US Makes Arrest for Smuggling Weapons Via Port of Long Beach to North Korea
The U.S. Attorney’s Office, Central District of California, and the Federal Bureau of Investigations announced that they have arrested a…
Fed’s Waller says he is inclined to cut rates in December
Federal Reserve Governor Christopher Waller, whose views are often a bellwether for U.S. monetary policy, said on Monday that with…
ECB’s Panetta calls for EU ‘productivity compact’ to close gap with U.S.
The European Union needs to set up a common spending programme to fund strategic investments that are indispensable to boost…
Shift to new UK job market survey may be delayed to 2027, ONS says
Britain’s statistics agency cautioned on Tuesday that the shift to its new, improved labour market survey may be pushed back…
Trump’s tariff gambit doesn’t have to make sense
Economists had expected Donald Trump’s new tariffs would be reined in by common sense, they were wrong. On Monday evening,…
U.S. Corporate M&A Could Accelerate in 2025; Credit Implications Mixed
M&A activity by U.S. corporates could accelerate in 2025, supported by accommodative cost of capital, solid ratings headroom, and the…
The fall of Barnier’s government would be bad news for the French economy
On Monday, faced with the impossibility of passing the social security budget, and despite the many concessions made to the…
ILA targets rail-mounted gantry cranes as the impasse in port labor talks
The union representing 45,000 longshore workers along the East and Gulf coasts is seeking to block technology that management says…
US sanctions of 21 tankers include VLCC that hit a Hafnia vessel
Fourteen shipowners and managers blacklisted for exporting Tehran’s crude
US Increases Sanctions on Iran’s Oil Exports Listing 35 Tankers/Managers
The Biden administration launched a new wave of sanctions targeting Iran’s oil and chemical industry citing its continued use to…