Internet restrictions in Russia hurt small businesses
Small businesses across Russia are increasingly feeling the impact of tighter internet restrictions, including ...
Trade between Colombia and Ecuador has fallen sharply after new tariffs were imposed, with business groups warning of mounting damage to the cross-border economy.
Ecuador’s President Daniel Noboa imposed a 100% tariff on Colombian imports from 1 May, although the government has not specified which products are affected. Colombia responded by imposing tariffs ranging from 35% to 75% on about 190 Ecuadorian goods.
Transport and business representatives on both sides of the border say the measures have significantly reduced commercial activity. Carlos Bastidas, head of the Carchi Heavy Transport Association, said the dispute had escalated gradually and was driven by what he described as “ego and stubbornness” from both governments.
He said the once-busy border region had suffered social harm as imports and exports declined, warning the situation was leading to job losses and encouraging smuggling as people look for ways to support their families.
Truck traffic at the Rumichaca border crossing has dropped from around 150 vehicles a day to just a handful, according to Ecuadorian transport groups. Iván Flórez, president of the Ipiales Chamber of Commerce, said exports had been “practically shut down”, with only a few trucks passing through, mostly in transit to or from Peru.
He described the situation as suffocating for border communities, which depend heavily on cross-border trade, adding that appeals had been made to both governments and the Andean Community of Nations to intervene.
President Noboa has defended the tariffs, saying they were introduced in response to a trade deficit with Colombia and what he described as inadequate action against drug trafficking along the border. Colombia has rejected those claims.
Ecuador says the measures have improved its trade balance with Colombia for the first time, while Colombian officials say exports have almost ground to a halt. Colombia has also suspended electricity sales to Ecuador, which relies on its neighbour for imports, including medicines and pesticides.
Bulgaria has won the Eurovision Song Contest for the first time, taking victory in a final overshadowed by a boycott over Israel’s participation and the war in Gaza.
At least eight people were injured after a driver rammed a car into pedestrians in the northern Italian city of Modena, authorities said on Saturday. Four of the victims were reported to be in serious condition.
U.S. President Donald Trump said Washington could destroy Iran’s infrastructure “in two days,” while Tehran warned the U.S. would face growing economic costs from the conflict. The remarks came as Hezbollah reported new attacks on Israeli forces despite an extended Lebanon ceasefire.
At least eight people have died and 32 others were injured after a freight train collided with a public bus at a railway crossing in Bangkok on Saturday (16 May), triggering a fire that quickly spread through the vehicle.
U.S. President Donald Trump says China's Xi Jinping agreed Iran must reopen the Strait of Hormuz, as Tehran prepares a new shipping mechanism. Tensions over the U.S. blockade and stalled nuclear talks continue to disrupt global oil supplies.
Small businesses across Russia are increasingly feeling the impact of tighter internet restrictions, including limits on the messaging app Telegram, stricter controls on virtual private networks, and repeated mobile internet outages.
Taiwan’s President Lai Ching-te has reaffirmed the island’s commitment to sovereignty and regional stability following the recent meeting between U.S. President Donald Trump and Chinese leader Xi Jinping.
At least four people have been killed in a major Ukrainian drone attack on Russian territory, including the Moscow region, which authorities say faced its largest aerial assault in more than a year.
China has launched the world’s first experiment to study how artificial human embryos develop in space, marking a major step in understanding whether humans could one day reproduce beyond Earth.
Every day, an elderly woman in China’s Shandong province looks forward to a video call from her son. He asks about her health, tells her he has been busy with work, and promises he will come home once he has saved enough money. She tells him she misses him. He tells her to take care of herself.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment