Headlines

August 20, 2022

CNBC: China issues first national drought emergency amid scorching temperatures

The Moon02 mins mins

China issued its first drought emergency this year as scorching temperatures dry up areas of the Yangtze River and put pressure on the power grid while the country battles the record-breaking heatwave. Authorities issued the national yellow alert late on Thursday after China’s central and southern provinces endured weeks of extreme heat, with temperatures in…

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New UK Developing Countries Trading Scheme 2023

The Moon03 mins mins

On 15 August 2022, the United Kingdom launched its new Developing Countries Trading Scheme (DCTS). The scheme provides duty-free, quota-free trade to LDCs on everything but arms and duty-free, quota-free trade on 85% of eligible goods to most LICs and LMICs. The DCTS will replace the UK’s Generalised Scheme of Preferences (GSP) in early 2023. It contains product-specific rules of origin for LDCs….

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