU plans to cut tariff-free steel imports from the UK by 47 percent starting 1 July. The meeting follows protests from EU steelmakers over the UK's own quota reductions.
foxnews.comTesla accounted for more than 10 percent of the first allocation window. Global Affairs Canada released the updated import figures.
koreaherald.comTwo subsidiaries of General Shopping e Outlets do Brasil S.A. began exchange offers on May 28, 2026, allowing eligible holders of certain Regulation S notes to swap them for quotas in a Brazilian real estate investment fund. The offers exclude U.S. holders and holders of Rule 144…
SemaforThe European Union announced plans to impose import quotas and tariffs on Chinese goods. Officials also called for companies to diversify supply chains away from China.
South China Morning PostAuthorities will submit a consultation paper to the Legislative Council as early as late Tuesday. The quota is intended to balance passenger demand with road capacity before a full rollout later this year.
washingtonpost.comThe Alabama Supreme Court dismissed a family's appeal in April 2026 after their lawyer cited fabricated cases, calling the conduct egregious and barring the attorney from future solo filings. In the same month, a federal judge in Oregon imposed a record $110,000 sanction on two l…
theconversation.comShipments of Australian beef to China have reached 80% of an annual quota that caps imports at current tariff rates. Beijing has signaled the imports are nearing a key safeguard threshold. The development comes as the quota system limits volumes eligible for lower duties.
SemaforAngola will not impose export quotas or bans on mining companies, a senior minerals minister said on May 15, 2026. The country aims to attract private investment to build domestic processing facilities. This approach differs from export restrictions enacted by DR Congo on cobalt…
A Chinese mining company has requested additional details on the Democratic Republic of Congo's cobalt export policy after receiving a lower-than-expected quota. The company stated that the allocation fell short of its expectations and that questions remain about how the restrict…
Kazatomprom accused Stepnogorsk Mining and Chemical Combine of failing to meet 2024 uranium quotas and contribute to an environmental liquidation fund at the Budenovskoye joint venture in Kazakhstan. The venture remains profitable despite the dispute and expects stable operations…
ibtimes.co.ukShipments of Chinese gasoline, diesel and jet fuel in May stand at nearly half the volumes seen before the Iran war, according to data cited by the Financial Times. The figures come despite China's decision to ease earlier export bans imposed after the closure of the Strait of Ho…
bbc.co.ukThe Trump administration plans to suspend the annual tariff-rate quota on beef imports to address record-low U.S. cattle herds and supermarket prices near $7 per pound. Ranchers across Texas, Wyoming and Missouri warn the move will primarily benefit the Big Four meatpackers while…
New York PostPresident Donald Trump will sign two executive orders on May 12, 2026, to expand beef imports and support domestic ranchers in an effort to lower record-high prices. The measures include suspending tariff-rate quotas and directing more Small Business Administration loans to U.S.…
680news.comIndustry experts and policy leaders testified before a Canadian parliamentary committee on the economic and security risks posed by a new trade agreement permitting low-tariff imports of Chinese electric vehicles. The deal, signed in January 2026, reduces tariffs and sets import…
Substrate placeholder — needs reviewProducers in the Democratic Republic of Congo are reducing cobalt production amid oversupply and shifting investments to copper, where demand is surging. The government has replaced a 2025 export ban with strict quotas of 96,600 tonnes annually for 2026 and 2027. Glencore reporte…
citizen.co.zaThe Democratic Republic of Congo has imposed annual cobalt export quotas of 96,600 tonnes for 2026 and 2027, replacing a 2025 ban, amid sharp price declines from oversupply. Producers are shifting capital to copper, where demand is rising and supply tightening, with Glencore repo…
SemaforDR Congo's cobalt export quotas have led major producers to adjust operations, including reducing output or prioritizing other metals. Glencore reported a 39% drop in cobalt production in the first quarter of 2026. Other companies like CMOC and Eurasia Resources Group have adopte…
Substrate placeholder — needs reviewSeven OPEC+ members are set to meet on Sunday for their first decision on oil-production quotas since the United Arab Emirates left the cartel. The UAE's departure, as a longtime member, has contributed to soaring oil price pressures amid the Mideast war. Talks this weekend aim t…
247wallst.comOPEC+ raised oil production quotas for June by 188,000 barrels per day during an online meeting, involving seven key members but excluding the United Arab Emirates after its recent exit. The decision comes against a backdrop of output shortfalls and disruptions from the Mideast w…
247wallst.comSeven OPEC+ members have reached an agreement in principle to increase oil output quotas for June by about 188,000 barrels per day, ahead of their Sunday meeting. The decision follows the United Arab Emirates' recent withdrawal from the group. Analysts note the move aligns with p…
Seven OPEC+ countries have reached an agreement in principle to increase their oil production quotas for June by approximately 188,000 barrels per day. The decision comes amid ongoing discussions within the group on output levels. Two sources confirmed the development.
thehindu.comSeven OPEC+ countries have reached an agreement in principle to increase oil production quotas for June by approximately 188,000 barrels per day. The decision comes amid ongoing discussions within the group on output levels. Multiple sources confirmed the details of the prelimina…
SemaforThe United Arab Emirates has announced its formal exit from OPEC starting May 1, 2026, aiming to pursue independent oil production strategies. The move highlights ongoing tensions with Saudi Arabia over quotas and reflects broader shifts in global energy markets driven by U.S. sh…
EuronewsThe United Arab Emirates announced its withdrawal from OPEC and OPEC+ on April 28, 2026, citing national production goals amid global supply disruptions. The move, effective May 1, follows tensions with quotas and regional rivalries. It could increase oil output, affecting market…
azernews.azThe United Arab Emirates has announced its departure from OPEC, effective May 1, ending a 59-year membership in the oil cartel. The move comes amid tensions over production quotas and could influence global oil prices and markets. Officials stated the country is reviewing other m…
GB NewsThe United Arab Emirates has withdrawn from OPEC after nearly 60 years, aiming to increase its oil output without quota constraints. The move comes amid elevated crude prices above $110 per barrel due to the ongoing U.S.-Iran war and the blockade of the Strait of Hormuz. Experts…
Responsible StatecraftThe United Arab Emirates announced its formal withdrawal from OPEC on May 1, 2026, citing production quota constraints and geopolitical differences with Saudi Arabia. The move positions the UAE to increase oil output once regional conflicts subside. Experts note implications for…
BloombergChina's tax authorities have initiated a broad crackdown affecting the global metals market. Traders face disruptions from reduced invoicing quotas essential for their operations. Many firms are adapting to these severe limitations, as reported by @business.
pakistantoday.com.pkRussia is considering extending export quotas on certain fertilizers, according to a report from TASS. The potential extension was highlighted in a statement cited by the news agency. This development occurs amid ongoing global discussions on agricultural supply chains.
Substrate placeholder — needs reviewA Forbes report indicates that more than 57 percent of sales representatives fail to meet their quarterly sales quotas. This statistic highlights challenges in the sales sector. The finding draws from industry data on performance metrics.
OPEC+ members intend to raise their production quotas for May, despite ongoing Middle East conflicts limiting output and shipments from key producers. The decision affects global oil supply dynamics. This move follows previous adjustments to quotas in response to market condition…