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Turkey imports of thermal coal firm almost 1% YOY in Nov

ANKARA: Turkey’s November imports of bituminous thermal coal firmed almost 1% year on year to 2.642 million mt, following the highest monthly volume of Russian coal shipped to the country in three years, according to data from the Turkish Statistical Institute (TUIK). Total November sales for imported thermal coal was $211.914 million, equivalent to a monthly November average price of ... Read More »

Guatemala anti-narcotics officers seize 540kg cocaine

GUATEMALA CITY: Guatemalan anti-narcotics officers have seized 540 kilos (1.2 tons) of cocaine hidden on a boat and arrested the four Ecuadorians on board, officials said Monday. The vessel was intercepted late Sunday off Guatemala`s Pacific coast and the officers discovered the drugs packed in one-kilo bags, a spokeswoman for the state prosecutor`s office, Julia Barrera, told reporters. The boat ... Read More »

Ukrainian Govt agrees to impose ban on Russian food imports

KIEV: The Ukrainian government has agreed to impose a ban on Russian food imports in response to a similar move by Moscow. The ban is expected to come into force on January 10, according to a decree signed by Ukrainian Prime Minister Arseniy Yatsenyuk. The decree says that the embargo will stay in place “until the cancelation of the ban ... Read More »

Swaziland unnecessarily spends money on agricultural imports

SWAZILAND: Swaziland Minister of Agriculture Moses Vilakati believes that the country is needlessly spending money on agricultural imports of produce that it can produce itself. He stated that the country spends more than E100 million annually importing vegetables and fruits. The minister said as projections indicated that urbanisation would increase tremendously; it would exert more pressure on food and opportunities ... Read More »

Argentine export reforms to lift grain sowings – but cut soy area

BUENOS AIRES: The scrapping by Argentine of restrictions on grain and oilseed exports will boost wheat and corn plantings – but in part at the expense of soybean sowings, the US government said. The US Department of Agriculture’s Buenos Aires bureau forecast that the liberalisation of Argentina’s crop export regime to boost shipments of all major crops in the short ... Read More »

Brazil returns to trade surplus in 2015 after worst recession in 25 years

BRASÍLIA: Brazil returned to a trade surplus in 2015 as the worst recession in 25 years and a slump in the real currency damped demand for imports in Latin America’s largest economy, data showed on Monday. Brazil posted a trade surplus of $19.681 billion for last year, rebounding from a deficit of $4 billion in 2014, according to Trade Ministry ... Read More »

Tanzanian govt blocks export of 500 tonnes cashews

DODOMA: The company Sparkle Way Ltd has been blocked from exporting over 500 tonnes of raw cashew nuts by the Tanzanian government. The reason for the action is the firm’s unpaid debt of Sh3.4 billion, which it owes to nut farmers in the Coast Region. On December 18, this year, the minister for Agriculture, Livestock and Fisheries, Mr Mwigulu Nchemba, ... Read More »

Govt mobilised $260 mln to import grain in Zimbabwe

HARARE: Government has mobilised $260 million to import grain as part of its efforts to avert hunger, as a serious drought caused by El Nino weather pattern engulfs Southern Africa, a senior official has said. Agriculture, Mechanisation and Irrigation Development Minister, Dr Joseph Made yesterday said Government would import between 500 000 and 700 000 tonnes of maize to ensure ... Read More »

Australia aims to increase export of crocodile products in 2016

CANBERRA: Australian officials are looking to increase the export of crocodile products in 2016, after decades of official protection to stop them being hunted to extinction has increased their numbers. Under a new Saltwater Crocodile Wildlife Trade Management Plan, which came into effect at the start of the year, the Northern Territory’s government wants to increase the trade in crocodile ... Read More »

Germany to re-examine arms exports to Saudi Arabia

BERLIN: Germany may look harder at its arms exports to Saudi Arabia after the Gulf kingdom carried out its biggest mass execution for decades on Saturday, German Economy Minister Sigmar Gabriel said on Monday. Berlin is not planning to impose sanctions on Riyadh after the executions, a foreign ministry spokesman said. But Gabriel’s ministry has in the past rejected some ... Read More »

Iran’s crude oil export to Japan up 3% to 177,000 bpd in Nov

TOKYO: According to Japan’s Ministry of Economy, Trade and Industry, the country imported 177,000 barrels per day (bpd) of crude oil from Iran in November, showing three percent rise compared to the figure of the same month last year which stood at 171,000 bpd. The country’s export of crude oil to Japan in November rose by 6 percent compared to ... Read More »

Turkish exports dip 8.7% to $144bn in 2015

ANKARA: Turkey earned $144 billion in overseas sales in 2015, a decline of 8.7 percent when compared to the export figures of the preceding year, data from a local exporter union showed on Monday. According to results from the Turkish Exporters Assembly (TİM), exports fell 12 percent in the final month of 2015 over December 2014. The union cited a ... Read More »

S.Korea’s petrochemicals export jumps 5.4% to 27.9 million tons in 2015

SEOUL: According to a report published by the Korea International Trade Association (KITA) on Dec. 31, the country’s petrochemical export volume from January to October 2015 stood at 27.9 million tons, up 5.4 percent from the total export volume in 2014. When adding exports in the remaining two months, it is possible for the country to see a double-digit growth ... Read More »

Port of Stockton sees record in ship traffic

WASHINGTON: Port of Stockton officials expected 2015 to be a record year for shipping traffic, with a total of 247 ship arrivals through New Year’s Eve, compared to 230 ship arrivals in 2014, the previous all-time record. Port Director Richard Aschieris said Monday that cargo volume will be down slightly, to 3.87 million metric tons in 2015, from 2014’s 4.11 ... Read More »

US Customs seize 10,000 counterfeit toys in San Juan

SAN JUAN, Puerto Rico U.S. Customs and Border Protection (CBP) field operations officers completed the seizure of 10,000 counterfeit toy dolls arriving in a shipment from China on November 12. The estimated domestic value of the shipment is $41,250. CBP’s highly trained officers inspected a container whose contents appeared to be non-compliant U.S. Consumer Product Safety Commission (CPSC) requirements. CBP ... Read More »

US Customs seizes $145k near St. Thomas

ST.THOMAS: U.S. Customs and Border Protection (CBP) Air and Marine Operations (AMO) agents seized $145,000 from a vessel operated by 3 US citizens. All subjects were released pending further investigation. “Our agents remain vigilant for illegal smuggling operations, as well as money laundering,” stated Johnny Morales Director of Air Operations for the Caribbean Air and Marine Branch. During a maritime ... Read More »

US border agents arrest 2 men illegally entering Vermont

HIGHGATE SPRINGS: U.S. Border Patrol agents from Swanton Sector arrest two subjects on Dec. 26, as a result of a citizen reporting suspicious activity of two males in Highgate Springs, Vermont. Agents from the Swanton Border Patrol Station responded to a call from a concerned citizen reporting two suspicious men walking south on Route 7 in Highgate Springs. A Border ... Read More »

Turkish exports suffer 8.7% fall in 2015: Association

ANKARA: Turkey earned $144 billion in overseas sales in 2015, a decline of 8.7 percent when compared to the export figures of the preceding year, data from a local exporter union showed on Monday. According to results from the Turkish Exporters Assembly (TİM), exports fell 12 percent in the final month of 2015 over December 2014. The union cited a ... Read More »

Argentine crop exports soar $2b in 3 weeks

BUENOS AIRES: Argentina’s crop exports surged $2 billion in the last three weeks of the year after restrictions were scrapped by the new president, according to exporter group Ciara-Cec. Farmers sold $752 million worth of grains and oil-seeds in the last three days of 2015 for an annual total of $20 billion, down 17 percent from a year earlier. Sales ... Read More »

Australia pushes to boost crocodile exports

SYDNEY: Australian officials are looking to increase the export of crocodile products in 2016, after decades of official protection to stop them being hunted to extinction have increased their numbers. Under a new Saltwater Crocodile Wildlife Trade Management Plan (WTMP), which came into effect at the start of the year, the Northern Territory’s government wants to increase the trade in ... Read More »