Experts Believe Global Bear Market is Just Getting Started Over the past few months, stock markets from all over the world have fallen drastically. Some economists are worried about a global slowdown in economic growth. China China has been a driving force of strong economic growth for over a decade. However, the United States imposed a massive tariff on Chinese goods this year. The duty is already impacting companies based in China. Some manufacturers are moving production to other countries in Asia. Some economists also … [Read more...] about Experts Believe Global Bear Market is Just Getting Started
Investors in South Africa Want More Offshore Investing Options South Africa has a thriving economy. However, many wealthy investors in South Africa want more diversification options for their investments. Numerous people are demanding increased access to offshore investment funds. There are multiple benefits for investors who diversify their assets. Not only does diversification lower financial risk, but it prevents a financial crisis for investors if the South African economy collapses. Investment Strategy The economy in … [Read more...] about Investors in South Africa Want More Offshore Investing Options
The Ukrainian Parliament has declared martial law along the Kerch Strait section of the Crimean Peninsula, but Russia granted passage to shipping traffic from the Black Sea to the Sea of Azov. The conflict in Ukraine, which despite being an undeclared war involving Russian forces has unfolded for years, is currently at a very tense level, and it has impacted shipping traffic a couple of times in 2018. Russian Attacks On Sunday, three Ukrainian naval vessels came under attack by the Russian coast guard. An unknown number of Ukrainian … [Read more...] about Despite Martial Law Declaration, Shipping Reopens in the Contested Kerch Strait
On October 24th, the Port of Rotterdam’s CEO, Allard Castelein, and the Governor of Ceara, Camilo Santana, signed an investment agreement in regards to the former’s involvement in the development of the Brazilian state’s Port of Pecem. Terms of Agreement The terms agreed upon were that the Port Authority would inject a sum of EUR 75 million into Pecem’s port-industrial complex thereby getting a 30 percent share in the venture. Moreover, the Port of Rotterdam Authority will have a voice in investment as well as other strategic decisions in … [Read more...] about Port of Rotterdam enters agreement for participation in build of Port of Pecém
China’s foreign ministry announced that they would be open to talks about trade, one day after Beijing announced that business and trade deals would be scrapped if the United States decided to enforce tariffs on China. The United States and China have been going back and forth on the subject of tariffs, which could amount to more than $150 billion for each country if the tariffs go into effect. Past negotiations Secretary of Commerce for the United States, Wilbur Ross, met in Beijing on Sunday. He failed to make a public statement … [Read more...] about China Affirms Willingness to Talk Trade with U.S.