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On July 25, Wang Yi stated that China-Pakistan relations have always been at the forefront of the times. Both sides should jointly implement the important consensus reached by the leaders of the two countries, actively promote exchanges at all levels and cooperation in all fields, and accelerate the building of a closer China-Pakistan community with a shared future. China highly appreciates Pakistans key role in the memorandum of understanding reached between Iran and the United States and will continue to fully support Pakistans mediation efforts to promote a return to dialogue and negotiations among all parties and achieve a lasting cessation of hostilities. China is willing to strengthen cooperation with Pakistan in multilateral platforms such as the Shanghai Cooperation Organisation and the United Nations to safeguard the common interests of both countries and the legitimate rights and interests of the global South. Dar stated that it is essential for Pakistan and China to maintain communication and coordination on all occasions. The current sudden escalation of the situation in the Middle East and the Gulf is not in the interest of any party. Pakistan is willing to continue its peace mediation efforts and thanks China for its consistent support and assistance. Pakistan is willing to strengthen cooperation with China within multilateral frameworks such as the Shanghai Cooperation Organisation and China-Pakistan-Bangladesh cooperation to make due contributions to maintaining regional peace, stability, and development.The total number of oil rigs in the United States for the week ending July 24 will be released in ten minutes.The total number of oil rigs in the United States for the week ending July 24 will be released in ten minutes.On July 25th, Qualcomm, one of the worlds largest smartphone processor manufacturers, informed customers that it will have to raise product prices by a double-digit percentage due to rising costs. According to a document cited by foreign media, Qualcomm sent a price increase notice to customers on Friday. Qualcomm stated that the price increase will apply to products shipped after September 1st. The company stated that its ability to absorb increased supplier costs has been exhausted, and it has been exploring alternative component sources.On July 25, the U.S. Embassy in Israel issued a security warning on July 24, local time, reminding U.S. citizens in the region to prepare for potential emergencies due to the continued tensions in the Middle East. The embassy stated that the current regional security environment is complex, with a potential risk of sudden escalation. The embassy urged U.S. citizens to remain vigilant and cautious to be prepared for possible flight cancellations, airspace closures, and other transportation disruptions.

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."