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Canada trade surplus doubles as wheat shipments rebound
Canada trade surplus doubles as wheat shipments rebound
by  AFP

Canada's trade surplus doubled to Can$1.1 billion (US$800 million) in September from the previous month as wheat shipments rebounded strongly, the national statistical agency said Thursday. Canada's trade surplus with the United States -- its neighbor and largest trading partner -- narrowed slightly to Can$9.8 billion.

US trade deficit widens in September as imports rise
US trade deficit widens in September as imports rise
by  AFP

The US trade gap widened in September after five straight months of decline, government data showed Thursday, on cooling food and energy exports while imports of products like semiconductors and consumer goods picked up. In September, the overall trade deficit widened to $73.3 billion, up from a revised $65.7 billion figure in August, Commerce Department data showed.

Europe could face gas shortage next year: IEA
Europe could face gas shortage next year: IEA
by  AFP

Europe must act immediately to prevent a shortage of natural gas next year as Russia slashes deliveries in the wake of the Ukraine war, the International Energy Agency warned Thursday. The IEA said the shortfall would occur if Russia stops pipelines deliveries completely and China steps up its imports of liquefied natural gas, which Europe has relied upon to replace Russian supplies.

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