The Future of Agoa: Renewal and Transformation

The Future of Agoa: Renewal and Transformation

The capital of Botswana, Gaborone, hosted ten days ago the 15th “US-Africa Business Summit”, a business summit between the United States and Africa. The Biden administration indeed intended to reconnect with Africa, 7 months ago, during the Washington summit. But one of the points that remains unresolved is the future of Agoa. the African Growth … Read more

AGOA: Implications, Criticisms, and the Need for Renewal – Insights from Gaborone Correspondent

AGOA: Implications, Criticisms, and the Need for Renewal – Insights from Gaborone Correspondent

From our special correspondent in Gaborone L’Agoa, this law signed in 2000, had until then been one of the cornerstones of the United States’ commercial strategy to open its market to some forty African countries. It allows eligible African countries to export certain products to the United States without customs duties and the continent has … Read more

US Regional Banks in Distress: Markets Await Federal Reserve Decision on Rates Amid Uncertainty and Bankruptcy Crisis

From our correspondent in Washington, Guillaume Naudin « This part of the crisis is over “. Jamie Dimon, the boss of JP Morgan was rather optimistic Monday, May 1 after the takeover by his bank of what remained of First Republic after the bankruptcy, the third of an American bank in a month. This convinced … Read more

The United States wants to open a new chapter in its relations with Africa

Published on : 24/06/2022 – 06:47 – From the start of his term, US President Joe Biden advocated for closer cooperation with Africa to turn the page on the Trump years. Since his arrival at the White House, a diplomatic ballet has begun. Antony Blinken, the country’s first diplomat, visited the continent in November 2021. … Read more

US suspends Mexican avocado imports

Published on : 15/02/2022 – 00:39 – The United States has suspended the import of avocados from the Mexican state of Michoacán after threats that an American inspector received. This is bad news for Mexican producers, the American market is the most important in terms of exports. A US food safety inspector received threats on … Read more

US excludes Ethiopia, Mali and Guinea from Agoa trade deal

Published on : 02/01/2022 – 04:18 – Joe Biden’s administration announced this Saturday, January 2, that it had excluded Ethiopia, Mali and Guinea from Agoa, a trade agreement binding the United States to Africa. Washington has ruled that the actions taken by these three governments violate its principles. « The United States today excluded Ethiopia, … Read more

Foreigners working in Russia targeted by new sanitary measures

Published on : 15/12/2021 – 10:23 – In recent weeks, the community of foreigners in Russia has been in turmoil. The authorities want to impose on them a battery of very broad medical tests and that every three months. From our correspondent in Moscow, The main foreign trade-related companies signed a letter to the authorities. … Read more

Black Friday breaks sales records, mainly online

Published on : 28/11/2021 – 00:37 – The Friday after Thanksgiving in the United States is the big day of shopping: Black Friday. And after the peaks of the Coronavirus pandemic, 2021 broke the sales record. With our correspondent in Houston, Thomas Harms By mid-afternoon Friday, there were 30% more sales than in 2020 (according … Read more

United States: wood prices soar

Published on : 05/11/2021 – 00:13 – Like many materials, wood and especially construction timber is in high demand and prices are soaring. A fourfold increase since the start of the year and the recovery. Lumber prices are soaring in the United States. There are two reasons for this: first, the increase in demand. The … Read more

French CMA CGM acquires one of the largest port terminals in the United States

Published on : 03/11/2021 – 17:58 – The French maritime carrier CMA CGM is entering the North American market with full force. The shipowner announced on Wednesday that he had bought a terminal in the port of Los Angeles for nearly 2 billion euros. A strategic acquisition at a time when port congestion is creating … Read more