• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
ECB President Christine Lagarde: The ECB is studying defensive measures against Myhtos-driven attacks.On May 8th, the Hang Seng Indexes Company announced that Wingtech Technology Co., Ltd. (stock code: 600745.SH) has been listed as a "*ST stock" and therefore no longer meets the criteria for inclusion in the Hang Seng Indexes series. Consequently, after the market closes on Friday, May 15, 2026, Wingtech Technology Co., Ltd. will be removed from the Hang Seng A-Share Connect Low Carbon Select Index, and Tongling Nonferrous Metals Group Co., Ltd. will be added. This change will take effect on Monday, May 18, 2026.The chart shows that at 22:00 Beijing time on May 8th, there will be large foreign exchange option orders for Euro, Swiss Franc, British Pound, Japanese Yen, etc., expiring, including 7 large orders with strike prices exceeding 1 billion. Please manage your risks.Market news: Korean Air will extend the suspension of flights to Dubai until August 2.On May 8th, 17 national industry associations and chambers of commerce, including the China Federation of Logistics and Purchasing, the China General Chamber of Commerce, the China National Textile and Apparel Council, the China National Light Industry Council, and the China Federation of Internet Societies, jointly released the "Domestic Trade Transaction Guidelines (Trial)" in Beijing under the guidance of the Ministry of Commerce and other relevant departments. This guideline provides clear, explicit, and operable behavioral norms for enterprises engaged in domestic trade, including wholesale, retail, logistics, and accommodation and catering, contributing to the construction of a unified national market. According to reports, the "Domestic Trade Transaction Guidelines (Trial)" focuses on the entire domestic trade process, clarifying and stipulating regulations for each stage, including contract signing, goods delivery and acceptance, payment terms, dispute resolution, and standardized business practices.

The conclusion of the Argentine truckers' strike increases grain shipments

Charlie Brooks

Jul 01, 2022 11:36


The Argentine truckers' strike ended on Thursday, when several unions incensed by fuel shortages reached an agreement to terminate the one-week protest near the vital port of Rosario, which is expected to assist future grain exports.


The truck driver's protest over high gasoline prices has halted shipments of corn and other goods, just as the bulk of the harvest was making its way to ports for export to worldwide markets.


Due to the exclusion of a few tiny truckers groups from the deal, however, it is possible that certain protests may continue.


Argentina is the second-largest exporter of maize, the top exporter of processed soy oil and meal, and a major supplier of wheat and beef.


One of the unions, Autoconvocados Unidos, issued the following statement: "Despite our dissatisfaction (with the latest settlement of truck freight rates) and in light of the present crisis in our country, we have chosen to halt the strike."


The union described their action as an act of kindness.


The number of trucks entering ports surged by 70 percent on Thursday compared to the previous day, reaching approximately 1,500 vehicles, as reported by the Rosario grains market.


The Rosario ports are the departure point for 80 percent of Argentina's agricultural exports, the vast majority of which are transported by truck.


The ability of trucks to access the port is returning to normal, according to the manager of the country's marine port chamber, Guillermo Wade.


Additionally on Wednesday, the transport ministry secured a deal with non-striking agricultural and transport groups to hike grain freight charges by 25%.


However, the majority of protesting unions, led by the UNTRA truckers' union, felt the rate increase insufficient and chose to dismantle highway blockades.


The head of the UNTRA, Carlos Geneiro, said, "We have far greater expenses than that."