Pirates keep hijacking vessels outside east Africans coastline. The only question someone should have is why this isn’t happening in more locations. Easy pickings really.
The World Bank has said economic growth in East Asia will slow sharply as the downturn saps demand for its exports
In Ukraine, steel and iron orders have dried up nearly completely and prices have plummeted.
suicides in Japan rise more and more as the economy gets worse and worse
As American companies begin the first-quarter earnings season, the news on that front is hardly encouraging either. Profits are forecast to be down by 37%, according to Bloomberg. That will be the seventh straight quarterly drop, the longest losing stretch since the Depression.
The Baltic Dry Index of freight rates is seen as a measure of global trade activity is continuing the downward spiral.
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