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Author Topic: Money  (Read 30020 times)

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AGelbert

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Panama Canal Sends Thousands of Workers Home

By Bloomberg on Apr 01, 2020 11:53 am
Panama Canal tugboat

By Matthew Bristow and Michael McDonald (Bloomberg) — The gatekeepers of global trade routes are trying to keep goods moving through a wounded world economy while trying to minimize health threats to their own workers. A prime example is the Panama Canal Authority, which has sent thousands of employees home and rolled out contingency plans to keep trade […]  Read full story...


U.S. 🦕 LNG Behemoth Tests Slump in Sign it May Curb Production

By Bloomberg on Mar 31, 2020 04:37 pm

By Naureen S. Malik, Anna Shiryaevskaya and Stephen Stapczynski (Bloomberg) — One of the world’s biggest 🦕 liquefied natural gas exporters is signaling it may throttle back production. Cheniere Energy Inc. has tendered to buy six shipments for delivery to Europe later this year, a rare step for a company that’s fundamentally a seller of the fuel. […]  Read full story...



Congestion Looms at U.S. Ports

The paralysis of factories and stores has led to concerns that the wave of imports set to hit US ports could cause huge congestion. Manufacturers and retailers are reportedly not picking up cargo from ports, evoking the spectre of terminals – many already sitting on large numbers of empty containers – clogging up.

By The Loadstar on Mar 31, 2020 02:55 pm
Port of Los Angeles

By Ian Putzger in Toronto (The Loadstar) – The repercussions of Covid-19 have begun to hit US imports. As retail outlets, as well as many manufacturing operations, in North America are shuttered, anticipation of a surge of imports to compensate for China’s extended lunar new year hiatus are quickly disappearing. Instead, as more containers arrive, there are […]  Read full story...
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

 

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