#US and 12 countries join new Indo-Pacific trade pact

#US and 12 countries join new Indo-Pacific trade pact

“US and 12 countries join new Indo-Pacific trade pact” TOKYO — President Joe Biden announced 12 countries have joined a new trade pact that the White House says will help the United States work more closely with Asian economies on issues including supply chains, digital trade, clean energy and anticorruption efforts. The signatories joining the…

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#Egypt seizes Ever Given, demands 0M payment

#Egypt seizes Ever Given, demands $900M payment

“#Egypt seizes Ever Given, demands $900M payment” Egypt has impounded the Ever Given — the massive container ship that blocked the Suez Canal and disrupted global commerce for days — while officials negotiate a hefty compensation payment with the boat’s owner, reports say. An Egyptian court allowed the Suez Canal Authority to seize the ship…

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#No lawsuits filed against Ever Given owner

#No lawsuits filed against Ever Given owner

“#No lawsuits filed against Ever Given owner” The owner of the enormous ship that jammed the Suez Canal for hasn’t been sued over the blockbuster blockage — at least not yet. Shoei Kisen Kaisha, the Japanese ship-leasing firm responsible for the 40 million-pound Ever Given, told Reuters it hasn’t received any lawsuits or claims for…

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#Giant container ship blocking Suez Canal partially moved

#Giant container ship blocking Suez Canal partially moved

“#Giant container ship blocking Suez Canal partially moved” Crews have managed to partially free the container ship that caused a massive traffic jam on the Suez Canal. The 440 million-pound Ever Given has been “partially refloated” after high winds and a dust storm turned it sideways and blocked the crucial trade route between Europe and…

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