live U.S. launches Navy blockade of Iranian ports as Tehran vows retaliation- Tuesday 14 April
The U.S. military began a blockade of Iran's ports on Monday, President Donald Trump said, and Tehran threaten...
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 a time of deepening global polarisation, rising conflict and shrinking space for dialogue, Pakistan is stepping into a historic role. Diplomatic engagements in Islamabad, bringing together regional powers amid the Iran crisis, signal both urgency and opportunity.
U.S. President Donald Trump warned that any Iranian ships approaching ports in the Strait of Hormuz would be "immediately eliminated" on Monday, as the U.S. started its blockade.
Afghanistan’s Foreign Ministry said on Sunday that talks with Pakistan had been positive, while Türkiye stressed the importance of stronger ties between Kabul and Islamabad.
The U.S. military began a blockade of Iran's ports on Monday, President Donald Trump said, and Tehran threatened to retaliate against its Gulf neighbours' ports after talks in Islamabad on ending the war broke down at the weekend.
Centre-right Peter Magyar's Tisza Party has won a landslide in Hungary after a night of counting in the Hungarian election. Viktor Orbán has conceded defeat after 16 years in power. "We have done it. Tisza and Hungary have won this election", Magyar said to cheering supporters in Budapest.
China’s export growth slowed sharply in March, as the fallout from the Middle East conflict pushed up energy and shipping costs, weakening global demand and exposing risks in Beijing’s reliance on manufacturing to drive growth.
A French fashion label is placing China at the heart of its global ambitions, choosing Shanghai for its worldwide debut in a move that shows growing confidence in the country’s consumer market and cultural influence.
Walt Disney is planning to cut up to 1,000 jobs in the coming weeks, with many of the reductions expected to affect its marketing division, The Wall Street Journal reported on Wednesday, citing sources familiar with the plans.
Major automakers showcased new electric vehicles at the New York Auto Show this week, under the slogan “electrification is the future." However, weakening demand in the United States and intense competition with China are raising questions for markets across the globe, including the South Caucasus.
The U.S. national average retail price of petrol rose above $4 a gallon for the first time in over three years on Monday (30 March), according to GasBuddy data, as the U.S.–Israeli war with Iran continued to roil global energy markets.
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