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RUSSIAN REFORMS WIN IMF DIRECTOR'S KUDOS
Richard Lawrence |
Michel Camdessus, the International Monetary Fund's managing director, said this week that he is enc
Maritime
4 MILLION CREDIT CARDS ISSUED IN CHINA IN 1993
Journal of Commerce Staff |
China said it issued more than 4 million credit cards in 1993, double the number of 1992. Of
Maritime
"GREEN' CENTER OPENS IN CHINA
Journal of Commerce Staff |
The National Market for Environmental Protection Technology in coastal Jiangsu has gone into operati
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
SHANGHAI PLANS JUMP IN EQUIPMENT EXPORTSSHANGHAI, China - City officials said they a
Maritime
US, BRAZIL DISCUSS CHARGES OF CANADIAN WHEAT DUMPING
Knight-Ridder Financial |
Representatives from the U.S. Department of Agriculture met with Brazilian officials Tuesday to exch
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
NESTLE BUYS 70 PERCENT STAKE IN BULGARIA CONFECTIONERZURICH, Switzerland - Swiss-bas
Maritime
IRAQI TIES PACE 10 PERCENT JUMP IN JORDAN'S IMPORTS
Associated Press |
Jordan's imports rose by 10 percent to 2.45 billion dinars ($3.47 billion) last year and Iraq remain
Maritime
WHITE HOUSE ADOPTS TOUGHER STANCE ON MEAT TRADE WITH SOUTH KOREA
Richard Cowan |
The Clinton administration is toughening its stance toward South Korea in hopes of smashing what it
Maritime
UGANDA BOOSTS FOOD EXPORTS TO SUPPLY REGIONAL NEED
Simon Clow |
Uganda's food exports are set to grow again this year, providing a much- needed foreign exchange boo
Maritime
PACIFIC TRADE CENTER IN SEATTLE TO SPONSOR CONFERENCES AROUND US
Associated Press |
A national center to promote discussion on Asian-U.S. trade is being established in Seattle.
Maritime
PRODUCTIVITY RISES IN WESTERN GERMANY
Knight-Ridder Financial |
Propelled by vast restructuring measures and lower labor costs, Western German productivity per hour
CANADA, AIMING TO HALT ILLEGAL CROSSINGS, PATROLS BORDER FOR 1ST TIME
Marla Williams |
With the few possessions they have bundled under their arms, increasing numbers of illegal immigrant
CHINA SCOFFS AT US CHARGE OF MAGNESIUM DUMPING
Journal of Commerce Staff |
Chinese officials hit back Wednesday at U.S. charges of dumping magnesium, saying the allegations de
Maritime
BRITISH AIDE SLAMS EU ON CHINESE TOY QUOTAS
P.T. Bangsberg |
A senior British official Wednesday criticized the European Union for its ''intolerable" quotas on C
Maritime
TEXAS PLANT PUTS PORK PROCESSOR FROM MEXICO IN HOG HEAVEN
Kevin G. Hall |
A large Mexican pork processor has set up shop in the United States in a move that putsthe company c
Maritime
A&A NAMES FRANK ZARB CHAIRMAN
Associated Press |
The board of directors of Alexander & Alexander Services Inc. Tuesday named Frank G. Zarb as chairma
ABS EXTENDS SAFETY SYSTEM TO NEW AND EXISTING BULKERS
Knight-Ridder Financial |
The American Bureau of Shipping has extended its SafeHull system for evaluating the design of vessel
Maritime
LLOYDBRAS GOING TO AUCTION BLOCK AS BRAZIL AGAIN TRIES PRIVATIZATION
From Wire and Staff Reports |
Brazil's government will make a third and last attempt to privatize its Lloyd Brasileiro SA shipping
Maritime
COAST GUARD ASKS ARMY TO ENSURE SUNKEN VEHICLES AREN'T A HAZARD
Journal of Commerce Staff |
The U.S. Coast Guard believes that 14 U.S. Army vehicles that rolled off a barge tow into the Missis
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
MEDITERRANEAN SHIPPING CO. (USA) (New York) - Leif Lidholm, the former general manager for Italian L
Maritime
BRAZIL MINISTER ENTERS RACE TO HEAD WTO
Special to The Journal of Commerce |
The race to elect a chief for the new World Trade Organization intensified this week with the entry
MARITIME BRIEFS
Wire and Staff Reports |
SANTOS PORT RETURNS TO NORMAL AFTER STRIKESAO PAULO, Brazil - Administrative workers
Maritime
RUSSIA SIGNS COOPERATION DEAL WITH OECD TO BOLSTER ECONOMY
Associated Press |
Russia on Wednesday signed a special agreement with 25 industrial nations to gain access to Western
EU COMMISSION WEAKENS INLAND ANTITRUST RULES
Bruce Barnard |
The European Commission said Wednesday it is willing to give shipping conferences antitrust clearanc
Maritime
MINISTERS AGREE TO WORK TOGETHER TO HARMONIZE COMPETITION POLICY
Keith M. Rockwell |
The world's richest industrial countries agreed to work toward greater harmony in the application an
CUT 15 VLCCS FROM FLEET, TANKER COMPANIES URGED MOVE SEEN RAISING FREIGHT RATES
Janet Porter |
The removal of just 15 ships from the world's fleet of very-large crude carriers would be sufficient
Maritime
REPORT SAYS TRANSPORT COSTS TO GROW FASTER THAN ECONOMY
Rip Watson |
Freight rates will increase faster than the U.S. economy for the next 12 months as rising costs halt
EU SEEKING TO RELAUNCH AIRCRAFT TALKS
Keith M. Rockwell |
The European Union is seeking to renegotiate its 2-year-old deal with the United States on commercia
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +11.426/1 101.36/2 101.36/3
CARIBBEAN DISAPPOINTED WITH US OFFER ON TRADE
Reuters |
Caribbean leaders said Monday the U.S. offer to grant their countries trade benefits for textile and
COST OF CREDIT
JOC Staff |
Tuesday June 7, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EU COMMISSION TO DECIDE ON REVIVAL OF STEEL PLAN
Bruce Barnard |
The European Commission will decide today whether to relaunch a controversial rescue plan for the st
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
ANALYSTS SLAM JAPANESE COMPANIES OVER PROTECTIONIST TRADING PRACTICES
Mark Magnier |
Trade and steel-industry analysts blasted the cartel-like behavior of Japanese companies, saying the
INDUSTRIAL LEADERS CAMPAIGN FOR TOP INTERNATIONAL JOBS
Keith M. Rockwell |
Officials from leading industrial countries Tuesday stepped up their horse- trading efforts in an ef
Maritime
DOLLAR DECLINES ON TECHNICAL FACTORS, DROP IN BOND MARKET
Susan Kelly |
The U.S. dollar declined Tuesday as its failure to break through key resistance levels led to some s
REPORT CALLS CHINA THE KEY TO GROWTH IN PACIFIC RIM
Richard Lawrence |
China has replaced the United States and Japan as the Pacific region's principal "engine" for econom
MEXICAN BANK SIGNS VENTURE TO PROMOTE E. EUROPEAN EXPORTS
Knight-Ridder Financial |
Mexico's National Foreign Trade Bank signed an agreement Monday that willallow it to partici
Maritime
JAPAN, US TO EXPAND SCOPE OF TALKS ON MARKET ACCESS
Tara Patel |
The United States and Japan agreed to include intellectual property andfinancial services in
Maritime
FINANCING TRADE - GORDON PLATT COMMERCIAL BANKS BEGINNING TO MOVE INTO PROJECT FINANCE
Gordon Platt |
Commercial banks will play a growing role in the emerging field of project financing, John R. Price,
Maritime
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