Philippine Coast Guard Triples Fleet With French and Japanese Newbuilds
On Thursday, Philippine President Ferdinand Marcos Jr. approved an order for five 320-foot cutters for the Philippine Coast Guard, bringing…
Florida Cruise Ports Smash Passenger Records in 2024 as Growth Continues
Florida’s three East Coast ports that handle cruise ships each achieved strong growth setting new records in the number of…
Plans Announced for the Last Voyage of Famed Ocean Liner SS United States
After nearly 30 years on the Philadelphia waterfront, a tentative timeline has been set for the final departure of the…
China’s central bank head pledges to support economic recovery
China will continue to implement a supportive monetary policy to help promote sustained economic recovery, Pan Gongsheng, governor of the…
Fed to cut rates, but with a new landscape to decipher after Trump win
The U.S. Federal Reserve is expected to reduce its benchmark policy rate by a quarter of a percentage point at…
US weekly jobless claims increase marginally; unit labor costs growth strong
The number of Americans filing new applications for unemployment benefits rose slightly last week, suggesting no material change in the…
US fiscal strain looms as key challenge for newly elected Trump
Newly elected U.S. President Donald Trump will face fiscal challenges that could threaten the country’s standing in the global debt…
US wholesale inventories revised lower in September
U.S. wholesale inventories fell more than initially thought in September amid a sharp decline in motor vehicle stocks. The Commerce…
Europe urges Trump to support Ukraine, avoid trade wars
European leaders meeting in Budapest on Thursday urged Donald Trump from afar to avoid trade wars, maintain support for Ukraine…
Rising Global South needs development rethink to continue momentum – UNCTAD deputy
Developing countries, while growing in importance on the world stage, still need more voice and new development strategies to enhance…