Archive for the ‘Comment’ Category

Renminbi’s global reserve share rising, US midterms podcast

Renminbi’s global reserve share rising, US midterms podcast
Commentary: Renminbi’s global reserve share rising By Gary Smith in London Asset class diversification continues to be a key theme for central bank foreign exchange reserves managers. Despite a weaker renminbi/dollar rate this year, the Chinese currency has increased its share in global reserves,...
November 16th, 2018 | Banking, Comment, Markets | Read More

Comment: The withdrawal agreement and the impact on the insurance industry

Comment: The withdrawal agreement and the impact on the insurance industry
Bob Haken Norton Rose Fulbright insurance partner Bob Haken commented: “What the Political Declaration does say about financial services in general is that there will be commitments to “preserving financial stability, market integrity, investor protection and fair competition, while respecting the...
November 15th, 2018 | Comment, Insurance and Reinsurance, Legal, Marine Insurance | Read More

The BDI@1,009: truth is stranger than fiction…

The BDI@1,009: truth is stranger than fiction…
John Faraclas – picture by ecopack77 The BDI (Baltic Dry Index) ended the day with yet another fall; at 1,009 – minus 55 might soon create one of the biggest disasters in shipping’s recent history if it goes below the 1,000 point-threshold, something though more than possible… We have seen...
November 14th, 2018 | Chartering, Comment, Dry Bulkcarriers, Markets, Military, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Zambia’s infrastructure habit, Super-fast politics podcast

Zambia’s infrastructure habit, Super-fast politics podcast
Commentary: Zambia’s infrastructure habit By Max Roch in London Infrastructure development in Zambia is a powerful tool for swaying public opinion. However, despite its importance to economic growth, it is contentious. Past projects are associated with high costs, opaque tender processes and rising...
November 14th, 2018 | Banking, Comment, Insight, Markets | Read More

The BDI@1,064: …the plot thickens…

The BDI@1,064: …the plot thickens…
John Faraclas The BDI (Baltic Dry Index) lost 61 points earlier on today sending alarms around as the Capes … “returned” to triple digit losses. Geopolitics still critical and everything in the Mighty Continent “shifts” to BREXIT and the Italian Budget… whilst all other crucial issues remain...
November 13th, 2018 | Chartering, Comment, Dry Bulkcarriers, Fixtures, Insight, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Rising external deficit ‘made in USA’, In Conversation with Scott Morris

Rising external deficit ‘made in USA’, In Conversation with Scott Morris
Commentary: Rising external deficit ‘made in USA’ By Mark Sobel in Washington As US external deficits widen in response to relatively strong US economic performance and imbalanced macroeconomic policies, there is a considerable risk the Trump administration could amplify its protectionist...
November 12th, 2018 | Banking, Comment, Finance | Read More

US midterms fulfil market expectations, Discussion with Mark Sobel on US economy policy

US midterms fulfil market expectations, Discussion with Mark Sobel on US economy policy
Commentary: US midterms fulfil market expectations By Elliot Hentov in London The results of the 6 November US midterm elections illustrate how President Donald Trump remains bound to historical norms around US voter preferences for shared power. That is the central insight from this result: the loss...
November 9th, 2018 | Banking, Comment, Finance, News | Read More

The BDI@1,231 …medieval figures that hurt

The BDI@1,231 …medieval figures that hurt
John Faraclas The BDI (Baltic Dry Index) is now 1,016 points below the figure as of the end of December 2013 when it stood at 2,247 points. Geopolitics with all types of wars dangerously spreading; IBIA’s 2018 Convention finale more than a cause to celebrate! John Faraclas daily briefing: The BDI by...
November 8th, 2018 | Alternative Sources of Energy, Chartering, Comment, Conferences, Seminars, Forums, Corruption, Dry Bulkcarriers, EEZ, Emissions, Energy, Environment, Gas, Markets, News, Oil Industry, Pollution, Reports | Read More

China cooling spreads beyond borders, Cyber resilience and financial stability

China cooling spreads beyond borders, Cyber resilience and financial stability
Commentary: China cooling spreads beyond borders By Steve Hanke in Baltimore The Shanghai Composite Index tumbled by more than 9% in October, and has shed 25% for the year. To determine the probability of a cool down, one must look at the money supply, broadly measured. The relationship between the growth...
November 7th, 2018 | Banking, Comment, Events, Markets, Stock Markets | Read More

US faces twin deficit crisis, Roundtable with Donald Kohn

US faces twin deficit crisis, Roundtable with Donald Kohn
Commentary: US faces twin deficit crisis By Desmond Lachman in Washington The US trade deficit has widened steadily over the past two years, reaching a record high of almost $1tn annually. As a result of Washington’s expansive budget policy at this late stage in the economic cycle, analysts expect...
November 5th, 2018 | Banking, Comment, Conferences, Seminars, Forums, Country Profiles, Finance, Markets, Statistics, Stock Markets | Read More

‘Incertitudes allemandes’ back again, Global trends in interest rates

‘Incertitudes allemandes’ back again, Global trends in interest rates
Commentary: ‘Incertitudes allemandes’ back again By David Marsh in Berlin German instability is back again. Angela Merkel, presiding over the ruling Christian Democratic Union as chairman since 2000 and as chancellor since 2005, will step down from the party leadership in December. She protests...
November 1st, 2018 | Banking, Comment, Finance, Insight, Markets | Read More

Investment Clock – A pivotal October, Risk management in Islamic finance

Investment Clock – A pivotal October, Risk management in Islamic finance
. Commentary: Investment Clock – A pivotal October By Trevor Greetham in London An astonishing 97% of global stock market returns since 1973 have accrued during the seven months from October to April. Volatility also tends to peak in October, underlined by famous crashes in 1929, 1987 and 2008. Cross-currents...
October 17th, 2018 | Banking, Comment, Finance, Insight | Read More

Merkel setback hurts EMU reform chances, Future of the euro area

Merkel setback hurts EMU reform chances, Future of the euro area
Angela Merkel Commentary: Merkel setback hurts EMU reform odds By David Marsh in Bali The stunning setback for Germany’s coalition parties in Sunday’s Bavarian state elections will toughen Chancellor Angela Merkel’s already difficult task of winning consensus for reforming and strengthening...
October 16th, 2018 | Banking, Comment, Finance | Read More

Brexit negotiations- The bumpy road to a withdrawal agreement (Friday, October 12, 2018)

Brexit negotiations- The bumpy road to a withdrawal agreement (Friday, October 12, 2018)
The City of London Global Economic & Market Outlook – Focus Notes (Friday, October 12, 2018) Brexit negotiations- The bumpy road to a withdrawal agreement Brexit negotiations- Where we currently stand With just five and a half months before the planned Brexit date of 30 March 2019 and an agreement...
October 12th, 2018 | Banking, Comment, Finance, Insight, Markets, News, Shipfinance | Read More

No ‘competitive devaluation’ in China, The efficacy of macroprudential policies

No ‘competitive devaluation’ in China, The efficacy of macroprudential policies
Commentary: No ‘competitive devaluation’ in China By Mark Sobel in Washington When the Trump administration asserts that China steals intellectual property, violates foreign investor rights, engages in wholesale subsidisation of the economy, and raises questions about industrial policy pursuant...
October 12th, 2018 | Banking, Comment, Conferences, Seminars, Forums, Finance | Read More

ECB faces QE dilemma, Developing the UAE as a centre of green finance

ECB faces QE dilemma, Developing the UAE as a centre of green finance
. Commentary: ECB faces QE dilemma By Marchel Alexandrovich in London While Italy continues to dominate the headlines, the European Central Bank is more interested in the big picture: the continuing economic recovery, building inflationary pressure, the end of quantitative easing and guiding interest...
October 10th, 2018 | Banking, Comment, Events, Insight, Reports | Read More

End of the ‘flat world’, City Lecture with James Bullard

End of the ‘flat world’, City Lecture with James Bullard
. Commentary: End of the ‘flat world’ By David Skilling in Singapore A few years before the 2008 financial crisis, journalist Tom Friedman captured the zeitgeist with his argument that ‘the world is flat’, that all competitors in the global economy have an equal opportunity to...
October 5th, 2018 | Banking, Comment, Conferences, Seminars, Forums, Finance, Trade and Commerce | Read More

Capes’ contained rise and perplexed figures rule the day… plus the 2020 saga

Capes’ contained rise and perplexed figures rule the day… plus the 2020 saga
John Faraclas The BDI (Baltic Dry Index) gained four points and now stands at 1,574; Geopolitics in total mess and the Environment another issue to be appropriately tackled… John Faraclas’ daily recap: The Capes’ BCI was up 51 points and now stands at 2,199… Are the capes sustainable or just...
October 3rd, 2018 | Associations, Bunkering, Chartering, Comment, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, IMO, Intercargo, Markets, Military, News, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More

Overcoming fragmenting geopolitics, OMFIF at the IMF

Overcoming fragmenting geopolitics, OMFIF at the IMF
.. Commentary: Overcoming fragmenting geopolitics By Mark Sobel in Washington The IMF’s expert staff, surveillance and technical assistance are important public goods, as is its machinery for international financial co-operation. Financial crises will remain endemic. In those moments, even the...
September 28th, 2018 | Comment, Conferences, Seminars, Forums | Read More

Despite the global financial turmoil the BDI’s renowned volatility is here to stay…

Despite the global financial turmoil the BDI’s renowned volatility is here to stay…
John Faraclas The BDI was up 53 points earlier on today and now stands at 1,503 points surpassing the crucial but also psychological threshold of 1,500. The Geopolitical turmoil coupled with the Trade War, Sanctions, Tariffs will soon become a catalyst and the shit will hit the fan… John Faraclas’...
September 26th, 2018 | Comment, European Union, IMO, Insight, Markets, News, Politics and Government, Reports, Shipping Centers, Shipping Indices, Statistics, Stock Markets, Trade and Commerce, UN | Read More

Businesses must digitise trade documents to get on board the UK’s export drive

Businesses must digitise trade documents to get on board the UK’s export drive
Simon Streat of Bolero International. Businesses must digitise trade documents to get on board the UK’s export drive By Simon Streat, VP Product Strategy, Bolero International Expanding the UK’s export trade has become a vital strategic objective for everyone in business and government. While the...
September 26th, 2018 | Comment, IT and Communications, Markets, News, Technical, Technology | Read More

Remembering Reggie Dale, Banks prepared for ‘guillotine Brexit’, Islamic finance podcast

Remembering Reggie Dale, Banks prepared for ‘guillotine Brexit’, Islamic finance podcast
Reginald ‘Reggie’ Dale, 1940-2018 Obituary: Reginald ‘Reggie’ Dale, 1940-2018 Reginald ‘Reggie’ Dale, OMFIF advisers network member, who died on 18 September, was a much-admired commentator on European politics and economics with a matchless catalogue of contacts...
September 21st, 2018 | Banking, Comment, Conferences, Seminars, Forums, Insight, News, Obituaries, Reports | Read More

Naval Dome calls on Insurers to revoke Clause CL 380

Naval Dome calls on Insurers to revoke Clause CL 380
Itai Sela Naval Dome has called on marine insurers to revoke the controversial Clause CL 380 and implement policies that insure against the risk of cyber-attacks on ship systems. Speaking in Cape Town, South Africa, today during the International Union of Marine Insurance’s (IUMI) annual conference,...
September 19th, 2018 | Bribery and Corruption, Comment, Conferences, Seminars, Forums, Corruption, Events, Insight, Insurance and Reinsurance, Marine Insurance, News, Safety and Security | Read More

UK freight forwarders association expresses mixed feelings on Brexit White Paper

UK freight forwarders association expresses mixed feelings on Brexit White Paper
Robert Keen Responding to yesterday’s White Paper outlining the UK Government’s proposed future relationship between the UK and European Union after Brexit, Robert Keen, Director General of the British International Freight Association (BIFA) expressed mixed feelings about its contents. “The...
July 13th, 2018 | Comment, European Union, News, Organisations, Politics and Government, Port Conditions, Ports & Terminals, Trade and Commerce | Read More

The New Legal Regime for the Hydrocarbon Market in Mexico

The New Legal Regime for the Hydrocarbon Market in Mexico
Marcela Marquez The New Legal Regime for the Hydrocarbon Market in Mexico by Marcela Marquez*, Mexico City, Mexico The Energy Reform approved in 2013 developed a new legal regime for oil and gas exploration and extraction activities as well as the electric sector. The two main state-owned companies:...
February 1st, 2018 | Comment, Gas, Legal, Markets, Oil Industry | Read More