Imports

In a bold move likely to stir international trade waters, U.S. President Donald Trump confirmed plans to impose 25% tariffs on imports from Mexico and Canada beginning February 1st. "Will oil be part of the equation?" you might wonder. Surprisingly, that remains an unanswered query. In a meeting with reporters within the storied walls of the Oval Office, Trump cited the hefty influx of undocumented migrants and the perilous rise of fentanyl-mediated deaths as motivations behind this policy shift. With a furrowed brow and a…

In the sprawling and untamed landscapes of Somalia, livestock isn't just a commodity—it's the lifeblood of the economy. Picture this: a whopping 70% of the country's exports are tied to camels, goats, cattle, and sheep. It's a pastoral symphony harmonized around the rhythm of animal trade. But as serene as it sounds, this melodious arrangement hit a discordant note in 2023, when nearly $1 billion flowed primarily into Saudi Arabia's coffers from Somali livestock exports. However, this paradise of pastoral profits faces a…

Ethiopia’s fuel stream shifts focus from Djibouti to Berbera amidst an escalating Horn of Africa power maneuverFILE - A bird’s-eye view of Berbera Port's fuel terminal (upper left) and its freshly-expanded container terminal (foreground), a crucial lynchpin for regional commerce in the Horn of Africa, including Ethiopia’s potential pivot of fuel imports from Djibouti. (Government of North Western State of Somalia)Mogadishu (AX) —  Ethiopia is mulling over rerouting its fuel imports from Djibouti to North Western State of…