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The more pessimistic outlook “reflects the broad-based weakening of the economic environment in all the main economies,” Chief Executive Officer Soren Skou said in the statement. “Negative effects from … Read more
Amazon is now letting customers order $1 items and up with one-day shipping Users can now order single sticks of deodorant, toothbrushes, and more The new policy will likely put … Read more
By Tsvetana Paraskova China’s tanker owning company Cosco Dalian, which was sanctioned by the U.S. two weeks ago for knowingly shipping Iranian oil, has seen one third of its oil … Read more
When she added Gabrielle’s name to the chart in her kitchen, Judy Kennedy could picture the annual ritual. At birthdays she would ask her newest grandchild to stand up straight, … Read more
by visualcapitalist Over 90% of all global trade takes place on our oceans. Unfortunately, the network of 59,000 vessels powering international commerce runs on sulfur-laden bunker fuel, and resulting emissions are … Read more
via Zerohedge: FedEx has elected not to renew one of its contracts with Amazon for their Express overnight and two-day service. “FedEx has made the strategic decision to not renew … Read more
by WARREN MOSLER Interest-Rate Policy Is Backward, Modern Monetary Theory Pioneer Mosler Says Under consumption identity: for ever agent that spent less than his income, another must have spent more, … Read more
Global 40’ Shipping Container Rate continues to plunge. pic.twitter.com/pooQHMdoRU — Alastair Williamson (@StockBoardAsset) May 29, 2019 equity vol higher and ig credit spreads widening – stress is forming pic.twitter.com/C5I96VKETQ — … Read more
Via Marketwatch There are a number of strange but intriguing cabins and homes for sale on the internet giant that are low priced. But they’ve often got big downsides and … Read more
global 40 ft shipping container rates so far don't support 2h19 rebound story pic.twitter.com/SHvUawcZzu — Alastair Williamson (@StockBoardAsset) April 21, 2019 probably not a good thing pic.twitter.com/aOUIRhrg2h — Alastair Williamson … Read more
By Irina Slav President Donald Trump has signed an executive order seeking to limit states’ powers in the approval or rejection of new oil and gas pipeline projects. CNBC reports the signing … Read more
via Zerohedge: The slowdown in global trade began many quarters before the Trump administration launched a trade war with China last May. The primary cause of the downturn is sharp declines in intra-Asian trade – mostly … Read more
via PJ As a child my first concept of prepping was a basement in a large log cabin sort of house in which lived some friends of our family. The stairs … Read more
Is there anything happening in the global economy that we should be concerned of? Or just a couple bumps in the road? Things aren’t looking good in the shipping industry. … Read more
by John Rubino The Baltic Dry Index represents the cost of renting an ocean-going container ship to move goods from, say, Chinese factories to the Port of Los Angeles. The … Read more
by Martin Armstrong COMMENT: Hi Martin, Happy Holidays. First of all thank-you, you and Socrates are amazing, I have all the wrong instincts as a trader but since I have been … Read more