Sat, 04 Dec 2021

KAMPALA -- Uganda on Monday said it expects a business boom after Britain struck it off from its travel red list due to the COVID-19 pandemic.

Fred Byamukama, minister of state for transport, told local media that the east African country had been planning to launch direct flights to London after the national carrier, Uganda Airlines, secured two A330s. (Uganda-Britain-Travel-COVID-19)

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DENVER, the United States -- Transportation and warehouse prices skyrocketed and set new records in September as the supply chain bent under mounting pressure.

"For the fourth consecutive month we observe an all-time high reading for warehousing prices. Interestingly, this still comes in behind transportation prices, which read in at an astronomical rate," noted Zachary Rogers, co-founder of the monthly Logistics Managers' Index (LMI). (U.S.-Supply Chain-LMI)

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AMMAN -- Jordan's Gross Domestic Product (GDP) rose by 3.2 percent in the second quarter of 2021, compared to the same period of 2020, announced the Department of Statistics (DoS) on Sunday.

It said that the increase was driven by broad growth in various sectors of the economy, the state-run Petra news agency reported. (Jordan-GDP-Rise)

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WASHINGTON -- U.S. trade groups representing importers expressed disappointment with the White House's plan to leave the Section 301 tariffs imposed by the Trump administration in place, according to an article published on the Yahoo Finance website recently.

The U.S. National Retail Federation said in a statement that U.S. President Joe Biden's trade strategy toward China "will further inflict unnecessary damage to the American economy and retail supply chains. Because these tariffs touch products in nearly every sector of the U.S. economy, they also ultimately force consumers to pay higher prices." (U.S.-Tariff-China)

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