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IRAN, LIBYA SANCTIONS BILL HITS ROADBLOCKS \ HOUSE WAYS AND MEANS, BANKING COMMITTEES STALL PLAN
Michael S. Lelyveld |
Planned sanctions against Iran and Libya have hit a new snag in the House amid fears that penalties
LAWMAKERS QUESTION MARAD LOAN PROGRAM
Tim Sansbury |
Two key legislators, one from the Senate and one from the House, are taking aim at the centerpiece o
GLOBAL INTEREST RATE OUTLOOK TURNS AGAINST THE US DOLLAR, ANALYSTS SAY
Gordon Platt |
Changes in the global interest rate outlook have pinned the dollar down, but there is enough confusi
COST OF CREDIT
JOC Staff |
Friday, May 10, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
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
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 19, '95, - May 10, '96 (a graph)(2)D
BRIEFS
From Wire and Staff Reports |
SHIPSSURVEY: FIRMS PESSIMISTICABOUT KOBE PORT'S FUTUREKOBE, Japan - About 70
GERMAN AIR DEAL MAY BE PRECURSOR
Robert Koenig |
Antitrust immunity given to a marketing alliance between United Airlines and Germany's Lufthansa Air
PUGET SOUND PILOT PLAN INAUGURATES A NEW ERA
WILLIAM DiBENEDETTO |
Puget Sound pilots and carriers avoided their annual rumble over pilotage rates when both sides agre
ON THE WATERFRONT - BILL MCCURDY \ "FREE TRADE' OR "PROTECTIONISM': MORE THAN A POLITICAL DEBATE
Bill McCurdy |
In a recent speech, Pierre S. du Pont, the former governor of Delaware, challenged the protectionist
BRIEFS
From Wire and Staff Reports |
REVITALIZATION STUDY SETFOR BROOKLYN WATERFRONTNEW YORK - The city and state will study revi
RAIL LINK FUTURE SEEN ROSY
From Wire Reports |
China's new ''Silk Route'' to central Asia and Europe is bogged down in customs disputes, but has th
FEDERAL EXPRESS MAKING PROGRESS IN PHILIPPINES
P.T. Bangsberg |
Federal Express Corp., having steadily increased its flights, now is bolstering other services at it
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
BRIEFS
From Wire and Staff Reports |
MEXICO MODIFIESORIGIN REQUIREMENTSMEXICO CITY - Mexico has published modifications to certif
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 4, total piggyback freight hauled on the nation's major railroads equaled 156
EU ASKS WTO AID TO OPEN S. KOREAN TELECOM MARKET
Katherine Butler |
The European Commission said it was turning to the Geneva-based World Trade Organization to force op
Maritime
BUSINESS LEADERS UPBEAT ON LATIN ECONOMIES
Richard Lawrence |
Thanks partly to continuing economic reform, U.S. business leaders across Latin America and the Cari
Maritime
QUOTE TO NOTE
Frank Shrontz |
''We are clearly a big target.''
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
BRIEFS
From Wire and Staff Reports |
GERMANY CONSIDERINGEXTENDED RETAIL HOURSBONN - Economics Minister Guenter Rexrodt said propo
Maritime
CHINA EXTENDS IMPORT DUTY EXEMPTIONS \ MOVE IS RESPONSE TO SLOW EXPORT GROWTH
Gene Linn |
Faced with a sudden slowdown in export growth, China is moving to keep overseas investors happy by e
Maritime
SMALL JAPANESE FIRMS CLOSE OPERATIONS ABROAD \ LARGER COMPANIES CONSIDER PULLOUTS
Coco Kubota |
Japan's trade ministry said this week that small and medium-sized Japanese companies continued on ba
Maritime
PROJECT CONTRACT AWARDS \ ASIAN DEVELOPMENT BANK \ GOODS, WORKS, SERVICES
Development Business, United Nations |
CARGRAPHICSColombiaAmount of contract: $1,690,688Contract description: Printing and
Maritime
WORLD BANK GRANTS LOAN TO VIETNAM
Knight-Ridder Financial |
James Wolfensohn, World Bank president, said late last week the bank has earmarked $1.5 billion in c
Maritime
BRIEFS
From Wire and Staff Report |
BANK THREATENS TO BLOCKSINGAPORE FROM BIDDINGMANILA - Singapore may be blocked from bidding
Maritime
HONG KONG STRENGTHENING REGIONAL TRADE RELATIONS
P.T. Bangsberg |
Hong Kong, suffering an unusual and worrying blip in exports, visits its Southeast Asian neighbors s
Maritime
US PRESSES RELUCTANT JAPAN ON SEMICONDUCTOR PACT
Tim Shorrock |
The United States and Japan differ sharply on renewing a pathbreaking agreement that reserves a shar
Maritime
NO NEED TO DEVALUE PESO, OFFICIALS SAY \ EFFECT ON EXPORTS A MAJOR CONCERN
Kevin G. Hall |
Despite the eroding effects of inflation, the Mexican peso is fine in its present trading range and
Maritime
PROSPECTS FOR PORT ROYAL AND GEORGETOWN HELD EXCELLENT
Fred Monk |
The ports of Georgetown and Port Royal present distinct challenges for the South Carolina State Port
SOUTH CAROLINA UPS AMBITIOUS INCENTIVES MENU
Fred Monk |
South Carolina is aggressively using economic incentives to attract industry, but the practice is dr
"FORTRESS AMERICA' DIDN'T SELL \ STRATEGY IGNORED BIG FOREIGN PRESENCE
Fred Monk |
Pat Buchanan's quest for the Republican presidential nomination, propelled by a ''Fortress America''
BRIEFS
From Wire and Staff Reports |
MASSACHUSETTS SENATEPASSES COASTAL BILLBOSTON - The Massachusetts Senate approved a bill, H-
INSURANCE PAYS OFF FOR FRENCH BANKS \ "BANCASSURANCE' IS BUSINESS AS USUAL
Margo D. Beller |
Banks selling insurance, a source of controversy in the United States, has been a way of life in the
ADJUSTING FIRM CHARGED WITH INFLATING CLAIMS
Associated Press |
The oldest public adjusting firm in the world has been charged with conspiring to inflate claims by
PEOPLE ON THE MOVE
JOC Staff |
AON CORP.William J. Fasel was named director of financial relations. He succeeds Joan Steel
NAMES ANGERED BY LATEST OFFER
HELEN MacLEOD |
The mood of action groups representing Lloyd's of London investors hardened quickly against acceptan
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three weeks ended May 4, 1996, vs. similar 1995 periodCars Cars Loaded Loaded
BRIEFS
From Wire and Staff Reports |
CARGO VOLUME DIPSAT PORT OF HAMBURGHAMBURG - Cargo volume at the Port of Hamburg fell 1.4 pe
CHUBB'S DEAN O'HARE PRODS INSURERS TO EXPAND OVERSEAS
Ronald Gift Mullins |
American insurance companies are in retreat internationally, and this ''means we are giving up the c
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