Trump orders 'blockade' of sanctioned oil tankers leaving and entering Venezuela
U.S. President Donald Trump has ordered a "blockade" of all sanctioned oil tankers entering and leaving Venezuela on Tuesday (16 December), in Washing...
Turkey has begun exporting around 15,000 tonnes of eggs to the United States as a devastating outbreak of bird flu is slashing U.S. production and sending prices soaring, a leading sector official said on Wednesday.
Deaths of millions of laying hens imperil U.S. President Donald Trump's pledge to bring down everyday costs, as grocery stores ration supplies and restaurants raise prices for egg dishes.
Shipments to the U.S. from Turkey began this month and will continue until July, said Ibrahim Afyon, chairman of the Egg Producers Central Union in Turkey.
"The export will take place through our member companies with the required authorizations, while two firms will coordinate the process," Afyon said.
"A total of 15,000 tonnes of eggs — equivalent to 700 containers — will be shipped," he added.
The U.S. has been working to contain bird flu, which was first detected in dairy cattle in Texas last March and has since spread to more than 970 herds in 17 states. The virus has infected nearly 70 people since April, primarily farm workers exposed to infected poultry or cattle. One person who was infected died.
The outbreak in poultry began in 2022 and has wiped out about 162 million chickens, turkeys and other birds, according to U.S. data. A surge in recent infections is fuelling egg shortages.
"We support the temporary import of egg products to help ease the strain on the U.S. egg supply," said Chad Gregory, CEO of United Egg Producers, a cooperative that represents U.S. egg farmers.
Faced with supply constraints, U.S. companies have sought alternative import markets, leading to negotiations with Turkish producers, Afyon said. The deal is expected to generate around $26 million in export revenue, he added.
Turkey ranks among the world's top 10 egg exporters, Afyon said.
The U.S. Department of Agriculture had no comment on imports.
The agency is rebuilding a stockpile of bird flu vaccines for poultry and granted a conditional license to animal health company Zoetis (ZTS.N), opens new tab for a vaccine for chickens. USDA has not yet authorized the use of vaccines.
At least 37 people have been killed in flash floods triggered by torrential rain in Morocco's Atlantic coastal province of Safi, Moroccan authorities said on Monday (15 December).
Fighting along the Thailand–Cambodia border has entered a fifth consecutive day, despite U.S. President Donald Trump claiming he had brokered a ceasefire between the two sides.
Authorities discovered the lifeless bodies of renowned filmmaker Rob Reiner, aged 78, and his wife, Michele Reiner, 68, in their upscale Brentwood home in Los Angeles on Sunday. The police investigation has labeled the incident an apparent homicide.
Schools across Cambodia and Thailand were forced to close on Monday (15 December) as border clashes between the two countries escalated, with the death toll reaching at least 40 and hundreds of thousands of people displaced, according to officials and local media.
U.S. envoy Steve Witkoff and Ukrainian President Volodymyr Zelenskyy held two rounds of high-stakes talks in Berlin, Germany on 14-15 December. Ukraine’s chief negotiator, Rustem Umerov, posted on X that discussions with the U.S. envoy have been "constructive and productive".
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
China has carried out a major test of a new “super wireless” rail convoy, a technology that could reshape the future of heavy-haul transport.
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