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Author Topic: COVID-19 🏴☠️ Pandemic  (Read 13217 times)

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AGelbert

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South African Port Closures Add to Commodity Market Turmoil

By Reuters on Mar 26, 2020 11:50 am

Durban Port Harbor deepening

By Helen Reid and Zandi Shabalala JOHANNESBURG/LONDON, March 26 (Reuters) – South Africa’s main export terminals will close to mineral exports from midnight, when a nationwide 21-day lockdown to try to contain the coronavirus begins, disrupting copper and cobalt supplies from the Democratic Republic of Congo and Zambia. Miners in the African copperbelt, which accounts […]  Read full story...



World Trade Hit by Virus Sees Worst Collapse in a Generation

By Bloomberg on Mar 26, 2020 11:21 am


By Bryce Baschuk (Bloomberg) — The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other hubs of international commerce as the U.S. and Europe struggle to contain the coronavirus pandemic. The Great Recession, the Sept. 11 attacks, the 1973 oil embargo — none of these modern crises […]  Read full story...



Wallenius Wilhelmsen Announces 2,500 Temporary Layoffs in U.S. and Mexico

By Mike Schuler on Mar 25, 2020 06:04 pm

Wallenius Wilhelmsen ro-ro ship

Wallenius Wilhelmsen has announced temporary layoffs of 2,500 workers as it suspends operations at several land-based processing facilities in the U.S. and Mexico as the coronavirus pandemic wreaks havoc on its business.  “While we work diligently to avoid reductions in our workforce, we have no choice but to respond to the disruption experienced by our […]  Read full story...



Royal Caribbean Extends Global Suspension of Cruises

By Mike Schuler on Mar 25, 2020 05:38 pm

Symphony of the Seas

Royal Caribbean has extended its global suspension of cruises into May due to the on-going COVID-19 crisis.  The company said in a statement Wednesday that it now expects to return to service on May 12, 2020 with the exception of Alaska, Canada and New England cruises, which will resume July 1, 2020 due to port […]  Read full story...
Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

 

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