Indian Coast Guard Rescues Crew of Grounded Bulker
On Friday, the Indian Coast Guard rescued 14 crewmembers from a bulker that drifted aground off the coast of Mumbai…
TSB Report Raises Concerns Over Canada’s Response to Maritime Emergencies
The Transport Safety Board of Canada, the independent agency that looks to improve safety, issued its report on the 2021…
Panama Canal Continues Progress Toward Normal Operations
After experiencing one of the worst droughts in its history, Panama highlights it is continuing to move in the right…
German inflation provides new argument for ECB hawks
The just-released flash estimate of German inflation in July shows that there is still some way to go before it…
India’s June infrastructure output rises at slowest pace in nearly two years
India’s infrastructure output in June rose 4% year-on-year, its slowest pace in nearly two years, government data showed on Wednesday,…
Greece’s Piraeus Bank quarterly profit more than doubles
Piraeus Bank, Greece’s third-largest lender by market value, said on Wednesday its quarterly profit more than doubled, helped by higher…
US private payrolls miss expectations in July, ADP says
U.S. private payrolls increased far less than expected in July, but that likely is not a true reflection of a…
US pending home sales surge in June
Contracts to buy U.S. previously owned homes rebounded sharply in June as an improvement in supply and some moderation in…
BOJ raises interest rates, lays out bond taper plan
The Bank of Japan raised interest rates on Wednesday and projected inflation to stay around its 2% target in coming…
UK ratesetters can stop worrying and start cutting
The Bank of England is cutting it fine, but is fine cutting rates. With headline inflation at the 2% target,…