China’s foreign service trade deficit narrowed in October while the trade volume dropped, data from the State Administration of Foreign Exchange (SAFE) showed Monday. In October, China saw a surplus of $49.9 billion in foreign merchandise trade, up from $44 billion in September, according to SAFE. Source: People’sDaily/Xinhua
Days before the start of the tourist season, hotel and restaurant owners in Romania’s Black Sea resorts say they face the worst staff shortage in 28 years. Romania’s Black Sea resorts are set to start their 2018 tourist season this weekend, with over 40,000 visitors expected to head to the seaside for the traditional May 1 break. Source Balkan Insight
The European Union has started monitoring imports of aluminum to determine whether U.S. tariffs have led to a surge in shipments of the metal into Europe, the EU official journal said on Thursday. Source: Reuters
Iran says that its crude oil exports to India have hit 700,000 bpd this month, with sales volume “unprecedented”, Iranian media report, quoting a statement by the Iranian oil ministry. Source: Oil Price
