Eurozone retail trade weakness continued in June
More sluggish news about the eurozone economy as consumers postponed the retail recovery once more. While second quarter GDP surprised…
US recession worries surge again. What is in the data?
An unexpectedly weak U.S. employment report, featuring a post-pandemic high in the jobless rate, has rekindled worries a recession may…
China’s exports seen expanded in July lifted by global trade upturn
China’s exports likely climbed at a quicker pace in July as manufacturers benefited from stronger orders from the ongoing upturn…
Cryptoverse: Trump’s bitcoin stockpile plan stirs debate
“Never sell your bitcoin,” Donald Trump told a cheering crowd at a crypto convention in Nashville, Tennessee in late July.…
Venezuela oil exports fall in July on processing outages, cargo delays
Venezuela’s oil exports fell in July as crude processing units were hit by outages, reducing stocks available from the country’s…
U.S. imports of renewable diesel increased in the early months of 2024
In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 barrels per day (b/d), approaching the…
Japan offers to buy 83,445 tons of food wheat via tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 83,445 metric tons of food-quality…
Bermuda Corporate Income Tax and the Shipping Income Exclusion
In a landmark move on 27 December 2023 the Bermuda Government took a significant step by adopting the Corporate Income…
Newbuilding Orders Keep “Flooding” Asian Shipyards
Asian shipyards have kept on filling up their orderbooks with more contracting activity being reported. In its latest weekly report,…