Fed’s Barkin: Current rate level will cool demand, doesn’t see “overheating”
The current level for the Federal Reserve’s benchmark interest rate should cool the economy enough to return inflation to the…
US Credit Momentum Will Be Tempered by Rate Uncertainty
Interest rates remain a key risk for U.S. credit following a strong 1Q24 characterized by robust domestic demand, improved market…
Fed’s Kashkari cites high risk inflation is “settling”
The strength of the U.S. housingmarket and potentially stalled progress on inflation means monetarypolicy may not be as tight as…
Russia considers lifting gasoline exports ban
Russia is considering lifting its gasoline exports ban, officials and sources said on Tuesday, as oil refineries return from maintenance…
Restrictive steps for wheat, rice exports may persist amid sticky inflation
India is expected to maintain its stance of heightened monitoring of wheat and rice inventories amid persistent food inflation, which…
Freeport may export up to 900,000 metric tons of Grasberg copper concentrate in second half
Freeport-McMoRan is preparing to ship as much as 900,000 metric tons of copper concentrate starting in June from its Grasberg…
Mississippi River dredging to proceed under US$32 million contract
The US Army Corps of Engineers’ (USACE) St Paul District has awarded a US$31.7 million contract to LS Marine of…
Fast patrol boat delivered to Spanish Tax Agency
The Spanish Tax Agency took delivery of a new locally-built fast patrol boat on Friday, May 3. The vessel is…
Fisheries Development Oman’s newest seiner completes sea trials
Spain’s Zamakona Yards has completed conducting sea trials of a new tuna purse seining vessel ordered by Fisheries Development Oman…
Fred Olsen Express’ newest catamaran ferry floated out
A new catamaran ferry ordered by Spanish transport operator Fred Olsen Express was launched into the water for the first…