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....It's a bet they can't afford to lose. The car sector makes up 6% of Mexico's gross domestic product and 25% of its exports. ... [Read full article on BBC ]
Tuesday 23rd of May 2017 11:00:17 PM
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....The University of Aberdeen has also recently opened a campus in Qatar. There had been speculation that such bricks-and-mortar academic exports would have been overtaken by the rise in online technology. ... [Read full article on BBC ]
Wednesday 24th of May 2017 01:35:16 AM
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.... The real focus should be on sorting out the long-term weaknesses of the economy. Countries with successful economies find markets for their exports no matter whether they are part of a single market or customs union. ... [Read full article on Guardian ]
Sunday 21st of May 2017 09:58:53 AM
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....”. Bolney wine estate also exports, mainly the sparkling wines that have the international recognition, to Japan, US, Belgium, Switzerland and the Netherlands. ... [Read full article on Guardian ]
Wednesday 24th of May 2017 07:00:30 AM
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....But its economy went into a tailspin when oversupply led to a fall in commodity prices. Also, demand dropped from China, which had been buying 90% of Mongolia's exports. ... [Read full article on BBC ]
Thursday 25th of May 2017 04:51:17 AM
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.... Pay growth has stalled, despite low unemployment and reports that companies are struggling to fill vacancies. The news that Britain’s trade deficit widened more than expected in March has dampened hopes that stronger exports can make up for softer domestic demand. ... [Read full article on Guardian ]
Thursday 25th of May 2017 11:12:55 AM
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.... Strong signals that the eurozone continues to gain momentum added to the euro’s strength. A survey of German business leaders found they expect exports to grow further despite reaching record highs. ... [Read full article on Guardian ]
Friday 26th of May 2017 06:37:09 PM
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....“High inflation is hitting consumers, but a weak pound and a recovering global economy are helping businesses. UK growth is likely to tilt away from the consumer towards exports, manufacturing and investment this year. ... [Read full article on Guardian ]
Thursday 25th of May 2017 09:24:06 AM
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Latest Finance News related to Exports

FTSE reaches record high as UK opinion poll spooks sterling image
Source : Guardian [Read Article] Friday 26th of May 2017 06:37:09 PM
.... Strong signals that the eurozone continues to gain momentum added to the euro’s strength. A survey of German business leaders found they expect exports to grow further despite reaching record highs. ...
Brexit economy: workers face squeeze but firms remain upbeat image
Source : Guardian [Read Article] Thursday 25th of May 2017 11:12:55 AM
.... Pay growth has stalled, despite low unemployment and reports that companies are struggling to fill vacancies. The news that Britain’s trade deficit widened more than expected in March has dampened hopes that stronger exports can make up for softer domestic demand. ...
UK economy slows more than expected as inflation hits spending image
Source : Guardian [Read Article] Thursday 25th of May 2017 09:24:06 AM
....“High inflation is hitting consumers, but a weak pound and a recovering global economy are helping businesses. UK growth is likely to tilt away from the consumer towards exports, manufacturing and investment this year. ...
Mongolia gets financial aid totalling $5.5bn from IMF image
Source : BBC [Read Article] Thursday 25th of May 2017 04:51:17 AM
....But its economy went into a tailspin when oversupply led to a fall in commodity prices. Also, demand dropped from China, which had been buying 90% of Mongolia's exports. ...
English champagne anyone? British wine goes from sad to sparkling image
Source : Guardian [Read Article] Wednesday 24th of May 2017 07:00:30 AM
....”. Bolney wine estate also exports, mainly the sparkling wines that have the international recognition, to Japan, US, Belgium, Switzerland and the Netherlands. ...
Brum in the sun image
Source : BBC [Read Article] Wednesday 24th of May 2017 01:35:16 AM
....The University of Aberdeen has also recently opened a campus in Qatar. There had been speculation that such bricks-and-mortar academic exports would have been overtaken by the rise in online technology. ...
'Nothing we could do' image
Source : BBC [Read Article] Tuesday 23rd of May 2017 11:00:17 PM
....It's a bet they can't afford to lose. The car sector makes up 6% of Mexico's gross domestic product and 25% of its exports. ...
Forget Brexit, the real challenge is creating enough wealth for an ageing population image
.... The real focus should be on sorting out the long-term weaknesses of the economy. Countries with successful economies find markets for their exports no matter whether they are part of a single market or customs union. ...
German business leaders urge Tories to rethink plan to leave single market image
....“Above all, German industry knows that when it comes to dealing with international politics, you sometimes have to go with what the government decides. In any case, if businesses had to choose between maintaining exports to the UK and keeping the European Union together, it’s obvious they would go with the latter. ...
GM to stop making cars for Indian market image
Source : BBC [Read Article] Friday 19th of May 2017 05:19:34 AM
....GM's announcement comes against the backdrop of predictions that India will become the world's third biggest vehicle market by 2020. But the firm has put faith in exports from India. ...
Japan's economy grows faster than expected image
Source : BBC [Read Article] Thursday 18th of May 2017 09:25:20 AM
....The figures means Japan has now recorded its longest period of expansion in more than a decade. The economy's prospects have been boosted by strong exports, a pick-up in consumption and investment for the Tokyo Olympics in 2020. ...
German economic growth speeds up image
Source : BBC [Read Article] Friday 12th of May 2017 06:50:04 AM
....Household and state spending were strong, while firms invested money in construction and equipment, said German statistics authority Destatis. Foreign trade also helped, as exports increased faster than imports. ...
Bank of England warns Brexit vote will damage living standards image
Source : Guardian [Read Article] Thursday 11th of May 2017 11:14:34 AM
....The squeeze on household budgets will have repercussions for an economy that is highly reliant on consumer spending to drive growth. But the Bank’s policymakers said weaker consumer spending would be offset by rising business investment and an improving trade performance as the weak pound and solid overseas demand boost exports. ...
'Eat to extinction image
Source : BBC [Read Article] Friday 5th of May 2017 11:10:19 AM
....It helps that 2017 had already been designated an official China-Denmark tourism year, with a roster of programmes in place. Alibaba and Denmark also signed a memorandum of understanding in March to increase Danish exports and promote the Nordic country as a tourist destination. ...
Hard Brexit would cost us £500m a year, says oil and gas industry image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 02:09:22 PM
....On WTO rules, the EU would apply a 3% tariff rate on exported refined petroleum goods, with a range of tariff rates applied to other goods. The result would be an extra £260m trading cost imposed on exports, and £230m on imports. ...
Scaling success image
Source : BBC [Read Article] Tuesday 2nd of May 2017 11:15:46 PM
....He points out that producers have worked hard alongside the SSPO and the Scottish Food and Drink trade body to promote the fish. The public sector's contribution has been significant too, through Scottish Development International, the government agency that promotes exports. ...
UK food sector faces enormous challenges post-Brexit, say peers image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 11:01:13 PM
. Leaving the European Union without a trade deal in place could put up to 97% of British food and drink exports at risk, according to a House of Lords report that lays bare the agricultural industry’s overwhelming reliance on local markets. ...
South Korea shrugs off tension with sharp rise in exports image
Source : BBC [Read Article] Monday 1st of May 2017 10:39:58 AM
.... . Figures show exports are growing at the fastest rate in six years. ...
Avocado prices at record high due to reduced harvests image
Source : BBC [Read Article] Monday 1st of May 2017 07:51:12 AM
....The US is the world's largest consumer and importer of avocados, but the "butter fruit" is also rapidly gaining fans in China. Avocado exports from Latin America to China are growing by about 250% a year, according to the Financial Times. ...
Chinese economy cools as key sectors continue to slow image
Source : Guardian [Read Article] Sunday 30th of April 2017 02:42:19 PM
....The Chinese economy has defied expectations over the first three months of 2017, with GDP growing 6. 9%, but economists expect the pace of expansion to ease during the rest of the year as the government continues its efforts to shift from an economic model based on debt-fuelled investment and exports towards a consumer-driven one. ...
EU outlines Brexit negotiating stance image
Source : BBC [Read Article] Saturday 29th of April 2017 07:59:40 PM
...." . Expats, exports, security: What's worrying the EU about Brexit?. ...
TV drama and the weak pound set the scene for holidaymakers image
Source : BBC [Read Article] Wednesday 26th of April 2017 11:01:32 PM
.... . A Barclays survey suggests that Linnea is not alone in choosing to explore Britain thanks to a passion for UK's small screen drama exports. ...
Has the US started a lumber trade war with Canada? image
Source : BBC [Read Article] Tuesday 25th of April 2017 07:29:49 PM
.... . The US Commerce Department says that Canada is improperly subsidising its exports of the forestry product. ...
Inflation puts the brakes on Britain's economic activity image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
.... The work and pensions minister, Damian Green, said on Sunday that the Conservative party’s election manifesto would focus on the Brexit negotiations and domestic concerns such as strengthening the economy. The negative effects of sterling’s slide since the EU referendum appear to be outweighing the positive effects – a boost to exports. ...
Company profit warnings increase on previous quarter image
Source : BBC [Read Article] Sunday 23rd of April 2017 08:23:22 AM
....And another 28% of warnings cited contract delays or cancellations. "Improving global growth and the positive impact of a weaker pound on exports, combined with falling expectations in stressed areas, should limit the number of profit warnings in the near-term," said Alan Hudson of EY. ...
A hasty election before Britain sees the hard truth of Brexit image
Source : Guardian [Read Article] Sunday 23rd of April 2017 05:59:05 AM
....All the evidence is that the free-trade agreements that the Brexiters promise us will take many years to negotiate. Llewellyn Consulting estimates that leaving the single market and reverting to a free-trade agreement with the EU could reduce our exports by approximately 20%. ...
‘Modest’ interest rate rise on cards, says Bank of England expert image
Source : Daily Express [Read Article] Friday 21st of April 2017 08:49:00 PM
.... . He told the Federation of Small Businesses the growth would be driven by business investment and exports, helping to offset the slowdown in consumer spending. ...
Trump launches investigation into steel dumping image
Source : BBC [Read Article] Friday 21st of April 2017 07:41:27 AM
.... . Commenting on the probe Wilbur Ross, the US Commerce Secretary, said Chinese exports now accounted for 26% of the US steel market. ...
Trump signs order to assess whether steel imports threaten national security image
....While the investigation will appeal to his voters, it is all but certain to worsen trade relations with Beijing and comes just days after Trump backed down from his accusations that China was a “currency manipulator”. In January China criticised “extreme” tariffs on its exports and said it had already been hit with a record number of retaliatory trade measures from rival economies and trading blocs in 2016. ...
IMF shifts from dismal to pessimistic, but has a sharper message about inequality | Greg Jericho image
....The IMF however does predict the unemployment rate will fall below 5% – a much more optimistic outlook than it has had for the past two years:. Mostly this increased optimism is because Australia exports iron ore, coal and gas. ...
IMF says global financial stability has improved image
Source : BBC [Read Article] Wednesday 19th of April 2017 12:31:28 PM
.... . The report notes that share prices in countries with substantial manufacturing exports to the US - such as Mexico and Vietnam - have been relatively weak. ...
Burberry shares dive despite sales rise image
Source : BBC [Read Article] Wednesday 19th of April 2017 09:32:28 AM
....Burberry's chief finance officer Julie Brown said: "Clearly, with the election announced yesterday, there is a period of instability as we go through Brexit, and that's a concern for any global business. We're interested in understanding what the tariffs will be on exports from the UK. ...
Services matter image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:13:46 PM
....Much of the debate has focused on trade in goods. Will there be tariffs on British exports to the EU and vice versa? President Trump has threatened carmakers with a "border tax" if they expand operations in Mexico. ...
El Paso: the border city grappling with the ramifications of Trump's proposals image
....Mexican trade is vital to Texas. Some $98bn in exports and imports passed through the El Paso customs district in 2015. ...
Industrial strategy 'must help' UK creative industries image
Source : BBC [Read Article] Saturday 15th of April 2017 02:53:13 AM
....1% between 2014 and 2015. Brexit means it is now "even more crucial" for the sector "to deliver more jobs, trade and exports", it adds. ...
Trade agenda image
Source : BBC [Read Article] Thursday 13th of April 2017 11:17:15 PM
.... . Mr Trump has also criticised Japan for barriers to American car exports and for manipulating its currency to gain a competitive advantage. ...
Is business starting to get spooked about Donald Trump? | Larry Elliott image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:36:22 PM
....On this last point, at least, there was some sense in what the president had to say. It is all very well sabre rattling about the imposition of tariffs and putting taxes on imports but a rising currency would blunt the impact of any protectionist measures by making US exports dearer. ...
Record company revenues hit new high image
Source : BBC [Read Article] Wednesday 12th of April 2017 11:18:29 PM
....He added that strong intellectual property protections would need to be included in trade talks with third party countries. An International Trade spokeswoman said: "Music is one of our most important exports and trade policy has a key role in supporting growth in this market. ...
Donald Trump: China 'not a currency manipulator' image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:59:49 PM
....He made the comments days after meeting China's President Xi Jinping. China has been accused of suppressing the yuan to make its exports more competitive with US goods. ...
Eggs-porting isn't easy image
Source : BBC [Read Article] Tuesday 11th of April 2017 11:14:15 PM
....The oval shape of eggs and the boxes required to keep them intact means that, compared to the amount of space they take up in a shipping container, it is impossible for Montezuma's to charge the end customer enough to make a decent profit. Foreign sales account for about a fifth of the company's overall sales and for this financial year, ending in May, it expects exports to hit the £1m mark for the first time. ...
Trump is reckless – but he knows he can't afford to antagonise China | Barry Eichengreen image
.... As with Obama, the agent of change is turning out to be an agent of continuity. The US has some legitimate economic grievances against China – for example, over its treatment of American intellectual property and US beef and grain exports. ...
'Lonely life' in Indonesian village where mothers work abroad image
Source : BBC [Read Article] Monday 10th of April 2017 11:04:16 PM
....Millions of Indonesian women have left their families behind to work abroad. The East Lombok district exports the most people and is a migrant worker hotspot. ...
Price rises and pay figures to underline Brexit strain on Britons image
Source : Guardian [Read Article] Sunday 9th of April 2017 11:01:21 PM
.... But the balance of economic activity in 2017 would be different. It expects the pound’s drop, along with improving fortunes for the UK’s big trading partners, to spur exports growth, with net trade forecast to add 0. ...
America owes China $1tn. That’s a problem for Beijing, and Trump knows it image
....China depends on the US in a way the US does not depend on China. Nearly 4% of China’s GDP comes directly from exports to the US, while the equivalent figure for the US is less than 1%. ...
Brexit raises spectre of dearer Guinness and Baileys image
Source : Guardian [Read Article] Friday 7th of April 2017 04:10:28 PM
....Cans of Guinness could be an unexpected casualty of Brexit if a new customs border or tariffs are introduced between the Republic and Northern Ireland when the UK leaves the European Union, it has emerged. Guinness is one of Ireland’s most famous exports but Brexit will have a direct impact on its production as the black stuff crosses the Irish border twice before being shipped from Dublin to Britain and beyond. ...
UK industrial output falls in February image
Source : BBC [Read Article] Friday 7th of April 2017 09:27:16 AM
....According to the ONS, the deficit was fuelled by what it called "erratic items", such as imports of gold and aircraft. "The overall trade deficit worsened, but excluding erratic items, the picture improved, as imports fell more than exports," said ONS senior statistician Kate Davies. ...
May and LSE chief woo Saudi ministers for $2tn Aramco listing image
Source : Guardian [Read Article] Wednesday 5th of April 2017 09:44:22 AM
....Trade talks have historically focused on arms sales, but sources insisted the prime minister had not brought a full trade delegation with her on this trip, with no one from the British multinational arms manufacturer BAE Systems. In 2015, 83% of UK arms exports almost £900m – went to Saudi Arabia, according to analysis of HMRC figures by Greenpeace. ...
Trump's trade tactics image
Source : BBC [Read Article] Tuesday 4th of April 2017 11:33:23 PM
Asos chief says warehouse conditions are 'great' despite complaints image
Source : Guardian [Read Article] Tuesday 4th of April 2017 05:13:48 PM
....2m in the six months to 28 February as the business benefited from a 54% rise in sales overseas, with particularly strong growth in Australia and Russia. The devaluation of the pound after the EU referendum helped exports which now make up 60% of the group’s sales. ...
Will populist leaders stifle the global recovery – or vice versa? image
Source : Guardian [Read Article] Tuesday 4th of April 2017 03:32:12 PM
.... But a tariff would eventually be overturned by the World Trade Organisation, and a default on US debt would be even more reckless. If Trump can persuade China to open up its economy more to US exports, and to help reign in North Korea, he will have achieved something. ...
Cost of junk image
Source : BBC [Read Article] Tuesday 4th of April 2017 12:52:58 PM
.... This is because the price of imported goods rises in local currency terms. The flip side of this is that exports become cheaper and more competitive. ...
Online retailer Asos sees exports boosted by weak pound image
Source : BBC [Read Article] Tuesday 4th of April 2017 07:32:22 AM
....Online fashion retailer Asos has seen a jump in half-year profits and sales driven by an "accelerated international performance". The company said the fall in sterling since the EU referendum, had boosted exports, enabling it to cut prices. ...
Putin's illiberal stagnation in Russia offers up a valuable lesson | Joseph Stiglitz image
....In terms of per capita income, Russia ranks 73rd (in terms of purchasing power parity) – well below the Soviet Union’s former satellites in central and eastern Europe. The country has deindustrialised: the vast majority of its exports now come from natural resources. ...
Hull after Brexit – will the City of Culture regret voting out? image
Source : Guardian [Read Article] Sunday 2nd of April 2017 02:30:03 PM
.... Their income in this country is, for all practical purposes, guaranteed; the price of electricity is fixed for the first 15 years and their initial investment recouped from a surcharge on the bills paid by British households and consumers. Kaeser and Maier have not reversed their position on possible exports into the EU from Hull. ...
British rail is nationalised all over again – by foreign states image
Source : Guardian [Read Article] Saturday 1st of April 2017 02:59:28 PM
....Some believe that Britain’s departure from the EU could prompt reform. Mick Cash, general secretary of the RMT union, says: “With the government triggering article 50, and freeing the UK from EU rail directives, there is now no excuse at all for carrying on with the wholesale rip-off that exports British fare payers’ cash overseas. ...
Sterling’s fall lifts UK exports, figures show image
Source : Guardian [Read Article] Friday 31st of March 2017 04:15:49 PM
....Britain’s trading position with the rest of the world improved markedly in the final three months of 2016, boosting hopes that the pound’s sharp fall since the Brexit vote can help the economy become less reliant on domestic spending. As sterling’s fall made UK goods more competitive on overseas markets and boosted exports, there was a significant narrowing in the UK’s current account deficit, the latest ONS growth figures showed. ...
The UK must not let this Brexit crisis go to waste. Nor must the EU image
Source : Guardian [Read Article] Friday 31st of March 2017 01:53:07 PM
.... It has since fallen to 65% of US levels. Over the past decade the volume of UK exports to the EU has grown by only 4% due to stagnation in many eurozone markets, while exports to the rest of the world have grown by 42%. ...
Household savings ratio falls to record low, says ONS image
Source : BBC [Read Article] Friday 31st of March 2017 10:36:39 AM
....1% in January. The British economy continued to grow strongly at the end of last year boosted by the dominant services sector and increasing exports. ...
UK businesses welcome May's free trade call but warn of no-deal Brexit disaster image
....British businesses have cautiously welcomed the prime minister’s pledge to work for a “bold and ambitious free trade agreement” with the EU as part of the Brexit negotiations, but reiterated warnings that it would be disastrous for the UK to leave without a deal. Concerns have been rising among businesses in recent weeks that the UK could be heading towards a hard Brexit that would mean paying World Trade Organisation tariffs of about 5% on imports and exports with Europe. ...
EU departure but … UK sees record-breaking increase in visitors image
Source : Guardian [Read Article] Wednesday 29th of March 2017 10:58:18 AM
....The latest World Travel and Tourism Council (WTTC) economic impact report for 2017, says that the UK’s travel and tourism sector is expected to do well in 2017 despite the uncertainty caused by Brexit. According to the report, visitor exports – the money spent by visitors to the country – is forecast to grow by 6. ...
Brexit Britain image
Source : BBC [Read Article] Tuesday 28th of March 2017 11:04:40 PM
.... That plan would mean relying on the rules of the WTO. At the moment the UK and the rest of the EU apply WTO-agreed tariffs on other countries' exports, covering more than 5,000 categories of goods, from "apples to zinc oxide". ...
Trump is wrong to criticise Germany over trade – he should look closer to home image
.... The euro is too cheap relative to the US dollar, and Germany is selling too cheaply to its trading partners within the eurozone. This undervaluation boosts demand for German goods in other countries, while making Germany reluctant to import as much as it exports. ...
​Sweet Brexit: what sugar tells us about Britain’s future outside the EU image
.... If they are forced to compete head-on with what the NFU regards as artificially subsidised cane sugar from producers places in places such as Brazil and Thailand, it fears the economics of an industry supporting 9,600 jobs will unravel. The NFU accuses many cane-producing countries of dumping exports at prices below their true cost of production because governments offer various complicated farm subsidies. ...
UK manufacturers tell May no EU deal is 'simply unacceptable' image
Source : Guardian [Read Article] Monday 27th of March 2017 05:01:00 AM
....But in a new report EEF said the manufacturing sector would be badly affected by losing access to the single market and the customs union and that not having a new trade deal would leave it particularly exposed on day one. If there is no agreement between Britain and the EU then businesses could face World Trade Organisation tariffs of more than 5% on exports to the continent. ...
Dyson plays down hard Brexit concerns as company posts £2.5bn record sales image
.... Popular products included Dyson’s new V8 cordless vacuum cleaner – its fastest-selling vacuum cleaner ever – and its first hairdryer, the supersonic, which was the second most sold item on John Lewis’s website before Christmas, behind chocolate coins. Dyson pays WTO tariffs because it manufactures products in Singapore then exports them around the world, including to Europe. ...
Parts of UK that voted for Brexit may be hardest hit, study finds image
Source : Guardian [Read Article] Sunday 26th of March 2017 11:01:43 PM
....Several parts of Britain that voted to leave the European Union are among the most vulnerable to the economic impact of Brexit, according to new research published as the government prepares to trigger article 50. Researchers at the thinktank Demos studied regional differences in the reliance on exports to the EU, use of European workers and receipt of support grants. ...
Brexit: Food chiefs warn on EU tariffs image
Source : BBC [Read Article] Sunday 26th of March 2017 08:55:57 PM
....They say farmers need to import animal feed, and to export products if UK demand is insufficient. Food and drink manufacturers rely on exports to grow their businesses and on imports for some ingredients, while retailers need access to a full range of goods all year round, they add. ...
Brexit talks will fail without compromise: José Manuel Barroso image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:09 PM
....Barroso spoke ahead of the publication of a report on Monday from the organisation that represents British manufacturers, the EEF, saying it would be unacceptable for the British government to come away without a deal. About 52% of all UK manufactured exports by value went to the EU in the 12 months to April 2016, with production processes crossing European borders numerous times. ...
Cauliflower prices slashed as UK's warm weather leads to glut image
Source : Guardian [Read Article] Friday 24th of March 2017 05:05:46 PM
....Richards said it had been tricky dealing with the overstocks but he was “financially pleased” with his growing season. “We did win business when Spain was out of action and the lower exchange rates have helped exports,” he said. ...
No EU trade deal is better than a bad deal? Don’t bet on it, Theresa May | Jonathan Portes image
....For some ministers, this doesn’t seem to be a problem. After all, we already trade under WTO rules with the US – and our exports to the US are worth about £88bn per year. ...
‘Vegetable ivory’ image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:22:41 AM
....Using tagua as a substitute for ivory is nothing new. Indeed exports to Europe began in the 19th Century in order to meet the demand for an ivory-like raw material. ...
Brexit: Single market benefit 'largely imaginary' image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:13:02 AM
....The trade benefits of belonging to the European Union have been "largely imaginary", according to the social policy think-tank Civitas. Its analysis argues that exports from non-EU countries to the single market have grown faster than the UK's, since its creation in 1993. ...
Oil theft 'provides billions for terrorists and drug cartels' image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:12:54 PM
....Oil theft is fuelling terrorist groups and drug cartels around the world, according to a new analysis. Mexican drug gangs can earn $90,000 (£72,000) in seven minutes from tapping a pipeline of refined oil, while insurgents in Nigeria financially benefit from a share of the third of the country’s refined oil exports that is lost to theft, said the Atlantic Council. ...

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