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REFORMS CREATE NEW INVESTMENT ENVIRONMENT
Josh Martin |
Arab governments are enacting new investment and copyright laws to attract American investors, alter
SHIP LINES TO HAMMER OUT DETAILS OF TRANS-ATLANTIC AGREEMENT
Allen S. Roberts |
Executives of 11 of the world's largest containership lines are scheduled to convene today in London
US-ISRAEL RATES INCH UP AS PRESSURE OF BCSL WANES
Peter M. Tirschwell |
Contrary to expectations, the collapse of the only independent steamship line offering direct sailin
COST OF CREDIT
JOC Staff |
Wednesday, Sept. 2, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
NEW AIRLINE PASSES ONE TEST ONLY TO FACE UNITED CHALLENGE
William Armbruster |
USAfrica Airways Inc., a new carrier that hopes to begin serving the U.S.-South Africaroute, cleared
DEMOCRATS, GOP BLAME EACH OTHER FOR POLLUTION IN BOSTON HARBOR
Chris Black |
Four years to the day since George Bush sailed into Boston harbor to blame its polluted condition on
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
HOLIDAY GASOLINE PRICES POISED FOR 4-YEAR LOWNEW YORK - The nation's motorists will
SOUTHERN CO. TO UPGRADE PLANT IN EASTERN EUROPE
Tim Sansbury |
Southern Co. of Atlanta will manage the modernization and rehabilitation of a large-scale, multifuel
MOST SINGLE-MARKET LAWS SEEN OK'D BY EC DEADLINE
Knight-Ridder Financial |
Most key European Community single-market legislation will be approved before the end-1992 deadline,
Maritime
MEXICO, CANADA LINK BANK BRANCHING TO US INTERSTATE POWERS
JOC Staff |
Mexico and Canada will consider modifying the proposed North American free- trade agreement to allow
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Sept. 2, 1992 Copper Total, 40,412. Gold Total, .1,765,870.Silver Tot
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
PERUVIAN PORT WORKERS BEGIN NATIONWIDE STRIKE
Knight-Ridder Financial |
Peru's port workers Wednesday began their scheduled indefinite nationwide strike, demanding a settle
Maritime
CALIF. GOVERNOR EXPECTED TO VETO COMP REFORMS
Kevin G. Hall |
Workers compensation reforms passed by the California Legislature this week do not go far enough to
FOUR INTERNATIONAL GROUPS SET TO BID ON THAILAND PETROCHEMICAL PROJECT
Knight-Ridder Financial |
Four international groups will bid to construct Thailand's second upstream petrochemical project, Ar
MIDDLE EAST TRADE SOARS AS SCARS OF WAR FADE
Josh Martin |
U.S. trade with the Middle East, and the Persian Gulf in particular, has soared since the end of Ope
CASTRO SPEECH IS FOCUS AS CUBA CRISIS DEEPENS
(Reuter) |
A deepening economic crisis, international criticism and persistent rumors of divisions in Cuba's co
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
ECONOMIC DATA ABROAD
Wire and Staff Reports |
FACTORY OUTPUT DOWN IN WESTERN GERMANYBONN, Germany - Western German industrial production s
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per ton lots &
COMMODITY BRIEFS
Wire and Staff Reports |
SOME LUMBER PRICES BEGIN TO LEVEL OFFKANSAS CITY, Mo. - Some lumber and plywood pric
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 200.87 off 0.12 which compares
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Sept. 1, 1992CRUDE OIL(1,000 barrels; dollars and cents
GAS GROUP DOUBTS US TO SUFFER SHORTAGE
Knight-Ridder Financial |
The American Gas Association does not expect U.S. natural gas production shortfalls resulting from H
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
WORKERS STRIKE IN UKRAINE FOR UNION RECOGNITION
(Reuter) |
Thousands of workers pressing for recognition of their unions went on strike in Ukraine Wednesday, h
Maritime
CALIFORNIA PORTS FORCED TO FEED CITIES' COFFERS
Allen R. Wastler |
California ports, unable to fend off the demands of desperate state legislators as a new budget head
COMMODITY BRIEFS
Wire and Staff Reports |
UKRAINE OFFICIALS FIGHT OVER GRAIN HARVESTKIEV, Ukraine - Top government officials were lock
SEA-LAND TO LEASE PROPERTY AT MARYLAND'S SEAGIRT TERMINAL
Journal of Commerce Staff |
The Maryland Port Administration and Sea-Land Service Inc. signed an agreement for Sea-Land to lease
Maritime
EXPECTED HIKE IN FARES BOOSTS AIRLINE STOCK PRICES
From Wire and Staff Reports |
Airline stock prices continued to rise Wednesday on the expectation, analysts said, that fare hikes
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Sept. 2, 1992Bid AskedCopper_
PATCHED QE2 SAILS OUT OF BOSTON, WITH JOB HOPES GROWING IN ITS WAKE
Bob Hohler |
With a thumbs-up from its captain and three cheers from its crew, the patched Queen Elizabeth 2 Tues
Maritime
DOW CUTTING PLANT EMISSIONS VOLUNTARILY IN ARATU, BRAZIL
Emilia Askari |
Monkeys dangle from banana trees around the edges of Dow Chemical Co.'s huge plant in Aratu.
WHEAT EXPORT SUBSIDY EXPANSION MAY SPUR TRADE TALKS, DOLE SAYS
Wire and Staff Reports |
The U.S. government's aggressive action to dramatically increase wheat export subsidies could be the
Maritime
CUSTOMS CHANGES UNLIKELY IF SWISS VOTE TO JOIN BLOC
Peter M. Tirschwell |
Companies doing business in Switzerland are unlikely to encounter major changes in Swiss customs pro
ASIAN FUTURES
JOC Staff |
Sept. 2, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
EX-CHICAGO UTILITY OFFICIAL DEFENDS PRICY-COAL CONTRACTS
JOHN N. MacLEAN |
Commonwealth Edison Co.'s former chief of fuel management insisted Tuesday that the company acted pr
TOWN OF SHENZHEN IN CHINA DOUBLES NEW STOCK ISSUE
(Reuter) |
South China's boom town of Shenzhen has doubled the number of new shares to be issued to 1 billion f
CANADA BANKS CUT PRIME RATE AGAIN
(Reuter) |
Major Canadian banks chopped prime lending rates for the ninth time this year Wednesday, but economi
THE ECONOMY
JOC Staff |
FACTORY ORDERS Percent change JulyDurable goods -3.2%Non-Dura
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