Posts Tagged ‘BREXIT’

Daily Overview of Global Markets & the SEE Region (Monday, February 18, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, February 18, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity indices made a strong start on the first day of this business week amid positive rhetoric on the US-China trade negotiations. In FX markets, helped by the increased risk-on mode amid trade negotiations optimism, the EUR/USD...
February 18th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, February 14, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, February 14, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: According to data released earlier today, the German economy stalled in Q4 2018 with GDP growing by 0.0%QoQ compared to market consensus for 0.1%QoQ, narrowly avoiding a technical recession in H2 2018 after contracting by 0.2%QoQ in...
February 14th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@608: Revival?

The BDI@608: Revival?
John Faraclas For a second day the BDI (Baltic Dry Index) saw a light improvement  since yesterday despite the continue fall of the Capes. Developments in Geopolitics must be watched as they might produce unwanted detrimental situations… John Faraclas’ brief daily recap: These 10 points today was...
February 13th, 2019 | Anniversaries, Art and auctions, Chartering, Containers, Dry Bulkcarriers, Emissions, Environment, Holidays, Markets, News, People and Places, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, February 13 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, February 13 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Equity markets retained a positive tone earlier today on optimism that the US and China will strike a trade deal in the not too distant future. The tentative agreement between Republicans and Democrats on the US budget dispute late...
February 13th, 2019 | Banking, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Venezuela’s death spiral, Germany and the UK after Brexit

Venezuela’s death spiral, Germany and the UK after Brexit
Nicolás Maduro Commentary: Venezuela’s death spiral By Steve Hanke in Baltimore Under President Nicolás Maduro, Venezuela has fallen ever further into an economic death spiral. Evidence of this comes from Venezuela’s inflation rate, which is running at 139,839% per year. At the same time...
February 12th, 2019 | Banking, Comment, Country Profiles, Finance | Read More

Shipping union RMT on cancellation of Seaborne Freight government Brexit ferry contract

Shipping union RMT on cancellation of Seaborne Freight government Brexit ferry contract
Mick Cash Shipping union RMT on cancellation of Seaborne Freight government Brexit ferry contract.   General Secretary Mick Cash said; “RMT has taken a number of protests over the fiasco of the Government’s Brexit ferry contracts to both the Department for Transport and the ports and...
February 9th, 2019 | Cruise Ferry, HR, Jobs, Labour Disputes, Manning - Seafarers and Offshore, Ro-Ro and Passenger Ferries | Read More

Hooray hooray, the Panamaxes clinched a point…

Hooray hooray, the Panamaxes clinched a point…
John Faraclas The BDI (Baltic Dry Index) lost just five points earlier on today and now stands at 629; Geopolitics still sour and the London Yacht Show makes waves. John Faraclas’ brief market recap: The Capes’ BCI  lost 12 points and now stands at 972… The Panamaxes,  even with just one...
February 5th, 2019 | Associations, Chartering, Containers, Dry Bulkcarriers, Events, Exhibitions, Markets, Military, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Desmond Lachman on US monetary policy, Danae Kyriakopoulou on Banxico independence and more

Desmond Lachman on US monetary policy, Danae Kyriakopoulou on Banxico independence and more
OMFIF Update  – Week 5 2019 28 January-1 February 2019 Vol.10 Ed.5 REPORT  The rise of central bank gold demand Since the 2008 financial crisis there has been renewed interest in gold’s unique characteristics as a safe haven asset that is nobody’s liability. This, combined with scepticism...
February 2nd, 2019 | Banking, Comment, Communication, Conferences, Seminars, Forums, Finance, Insight, Markets | Read More

PM must push Brexiteers against the wall, CCE and normalising monetary policy

PM must push Brexiteers against the wall, CCE and normalising monetary policy
United Kingdom’s PM Theresa May Commentary: PM must push Brexiteers against the wall By Joergen Oerstroem Moeller in Singapore Prime Minister Theresa May’s Brexit deal has been rejected – again – because she is not in control of her party. In the probable case of no meaningful concessions...
January 31st, 2019 | Banking, Comment, Markets | Read More

European shipowners: priority is and remains a Brexit deal

European shipowners: priority is and remains a Brexit deal
Martin Dorsman Following yesterday’s discussions in the UK parliament and the mandate given to the UK Prime Minister to re-discuss Brexit arrangements with her European colleagues, European shipowners call upon all parties to seize this opportunity to avoid a no-deal Brexit scenario. Without a deal...
January 30th, 2019 | Associations | Read More

RMT demands answers as scandal deepens over award of Government Brexit ferry contracts

RMT demands answers as scandal deepens over award of Government Brexit ferry contracts
Mick Cash MARITIME UNION RMT today demanded answers from the Government over the terms and conditions of workers on their Brexit ferry contracts, and the publication of their legal advice on the procurement process, as the Chair of the Transport Select Committee released correspondence that raises serious...
January 30th, 2019 | HR, Jobs, Ro-Ro and Passenger Ferries | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, January 30, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, January 30, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Investors adopted a cautious stance against risk assets earlier today ahead of Fed Chair Jerome Powell’s press conference that will follow the conclusion of the two-day monetary policy meeting. In addition, a new round of two-day...
January 30th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, January 29, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, January 29, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: War trade woes intensified on news that the US Justice Department levelled criminal charges against China’s telecommunications giant Huawei Technologies. Against this background, the majority of European bourses opened marginally...
January 29th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

B&M increases imports through the Port of Liverpool

B&M increases imports through the Port of Liverpool
A Maersk Line vessel docking at the Port of Liverpool B&M, one of the UK’s leading variety retailers, has announced it is increasing its cargo into the Port of Liverpool by 30 per cent following frustrations with delay-struck southern ports. After completing a successful trial at the port, the...
January 28th, 2019 | Consumers Market, Liner Shipping and Trade, Logistics, News, Port Conditions, Ports & Terminals, Trade and Commerce | Read More

IUA sets out priorities for London Company Market in 2019

IUA sets out priorities for London Company Market in 2019
Dave Matcham The publication of a major official report on the wholesale insurance market is just one of several regulatory issues expected to dominate the International Underwriting Association’s agenda in 2019. The body, which represents the London company market, has issued its annual business plan...
January 28th, 2019 | Associations, Insurance and Reinsurance, IUA, Marine Insurance, Reports, Sanctions | Read More

Daily Overview of Global Markets & the SEE Region (Monday, January 28, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, January 28, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European bourses opened lower today as data from the Eurozone continue to disappoint, fueling market concerns about the economy’s growth prospects. On the flipside, US equity markets gained on Friday capitalizing on the US President...
January 28th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, January 23, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, January 23, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Market sentiment took a turn to the worse amid enduring concerns about the global growth outlook. Adding to market woes, Brexit–related uncertainty prevails while a resolution in the US/China trade dispute seems to be still a long...
January 23rd, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

RMT on official confirmation today from P&O that they are ‘Flagging Out’ Dover-Calais Fleet to Cyprus

RMT on official confirmation today from P&O that they are ‘Flagging Out’ Dover-Calais Fleet to Cyprus
Mick Cash SEAFARER Ratings union RMT today poured scorn over P&O’s claim that Brexit was behind their decision to switch the entire Dover-Calais fleet from the UK to the Cypriot flag as the company finally confirmed publicly exactly what RMT has been warning of for weeks. RMT general secretary...
January 22nd, 2019 | Associations, Flags, HR, Jobs, Labour Disputes | Read More

Solving the wellbeing puzzle

Solving the wellbeing puzzle
Professor Dame Carol Black photographed for the RSA, commissioned by Wardour Dame Carol Black advises how to create a wellbeing culture in three new films produced by the British Safety Council ​Recent research by the British Safety Council identified significant levels of uncertainty in the UK about...
January 22nd, 2019 | Associations, Consumers Market, Film Industry, Health and Safety, HR, Story of the Day | Read More

Daily Overview of Global Markets & the SEE Region (Monday, January 21, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, January 21, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European equity markets opened lower today and German government bonds were slightly firmer on a daily basis on the back of lingering Brexit uncertainty. UK Prime Minister Theresa May is anticipated to present her new Brexit plan to...
January 21st, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

North is the first UK P&I Club to confirm post-Brexit trading arrangements

North is the first UK P&I Club to confirm post-Brexit trading arrangements
Paul Jennings, Chief Executive Officer, North P&I Club January 18, 2018 – North P&I, one of the world’s leading providers of marine insurance, today confirmed that its subsidiary in Ireland, North of England P&I DAC, has received authorisation as a non-life insurance business from...
January 18th, 2019 | Company Profiles, Insurance and Reinsurance, Marine Insurance, Markets, News, P and I Clubs, Person Profiles | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, January 17, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, January 17, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: UK Prime Minister Theresa May won the confidence vote in her government yesterday by 325-306, as expected. In her post-vote statement, she continued to be in favor of delivering a softer Brexit and expressed her intention to have talks...
January 17th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Swiss are collateral victim of Brexit, Global economic challenges in 2019

Swiss are collateral victim of Brexit, Global economic challenges in 2019
Commentary: Swiss are collateral victim of Brexit By Denis MacShane in Davos Amid all the Brexit excitement in London, no one seems to have noticed that Switzerland is as much embroiled in a row with the EU as is the UK. Switzerland has been engaged in on-off negotiations with Brussels since 1992. The...
January 17th, 2019 | Banking, Comment, Conferences, Seminars, Forums, Finance, Markets, Trade and Commerce | Read More

The BDI@1,055: crashing-out?

The BDI@1,055: crashing-out?
John FaraclasBDI, BREXIT, Greece The BDI (Baltic Dry Index) lost 41 points earlier on today; Mrs. May survives a no confidence vote despite losing last night’s BREXIT vote with an unprecedented 432 – 202, a loss by 230… a disaster though turned to a success tonight with 325 vs 306 votes! Greek...
January 16th, 2019 | Chartering, Dry Bulkcarriers, Markets, Reports, Shipping Indices, Stock Markets, Tankers | Read More

British Marine responds to outcome of vote on EU Withdrawal Agreement

British Marine responds to outcome of vote on EU Withdrawal Agreement
Lesley Robinson On Tuesday night the Government’s EU Withdrawal Agreement was overwhelmingly rejected by Parliament. Commenting on the possibility of the UK leaving the EU without a deal, Lesley Robinson, Chief Executive Officer at British Marine said: “Like many industries up and down the UK, we...
January 16th, 2019 | Associations | Read More