Automotive leather – Global auto production still recovering from pre-pandemic levels

3 April 2023 Automotive leather – Global auto production still recovering from pre-pandemic levels The following table from Wikipedia shows global auto production and the top ten producing countries since 2018.   China is the dominant force in global auto production and together with its Asian neighbors of Japan, India and South Korea illustrates how… Continue reading Automotive leather – Global auto production still recovering from pre-pandemic levels

Bucharest Conference – TCLF partners sign Bucharest Declaration

3 April 2023 Bucharest Conference – TCLF partners sign Bucharest Declaration European social partners, for the textiles, clothing, leather, and footwear (TCLF) industries, have signed a joint declaration committing to strengthen their engagement and joint work for a positive future for both employers and workers in South East Europe, following a two day conference in… Continue reading Bucharest Conference – TCLF partners sign Bucharest Declaration

International Trade – Brazil, China ditch U.S. dollar for trade in favor of their own currencies

3 April 2023 Brazil, China ditch U.S. dollar for trade in favor of their own currencies AFP and Fox Business report that China and Brazil agreed to trade in their own currencies, discarding the U.S. dollar as a go-between, the Brazilian government announced on 29 March.     The deal will be of considerable benefit… Continue reading International Trade – Brazil, China ditch U.S. dollar for trade in favor of their own currencies