Using firm-level data from the global supply network, researchers from the Complexity Science Hub (CSH) quantified countries' exposure to production losses caused by firm defaults in other countries. According to their findings, wealthy nations are only exposed to supply chain disruptions from other high-income countries, while poor and developing nations are exposed to shocks from all countries.
China new yuan lending underwhelms; China exports drop; India industrial production up; US sentiment dips; bitcoin falls; UST 10yr 4.52%; gold slips but oil holds; NZ$1 = 59.3 USc; TWI-5 = 69.2
Imoto Lines and Marindows aim to launch the 200-teu feeder vessel that aims to address the issues of decaronbisation, crew shortages and safe navigation for Japanese domestic shipping. The container vessel will feature Japan’s first exchangeable container batteries, alongside onboard batteries, and generators, and conduct demonstration experiments on the Kobe ~ Hiroshima service. It will […]
The massive container ship that caused the deadly collapse of a Baltimore bridge experienced apparent electrical issues before it left port but set out anyway, someone with knowledge of the situation told The Associated Press on Monday, hours after the FBI said it was investigating whether any laws might have been broken. The Dali left […]
By Brendan Murray and Alex Tanzi (Bloomberg) — The MSC Aries wasn’t much different from the other 7,000 container ships plying the high seas, until it took an involuntary detour near
Several countries have been beefing up their defense budgets in light of mounting geopolitical tensions. Goldman names European stocks to play the theme.
The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.
LONDON, April 16 (Reuters) – Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile attacks as geopolitical tensions escalate in the
FBI agents on Monday boarded the Dali, the container ship that struck the Francis Scott Key Bridge nearly three weeks ago, the agency confirmed.
Green Finance Institute report said further pollution could cut 12% off GDP by 2030sThe destruction of nature over the rest of the decade could trigger a bigger economic slump in Britain than those caused by the 2008 global financial crisis and the Covid pandemic, experts have warned.Sounding the alarm over the rising financial cost from pollution, damage to water systems, soil erosion, and threats from disease, the report by the Green Finance Institute warned that further breakdown in the UK’s...
The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing world output through headwinds from lingering high inflation, weak demand in China and Europe, and spillovers from two regional wars. The IMF forecast global real GDP
The IMF on Tuesday raised its global growth forecast slightly, saying the economy had proven "surprisingly resilient" despite inflationary pressures.