Australia’s resources, energy export earnings forecast to surge to a record $425 billion for 2021-22. 

Australia’s resources and energy export earnings are forecast to surge to a record-high $425 billion for 2021-22, according to the latest report from the Department of Industry, Science, Energy, and Resources’. Minister for Resources and Water Keith Pitt said the latest forecast is up a stunning 12 percent on the December 2021 quarterly projection of […]

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Coffee supply chain takes another hit from skyrocketing oil prices

The volatility of the supply chain continues to be a major story in the global coffee trade. On the supply side, what was once more or less forecastable has been disrupted by COVID restrictions, unpredictable extreme weather destroying crops in major producing countries like Brazil, unknown stockpile sizes, and farmers defaulting on shipments to capitalising on the volatile and now skyrocketing C-market […]

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CRISIL reiterates India’s 7.8% GDP growth next fiscal, with risks tilted to the downside

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Ratings agency CRISIL has reiterated its December 2021 forecast of India’s gross domestic product (GDP) growth at 7.8% in fiscal 2023, saying any potential upside due to the early end of a mild third wave of Covid-19 infections will be offset by the ongoing geopolitical strife stemming from Russia’s invasion of Ukraine, which is creating […]

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The state of steel production

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Global steel production has more than tripled over the past 50 years, despite nations like the U.S. and Russia scaling down their domestic production and relying more on imports. Meanwhile, China and India have consistently grown their production to become the top two steel producing nations. See graphic here Below are the world’s current top […]

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