[GLOBAL ECONOMY] The Future Is Bright For Artificial Intelligence In The Middle East

Date : 2022-07-29

[The Future Is Bright For Artificial Intelligence In The Middle East] - July 24, 2022 As part of ongoing efforts to diversify their economies and build a platform for sustainable future growth, MENA nations are increasingly turning towards artifi...

[GLOBAL ECONOMY] The 150% Energy-Price Shock Waiting for the Next UK Leader

Date : 2022-07-29

[The 150% Energy-Price Shock Waiting for the Next UK Leader] - July 25, 2022 This is the first story in a six-part series on the political and economic landscape facing Britain's new prime minister. Every UK prime minister expects to face chal...

[GLOBAL ECONOMY] China turns to durian diplomacy to boost ties with Southeast Asia

Date : 2022-07-29

[China turns to durian diplomacy to boost ties with Southeast Asia] - July 24, 2022 It is probably the most controversial fruit in the world, and haters often complain that it smells just like rotten onion or stinky eggs. However, the durian, ...

[GLOBAL ECONOMY] The Fed is 'trying to walk the tightrope' to bring down inflation, strategist says

Date : 2022-07-29

[The Fed is 'trying to walk the tightrope' to bring down inflation, strategist says] - July 24, 2022 All eyes are on the Federal Reserve ahead of next week's FOMC meeting as record-breaking inflation persists and consumer sentiment hits new lows....

[LOGISTICS] Rail service from LA/Long Beach ports moving at speed of sloth

Date : 2022-07-29

[Viewpoint: Rail service from LA/Long Beach ports moving at speed of sloth] - July 15, 2022 The flow of trade is being derailed out of the ports of Los Angeles and Long Beach as $1.5 billion in trade is landlocked waiting for rail service. A comb...

[LOGISTICS] National railway strike APPROVED by locomotive union… all trains in America may HALT this coming Monday

Date : 2022-07-29

[National railway strike APPROVED by locomotive union… all trains in America may HALT this coming Monday] - 07/15/2022 Some 57,000 rail workers across the United States are slated to walk off the job on July 18 in protest against low wages and po...

[AIR] Shanghai airfreight operations stable for now as Covid cases creep up

Date : 2022-07-29

[Shanghai airfreight operations stable for now as Covid cases creep up] - 14 / 07 / 2022 Covid is on the rise again in Shanghai but “there has been no impact on airfreight” so far and turnover at Shanghai Pudong Airport (PVG) has bounced back, ac...

[OCEAN] Over $31 billion in trade is rail-landlocked or stuck at anchor off U.S. coasts

Date : 2022-07-29

[Over $31 billion in trade is rail-landlocked or stuck at anchor off U.S. coasts] - JUL 15 2022 - $1.5 billion in trade is landlocked at the Ports of Long Beach and Los Angeles waiting for rail service. - Rail dwell in San Pedro Bay is over...

[GLOBAL ECONOMY] A broken global economy is jacking up prices around the world. Experts say we’ve seen this before: World War I

Date : 2022-07-29

[A broken global economy is jacking up prices around the world. Experts say we’ve seen this before: World War I] - July 16, 2022 The end of an era is sometimes obvious, but not always. Over 100 years ago, as the world took up arms in what was ...

[GLOBAL ECONOMY] GLOBAL MARKETS-Asia tries to bounce, tense week ahead for EU

Date : 2022-07-29

[GLOBAL MARKETS-Asia tries to bounce, tense week ahead for EU] - July 18, 2022 Asian shares inched higher on Monday following a much-needed bounce on Wall Street, but nerves are stretched ahead of a near-certain rate hike in Europe and another ro...

[GLOBAL ECONOMY] Energy Markets Will Determine The Fate Of The Euro

Date : 2022-07-29

[Energy Markets Will Determine The Fate Of The Euro] - July 17, 2022 A few days ago, a rare event in the forex markets took place: for the first time in two decades, the euro achieved parity with the U.S. dollar. The euro's epic collapse has seen...

[GLOBAL & ECONOMY] China Is Pariah for Global Investors as Xi’s Policies Backfire

Date : 2022-07-29

[China Is Pariah for Global Investors as Xi’s Policies Backfire] - 2022.07.18 After drawing foreign capital into China’s markets for years, President Xi Jinping is now facing the risk of a nasty period of financial de-globalization. Investors poi...

[GLOBAL & ECONOMY] Anxiety Grows Among Americans as Crisis After Crisis Spirals Out of Control

Date : 2022-07-29

[Anxiety Grows Among Americans as Crisis After Crisis Spirals Out of Control] - July 15, 2022 For an American populace that has been hit with bad news after bad news, the inflation numbers reported this week were a particularly painful gut punch....

[LOGISTICS] Beginning of the end for carriers’ bull run

Date : 2022-07-13

[Beginning of the end for carriers’ bull run] - 05/07/2022 The container market has definitely turned, but don’t expect a swift normalisation, says Drewry’s latest Container Forecaster report. It certainly feels like we are at the beginning of t...

[AIR] Cooling transatlantic market sees average air cargo rates dip

Date : 2022-07-13

[Cooling transatlantic market sees average air cargo rates dip] - 05/07/2022 Global air cargo volumes fell again in June, down 8% year-on-year, with additional summer airline capacity continuing to apply a downward pressure on airfreight rates, e...

[OCEAN] Railroad bottleneck at nation’s busiest West Coast ports reaches inflection point

Date : 2022-07-13

[Railroad bottleneck at nation’s busiest West Coast ports reaches inflection point] - 11/07/2022 Rail congestion from Berkshire Hathaway subsidiary BNSF and Union Pacific, the railroads servicing the West Coast ports, is getting worse and slowing...

[OCEAN] Container lines just posted more record results

Date : 2022-07-13

[Container lines just posted more record results] - July 7, 2022 Early numbers for Q2 2022 point to ongoing bonanza for ocean carriers Container shipping stocks are down double digits since March, yet ocean carriers are still posting record or...

[OCEAN] Shipping’s Half Year Report: Overall Shipping Transportation Index Close To Record High

Date : 2022-07-13

[Shipping’s Half Year Report: Overall Shipping Transportation Index Close To Record High] - 07/07/2022 Clarksons Research have released their half year statistics on to Shipping Intelligence Network. Reviewing the data points (see below and click...

[GLOBAL & ECONOMY] Recession Angst Spurs Pivot to Emerging World’s Growth Engines

Date : 2022-07-13

[Recession Angst Spurs Pivot to Emerging World’s Growth Engines] - July 11, 2022 As panic over inflation gives way to fears about a global recession, emerging-market investors are making a pivot too -- they’re now favoring countries where intere...

[GLOBAL & ECONOMY] Death of 'Abenomics' father may give Japan scope to curb stimulus]

Date : 2022-07-13

[Death of 'Abenomics' father may give Japan scope to curb stimulus] - July 10, 2022 The death of Shinzo Abe, namesake of Japan's "Abenomics" policy, makes any immediate challenge to his legacy highly unlikely but could eventually allow Prime Mini...