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TRADE BRIEFS
From Wire and Staff Reports |
LITHUANIA'S WEST TRADE NOW ON PAR WITH EASTVILNIUS, Lithuania - Almost half Lithuani
Maritime
INDIA MAY EASE PHARMACEUTICAL INDUSTRY CONTROLS
N. Vasuki Rao |
A new policy that the Cabinet is expected to ratify soon will permit foreign equity of 51 percent in
MINISTER URGES PROTECTION FOR INDONESIAN CHEMICAL SECTOR
Reuters |
Investment Minister Sanyoto Sastrowardoyo said Wednesday the country's petrochemical industry, inclu
PORT OF HAMBURG CARGO SEEN SETTING RECORD IN '94
Knight-Ridder Financial |
The Port of Hamburg expects to handle a record 70 million metric tons of cargo this year, up from la
Maritime
ATTORNEY, 2 OTHERS CONVICTED OF AUTO INSURANCE FRAUD IN CALIF.
Orange County Register |
A jury convicted a lawyer and two others of auto insurance fraud in an undercover sting of a group s
GREEK JOBLESS RATE STEADY AT 7.9 PERCENT
Knight-Ridder Financial |
Unemployment in Greece remained steady at 7.9 percent in the first seven months of this year, accord
MARITIME BRIEFS
Wire and Staff Reports |
JORDAN PLAN TO ENFORCE IRAQ BAN TO BE TESTEDWASHINGTON - Allied ships may end enforc
Maritime
TNT SIGNS DEALS WITH NICARAGUA AND COLOMBIA, EXPECTS ONE WITH ARUBA
Miriam Widman |
TNT Express Worldwide has concluded an agreement with postal authorities in Nicaragua and Colombia f
JOURNAL OF COMMERCE - FAST FACTS US COTTON IMPORTS: TEXTILES & APPAREL
American Textile Mfrs. Assn., Washington |
No text.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +18.598/18 106.18/19 106.38/
GASOLINE PRICES
JOC Staff |
Aug. 24, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
OIL EXPORTS DROP FROM SULLOM VOE
Knight-Ridder Financial |
Crude oil exports from the U.K.'s Sullom Voe terminal fell to 491,437 tonsfrom 693,713 the p
CHINA ESCALATES MODERNIZATION OF TEXTILE AND GARMENT SECTOR
P.T. Bangsberg |
As competitive challenges mount to its No. 1 export-earner, China is stepping up its wholesale revam
Maritime
UK MARINE SAFETY AGENCY BACKS PLACING CYPRIOT VESSEL ON LIST
Janet Porter |
Cypriot authorities complained about the inclusion of the general cargo ship Fofi on the published l
Maritime
ENGINEERS RETURN AS TALKS CONTINUE TO END SOO STRIKE
Lawrence H Kaufman |
Locomotive engineers began returning to their jobs Wednesday on the Soo Line Railroad and the carrie
US DOLLAR DROPS IN BRAZIL AS NEW "REAL' GAINS STRENGTH
James Bruce |
The U.S. dollar continued to drop in value this week in Brazil as a new influx of foreign investment
TWO RAILS MEET ICC'S REVENUE ADEQUACY TEST
Journal of Commerce Staff |
Two major railroads were revenue adequate in 1993, the Interstate CommerceCommission said.
SHIPMENTS OF RECYCLABLES MAY GET ICC EXEMPTION
Lisa Burgess |
The Interstate Commerce Commission is proposing to exempt rail shipments of many classes of ferrous
US BAN ON CASH EXPECTED TO HAVE BIG IMPACT IN CUBA
Carol Morello |
What embargo? Any Cuban can readily pick up an Oster juicer, or a Black and Decker toaster,
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
CHINA GETS HEFTY PRICE FOR TUNGSTEN, ANTIMONY
Reuters |
China is demanding sky-high prices for tungsten and antimony, two of the main ingredients in arms pr
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 24, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
ACCIDENT SHUTS DOWN PART OF ITALIAN PLANTLONDON - A petrochemical plant at Priolo in
AD CRITICIZED BY SINGAPORE PREMIER IS PULLED
Reuters |
An advertising agency has withdrawn a Singapore print advertisement after it was slammed by Prime Mi
Maritime
AUSTRALIA MOTORISTS' GROUP TO ISSUE SHARES FREE TO MEMBER-OWNERS
Reuters |
Australia's largest general insurer and motorists organization, NRMA Holdings Ltd, unveiled plans We
TANKERS TO INCUR EXTRA COSTS AT LA-LONG BEACH HARBOR
Bill Mongelluzzo |
The cost of moving some oil tankers into and out of Los Angeles-Long Beach harbor will go up Saturda
Maritime
US SKIES GROW CROWDED WITH START-UP AIRLINES
Ted Reed |
Thirty-five airlines have started to fly since 1992. Nineteen more are in line, hoping to fly soon.<
COST OF CREDIT
JOC Staff |
Wednesday, Aug. 24, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
THE ECONOMY
Census Bureau; Knight-Ridder Tribune |
Percent change in orders for goods expected to last three or more years, seasonally adjusted.
QUOTE TO NOTE ON U.S. ROLE IN WORLD TRADE:
_ Peter D. Sutherland Director General of GATT Speaking in an |
"What is needed above all is the leadership of the United States in giving credibility to a global s
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Aug. 24, 1994 Prevailing sellers' posted prices at the close of business, represen
ENERGY BRIEFS
Wire and Staff Reports |
FLOODS HALT PRODUCTION AT CHINESE OIL FIELDSHENYANG, China - Officials in northeaste
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
FLORIDA PROBES SUSPECTED HURRICANE PRICE FIXING
Associated Press |
The state is investigating 450 Florida insurers to determine if they've been fixing prices for hurri
AUSTRALIA'S QNI TO BUILD TOWNSVILLE PORT FACILITY
Knight-Ridder Financial |
Queensland Nickel Pty Ltd. said it will spend about $47 million Australiandollars (US$34.59
Maritime
EXXON VALDEZ JURY TAKES TOUR OF PRINCE WILLIAM SOUND SPILL AREA
Associated Press |
The jury deciding the Exxon lawsuit in federal court got a helicopter tour of Prince William Sound.<
Maritime
PROPOSED DESTROYER CUTS PRESS BATH IRON WORKS YARD TO DIVERSIFY
Associated Press |
The possibility that the Pentagon will reduce the Navy's Aegis destroyer program to make up for a bu
Maritime
JAPAN'S FAIR-TRADE WATCHDOG SEES NO SMUDGES IN FLAT-GLASS INDUSTRY
Bill Clifford |
Despite complaints that Japan's flat-glass industry continues to shut out foreign competition, the c
SOUTH KOREAN GNP CLIMBED 8.1 PERCENT IN QUARTER
Reuters |
South Korea on Wednesday again posted heady quarterly growth figures, showing the economy flourishin
DUTCH PRODUCTION ROSE IN 1ST HALF
Knight-Ridder Financial |
Industrial production in the Netherlands rose by 2 percent in the first half of 1994, compared with
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