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WORLD BANK SAYS REGION HEADING FOR A 2ND DEBT CRISIS \ BUT US INVESTORS REMAIN OPTIMISTIC
Gordon Platt |
Latin America may be headed for a repeat of the crippling 1980s debt crisis, according to an expert
CURRENCY EXCHANGE POLICY TRIES TO STAND ALONE \ PIONEERING AIG DEAL NOT BUNDLED WITH OTHER COVERAGES
Russ Banham |
Money makes the world go 'round - unless you take a huge loss on a gyrating foreign currency exchang
REFORMS, STABILITY REVITALIZE REGION \ ONCE-SLEEPY ECONOMIES NOW ENTICING TO US
Terry Brennan |
Political and fiscal reform were the driving forces during the recent decade that enabled the once s
FOR US AIR CARRIERS, LATIN MARKET FLIES HIGH \ LIFT COMES FROM EARLY PEAK SEASON THAT WAS TEMPORARY
Andrew Blum |
It's been a wild and woolly couple of months in the U.S.-Latin American air cargo market, highlighte
SHIPPING INTERESTS WARM TO RUSSIA'S ICY NORTHEAST PASSAGE
Robert Koenig |
Ever since England's King Henry VII sent explorer John Cabot in search of a ''northwest passage'' to
JOFC PRICE INDEX PLUMMETS
Gordon Platt |
The Journal of Commerce industrial materials price index is falling like a stone and could reach 199
THE IMAGE IS BRITISH BUT THE OWNER ISN'T
Bruce Barnard |
Rolls-Royce comes under German ownership; the biggest pub landlord is a Japanese bank; the next Jagu
HULL RATES DON'T COVER RISKS
Aviva Freudmann |
Marine hull insurance rates are sliding so swiftly that premiums aren't close to covering the risks
PEOPLE ON THE MOVE
From Wire and Staff Reports |
NAC RE CORP.Robert M. Copp has been named vice president of the Greenwich, Conn. firm's whol
2 FOCUS ON HOW TO ASSESS INSURERS
Margo D. Beller |
Increasing the value of an insurance company means more than a higher stock price, two analysts said
NEW YORK OIL FUTURES
JOC Staff |
NEW YORK MERCANTILE EXCHANGE - DEC. 4, 1997Prev. Life of Contr. OpenOpen High Lo
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeDec. 4, 1997 Brent Crude Oil - (Dollars Per Barrel)
PARALLEL MARKET FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., Brooklyn, N.Y. |
As of Nov. 28, 1997Parallel Market Foreign Exchange Rates are based on unofficial, non-docum
DAILY PETROLEUM PRICES
JOC Staff |
Friday Dec. 5, 1997Prevailing sellers' posted prices at the close of business, representing
SUHARTO'S SON GETS INDONESIA GAS DEAL \ PT HUMPUS TO MOVE PRODUCT TO JAPAN
P.T. Bangsberg |
A firm controlled by a son of Indonesia's president will transport liquefied natural gas to Japan on
CLARIFICATION
JOC Staff |
In ''South Korea: Bailout plan to curb giant businesses,'' which appeared Dec. 5 on Page 3A , Hyuck
Maritime
GLOBAL BANK REPORT SAYS ASIA TURMOIL'S NOT OVER
John Zarocostas |
The exposure of large banking groups, particularly Japanese banks, to Asia's currency turmoil could
Maritime
RUSSIANS BRACE AS US FINDS VALIDITY TO STEEL DUMPING
John Helmer |
Steel officials reacted pessimistically to last week's United States International Trade Commission
QUOTE TO NOTE
Darrell Tingley, President, Canadian Union of Postal Workers. |
'I don't know where their mail will go. Some could end up, I suppose, going toVancouver, or
Maritime
S. KOREA STARTS OVERHAUL IMF AID HITS $60 BILLION
Tim Shorrock |
South Korea this week begins the task of restructuring the giant conglomerates and banks that sparke
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
CONWAY CENTRAL EXPRESSDaniel Supis was named manager of this Ann Arbor, Mich.-based regional
ISLAMIC BANKERS SEEK WAYS TO UPGRADE TRADE FINANCING
Gordon Platt |
Financial leaders of the Islamic world are gathering in Bahrain this week for the fourth annual Isla
Maritime
BRIEFS
From Wire and Staff Reports |
TURKISH WHEAT DUTYFOCUS OF MEETINGISTANBUL, Turkey - In a Joint Economic Commission meeting
Maritime
"ALPHABET BROKERS' FEWER IN NUMBER \ INSURANCE BROKERAGE INDUSTRY IS GETTING MEGA-MERGER-HAPPY
Russ Banham |
Call it the incredible shrinking industry. A decade ago, there were so many large insurance brokerag
US EXPORTS TO LATIN AMERICA RISE RAPIDLY
Kevin G. Hall |
In line with continued liberalization and integration of Latin American economies, the trade outlook
CARGO WATCH: SEA-LAND \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
Sept. Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sep. Oct.96 96 96 96 97 9
Maritime
OCEAN CARRIERS CALL FOR MORE SECURITY IN BRAZIL
Thierry Ogier |
A spate of incidents and persistent concern about pirates have prompted calls from global ocean carr
PUERTO RICO'S STAR LOSING ITS LUSTER \ NEW US LAW RESCINDS TAX BREAKS FOR MANUFACTURERS ON ISLAND
Larry Luxner |
Section 936 means absolutely nothing to most Americans. Except, that is, for corporate tax lawyers,
ARGENTINA SET TO CONQUER GLOBAL BEEF MARKET \ U.S. REMOVAL OF IMPORT BAN MAY HELP SPUR GOOD GROWTH
Beth Rubenstein |
Argentina's beef industry is hoping that this year's long-awaited lifting of a U.S. ban on its famed
GRIDLOCK CHALLENGES PORTS AND AIRPORTS \ GOVERNMENTS FOCUS ON TRANSPORTATION INFRASTRUCTURE
Charles W. Thurston |
A 30-mile line of trucks that waited earlier this year to unload their soybean cargoes at Brazil's P
NEW COMPANY TO COMPETE IN INDONESIAN LIFE SECTOR
Journal Of Commerce Special |
Indonesia's life insurance sector is about to get more competition, or at least a differentiated mar
REVENUE, PROFITS RISE AT WILMINGTON
Associated Press |
The Port of Wilmington has something more than just the return of Volkswagen's import operations to
Maritime
US DOLLAR WILL CONTINUE ITS RISE VS. YEN UNTIL JAPAN REALLY REFORMS
Gordon Platt |
The U.S. dollar popped its head above 130 yen Friday, another 5.5-year high, and it will continue me
Maritime
BRIEFS
From Wire and Staff Reports |
COLLEGE SELLS INSURANCETO FUND SCHOLARSHIPSPROVIDENCE, R.I. - Roger Williams University want
JOFC PLANS CHANGES IN EDITORIAL, BUSINESS
JOC Staff |
The Journal of Commerce is restructuring the company to better serve both readers and advertisers. T
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Dec. 27, 1996 - Dec. 5, 1997 (a graph)*
PCS CATASTROPHE INSURANCE OPTIONS \ PROPERTY CLAIMS SERVICES PROVIDES THESE FIGURES EACH FRIDAY.
Chicago Board of Trade |
CALL SPREADS PRICE OR BID/ASKNational annual '97* 60/80
SPOT PRODUCT PRICES
JOC Staff |
Dec. 5, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
CHEMICAL PRICES
JOC Staff |
Compiled by Rosalie Spiller, Journal of Commerce Chemical Pricing Information Service, Phillipsburg,
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