by AIP Online Bureau | Apr 10, 2024 | Eco/Invest/Demography, International News, Risk Management
WTO Director-General Ngozi Okonjo-Iweala said, “We are making progress towards global trade recovery, thanks to resilient supply chains and a solid multilateral trading framework, which are vital for improving livelihoods and welfare New Delhi: The global trade growth...
by AIP Online Bureau | Mar 24, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management
Persistent geopolitical tensions, rising shipping costs, and high levels of debt weighing on economic activity in many countries may still exert negative influences on global trade, it added Moderating global inflation and improving economic growth forecasts an...
by AIP Online Bureau | Jan 20, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
On Wednesday, Panama Canal Administrator Ricaurte Vásquez said they would cut daily ship crossings to 24, after already gradually slashing crossings last year from 38 a day in normal times A severe drought that began last year has forced authorities to slash ship...
by AIP Online Bureau | Jan 12, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
In fact, 40% of Asia-Europe trade normally goes through the area, including a huge amount of energy supplies like oil and diesel fuel for import-dependent Europe, said John Stawpert, senior manager of environment and trade for the International Chamber of Shipping,...
by AIP Online Bureau | Dec 22, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
In total, Maersk said a standard 20-foot container travelling from China to Northern Europe now faced an extra charge of $700, consisting of a $200 TDS and $500 PSS. Containers bound for the east coast of North America will be charged $500 each, consisting of the $200...