World Economy191

When it comes to shipping market predictions, analysts crunching supply and demand numbers can sometimes, but not always, provide good insights into likely ups and downs. When you throw in…

Despite the best efforts of Turkish president Recep Tayyip Erdogan, Russia has decided not to renew the Black Sea Grain Initiative. Ergogan was in Sochi yesterday to meet with his…

The risks of contagion are growing in the cancerous Chinese real estate sector, a key part of the world’s second-largest economy accounting for somewhere between one-quarter and a third of…

The major news last week was the BRICS (Brazil, Russia, India, China and South Africa) Summit in Johannesburg. In a world where global governance structures are evolving, BRICS’ significance as…

Shipping lines finally seem to be making some headway in managing vessel capacity in the Asia-U.S. trades. Spot rates have been on the rise for three straight weeks, rebounding to…

China’s economy grew slower than expected in the second quarter as youth unemployment hit a record high, adding to the growing despondency among dry bulk owners who have had little…

By Michelle Nichols UNITED NATIONS, July 12 (Reuters) – U.N. Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend a deal allowing the safe Black Sea export of…