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KENYA'S PRESIDENT CRITICIZES IMF AND WORLD BANK POLICIES
Simon Clow |
President Daniel arap Moi of Kenya Thursday took a swipe at the World Bank and the International Mon
Maritime
NEW BOTTOM MAY BE IN PLACE IN WAKE OF LUMBER'S RALLY
Knight-Ridder Financial |
Last week's rally in lumber markets may have set a near-term floor for cash prices, but no major gai
EX-IM BANK WILL CONSIDER LOANS FOR INDONESIAN FIRMS
Knight-Ridder Financial |
The Export-Import Bank of the United States is ready to consider lending to any credit-worthy compan
NEW "COP' SET TO TAKE TARIFF BEAT ON PACIFIC 17 OCEAN CARRIERS EYE PRICE PRACTICES
Allen R. Wastler |
Seventeen ocean carriers on the Pacific are on the verge of forming a new trade-wide agreement to po
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
PA. SENATOR PUSHES CHILEAN TRADE IN BILL THAT WOULD BOOST PHILA. PORT
Henry J. Holcomb |
Pennsylvania Sen. Harris Wofford has introduced legislation authorizing ''fast-track" negotiation of
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 11, 1994 Prev. Life of Contr. OpenOpen High L
EPA HITS ASHLAND WITH BIG PENALTY UNDER EMERGENCY REPORTING LAWS
Knight-Ridder Newspapers |
The U.S. Environmental Protection Agency hit Ashland Oil Co. with the largest penalty ever under fed
UP AGENTS WALK LINE TO DETER ILLEGAL ALIENS
Kevin G. Hall |
On a muggy Texas night near the Mexican border, temperatures hover around 90 degrees as George Narva
WHITE HOUSE NEARS ACCORD ON DEALING WITH CHINA
John Maggs |
The White House is close to agreeing to a package of actions against China that will attempt to main
PARIS CLUB TO DEVOTE MEETING SOLELY TO RUSSIA, ALGERIA DEBT
Stewart Taggart |
The Paris Club group of creditor countries will devote its entire meeting the week of May 30 to nego
SPAIN POSTS DEFICIT IN CURRENT ACCOUNT
Knight-Ridder Financial |
Spain posted a current-account deficit of 193.6 billion pesetas (US$1.4 billion) in March, compared
US GIANT WAL-MART SEES OPPORTUNITY IN BRAZIL RETAIL BOOM
James Bruce |
U.S. retail giant Wal-Mart Stores Inc. may form an association with Brazil's No. 1 retail chain, Loj
Maritime
EU, RUSSIA GENERALLY AGREE TO PURSUE FREE-TRADE ZONE
Bruce Barnard |
The European Union and Russia agreed in principle on a wide-ranging commercial accord aimed at creat
Maritime
TRADING WITH COLOMBIA MINING BOOM STIMULATES US EXPORTS OF EQUIPMENT
Kenneth Wolf |
Colombia's coal mines, largely developed through direct foreign investment, are fuelingsales growth
Maritime
GATT, NAFTA BOOST STEEL OUTLOOK, US EXECUTIVES SAY
Journal of Commerce Staff |
Steel executives and a leading steel economist Tuesday painted a cautiously bullish outlook for the
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CANADA MAKES PROGRESS IN INTERNAL TRADE FEUDWINNIPEG, Manitoba - Canada's federal an
Maritime
FELIXSTOWE OFFICIAL PUSHES EXPANSION AS CONTAINER TRAFFIC NEARS CAPACITY
Janet Porter |
Container traffic through Felixstowe is growing so rapidly that the port could reach full capacity n
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 11, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MISSOURI LAWMAKERS SLAM PROPOSAL TO SHORTEN NAVIGATION SEASON ON RIVER
Philip Brasher |
An Army Corps of Engineers plan to alter the Missouri River's flow to restore the habitat of trouble
Maritime
TRADE GROUP HITS FUNDING PLAN FOR SUBSIDIES
Journal of Commerce Staff |
The largest U.S. international trade group is opposing a proposal to triple the vessel-tonnage fee t
Maritime
JUDGE DISMISSES LAWSUIT ON UNION INVESTIGATION
Knight-Ridder Newspapers |
A federal judge has thrown out an unusual lawsuit in which the leaders of a national union sued some
PEOPLE - TRANSPORT
Wire and Staff Reports |
NORTHWEST AIRLINES CORP. (Minneapolis) - Paul F. Gibson was named director of investor relations and
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 11, 1994Brent Crude Oil - (Dollars Per Barrel)_
FINAL DECISION ON SAKHALIN-2 EXPECTED BY MID-MONTH
Knight-Ridder Financial |
The final decision on the Sakhalin-2 project, which provides for the development of the Piltun-Ostok
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 11, 1994 Prevailing sellers' posted prices at the close of business, represent
JOURNAL OF COMMERCE - FAST FACTS LEADING FOREIGN SUPPLIERS OF US BINOCULAR IMPORTS
Trade Inflo. Frederick, Md. |
in millions of dollars $57.5 Japan$24.7 China$12.1 Hong K
CZECH REPUBLIC, ESTONIA DUE FOR PHASEOUT OF US AID
Richard Lawrence |
The Czech Republic and Estonia have won first prize in the East European economic and political refo
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +10.405/5 99.45/6 99.75/9
NYC-AREA CARGO THEFT SIMPLE, COSTLY, FBI SAYS
Margo D. Beller |
Two to three containerloads bound for overseas or traveling overland are hijacked every day in the N
BALTIC FREIGHT INDEX
JOC Staff |
1477 (May 11, 1994) Previous day - 1465 The Baltic International Freight Futures Market in L
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
JORDAN EXPECTS ACCORD ON SHIP INSPECTIONSAMMAN, Jordan - Jordan said Wednesday it hoped with
Maritime
REJECTED NAVIERAS BIDDERS TEAM UP TO TRY AGAIN
Peter M. Tirschwell |
Insisting that they not have been eliminated as potential buyers for the state shipping line Naviera
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
COAST GUARD FOUNDATION HONORS CROWLEY'S CHIEF SAN FRANCISCO - The Coast Guard Foundation, a
Maritime
FRANCE MOVES TO RELAX RIVER TRANSPORT RULES
Tara Patel |
The French Parliament adopted this week new legislation aimed at the gradual liberalization of freig
TEAMSTERS OFFICIALS TO TACKLE FINANCES IN MONDAY SUMMIT
Rip Watson |
Top Teamsters union officials will converge here Monday to seek a long-term resolution to the union'
API WEEKLY REPORT US CRUDE STOCKS FELL LAST WEEK
Journal of Commerce Staff |
U.S. inventories of crude oil fell 3.3 million barrels during the week ended May 6 compared with the
SPOT PRODUCT PRICES
JOC Staff |
May 11, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
FISH PROJECT COULD BOOST NORTHWEST UTILITY BILLS
Seattle Times |
An emergency proposal to spill water over dams in the Columbia-Snake river system may cost the regio
BEN & JERRY'S GETS $850,000 GRANT TO TEACH RUSSIANS
Associated Press |
The U.S. Agency for International Development has given Ben & Jerry's Homemade Inc. an $850,000 fede
Maritime
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