The Worlds Biggest Crop Trader Is Putting Giant Sails on Cargo Ships
  • Vote Up0Vote Down venynxvenynx
    Posts: 4,639Member
    The U.S. trade deficit narrowed for the first time in three months in
    September as exports jumped and import growth slowed, though overall
    transactions remained well below pre-pandemic levels.To get more news
    about WikiFX, you can visit official website.
      Todays Must Reads

      Leave in the lurch | The U.K. lockdown will add to pressure on
    logistics firms and supply chains already strained by an economic slump
    and preparations for Brexit on Jan. 1. Britain is also struggling to
    stock up on supplies of a coronavirus vaccine, a top government official
    has said.


      Soothing nerves | Chinese President Xi Jinping tried to re-assure
    international businesses that the nation is committed to open trade,
    amid concerns that the new “dual circulation” strategy will mean the
    worlds second-largest economy is set to become more insular.


      Tensions flaring | Protesters in the disputed region of Western Sahara
    blocked Moroccos main trade route to West Africa, prompting a warning
    that a conflict suspended for three decades could reignite.

      Low on chips | Apple is grappling with a shortage of vital chips that
    manage power consumption in iPhones and other devices, complicating its
    ability to meet holiday demand for the latest version of its marquee

      Fits and starts | German factory orders extended their recovery in
    September, albeit at a slower pace. Meanwhile, car sales fell in Europes
    four largest auto markets in October, signaling demand has relapsed in
    the midst of another wave of the coronavirus cases hitting the region.

      Stop in tracks | The U.S. Department of Commerce is imposing a
    preliminary anti-subsidy tariff on car and truck tires from Vietnam,
    citing the Southeast Asian nations “undervalued currency” among the
    reasons for the decision.

      On the Bloomberg Terminal

      Double dip | High-frequency data show that economic activity in
    advanced economies weakened over the course of October amid renewed
    outbreaks, signaling what may be the start of another downturn,
    according to Bloomberg Economics.

      Slower growth | The U.S.s ISM services index has been in expansionary
    territory for 127 of 129 months, but all major components except for
    supplier-delivery delays showed weaker growth in October, an indication
    of supply-chain tightness.

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Top Posters

Who's Online (0)