Eurozone industry outlook: the perfect storm continues
Industrial production continues to contract There is no sugarcoating it. European industry is going through a deep correction, and it…
Surging jobs, wages, keep Fed base case of quarter point cuts on track
U.S. Federal Reserve concerns about a slowing job market were relieved for at least another month when new data on…
Global Supply Chain Pressures Easing, New York Fed Index Shows
The resolution of a U.S. port strike is likely to keep global supply chain pressures on a calm footing, allowing…
German government expects economy to shrink by 0.2% this year, Sueddeutsche reports
Germany’s economy ministry plans to downgrade its 2024 economic growth forecast, expecting Europe’s largest economy to shrink by 0.2%, newspaper…
Convergence around a smaller number of options during the last GHG meetings before approval, put the IMO in a strong position to drive an energy transition in international shipping
The IMO’s Marine Environment Protection Committee 82nd meeting has concluded with a large amount of work remaining. However, negotiations are…
Tanker Market: The Impact of China’s Stimulus Could be Muted
China’s latest measures to support its economy should lead to a short-term bounce in crude oil demand, however the long-term…
Russian forces hit Black Sea vessel in latest raid on Ukrainian port
Vessel damaged in Yuzhny was carrying ammunition, Moscow claims