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WESTERN INVESTORS EXPECT LITTLE FROM RUSSIAN LAW, AND GET LESS
Duncan Robinson |
Russia's moves toward a market economy has produced a flurry of decrees, laws and taxes that thus fa
CARRIER COMPETITION BENEFITS LATIN AMERICA
Betsy Lordan |
While carriers serving Central America bemoan their low ocean rates and diminished market share, oth
EMU TIMETABLE MAY BE RISKY FOR GERMANY, BANK OFFICIAL SAYS
Knight-Ridder Financial |
The set timetable for European Monetary Union may pose risks to the German economy, Bundesbank Direc
SHIPBUILDING ORDERS HIT 15-YEAR HIGH
Janet Porter |
The world shipbuilding order book now stands at the highest level for almost 15 years after a surge
Maritime
CANADA TO KEEP INDONESIA SANCTIONS
(Reuter) |
Canada said it will maintain its aid embargo against Indonesia despite Jakarta's progress in clarify
ENERGY BRIEFS
From Wire and Staff Reports |
OIL PURCHASES RESUME FOR STRATEGIC RESERVEHOUSTON - U.S. Energy Secretary James Watk
GASOLINE PRICES
JOC Staff |
Feb. 25, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 25, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%
CHICAGO EXCHANGES TO TEST AUDIT SYSTEM IN TRADING PITS
(Reuter) |
Chicago's futures exchanges are about to hurdle a milestone as they prepare to test hand-held electr
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
STRIKES CONTINUE AS CONRAIL AWAITS NLRB RULING 13 TERMINALS STILL AFFECTED
Lawrence H Kaufman |
Striking members of the International Brotherhood of Teamsters continued to picket 13 Consolidated R
PRIVATIZED PHILIPPINE AIR LINES LIKELY TO STRESS CARGO GROWTH
Michael Di Cicco |
The privatization of Philippine Air Lines is likely to mean expansion in the regional market - espec
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
DOLLAR FALLS BRIEFLY ON CONFIDENCE REPORT
Knight-Ridder Financial |
The U.S. dollar fell briefly Tuesday on the surprise news that U.S. consumer confidence dropped in F
COCOA FUTURES GAIN IN LONDON
Knight-Ridder Financial |
Cocoa futures ended marginally higher across the board Tuesday, as the weaker U.S. dollar against st
PRIVATE COFFEE GROUP WANTS BRAZIL TO EXTEND LAANS TO AID PRODUCERS
Knight-Ridder Financial |
A private-sector task force Tuesday called upon Brazil's government to extend coffee-producer loans
ASBESTOS VICTIMS FIGHT MANVILLE PLAN CHANGES
(Reuter) |
A group of asbestos victims and manufacturers, alleging that a federal judge illegally altered Manvi
COMMODITY FUNDS IN US FUTURES TRADE SUFFERED AVERAGE 7 PERCENT LOSS IN JANUARY
John N. Frank |
Commodity funds trading U.S. futures markets suffered an average 7 percent loss in January, primaril
19 STATES EXPECTED TO CONSIDER FUEL TAX HIKES
Geoffrey H. Brown |
At least 19 states may vote to increase fuel taxes this year, eight more than in 1991, according to
BANKS HUSTLE TO FILL INTERNATIONAL VOID
John Finotti |
The seizure of Miami-based Southeast Bank late last year by federal bank regulators did more than ju
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 25, 1992Brent Crude Oil - (Dollars Per Barrel)
NINA, PINTA, SANTA MARIA RETURN TO SHORES OF THE NEW WORLD
Knight-Ridder Newspapers |
Replicas of the Nina, Pinta and Santa Maria went on public display last week at a Miami waterfront p
Maritime
PRICE CRISIS THREATENS LATIN COFFEE OUTPUT
(Reuter) |
Latin American coffee producers, facing the lowest world prices in 16 years, are abandoning their pl
COMEX METAL WAREHOUSE
JOC Staff |
Feb. 25, 1992 Copper Total, 29,487. Gold Total, .1,373,781.Silver Total, .277
COMMODITY BRIEFS
Wire and Staff Reports |
COMMERCE DENIES EARLY LUMBER DECISIONA Commerce Department spokeswoman denied market rumors
MOSCOW CUTS THREATEN GERMAN SPACE PROJECTS
(Reuter) |
Germany is worried that budget cuts in Moscow could hurt its space projects with the former Soviet U
WHEAT EXPORTS FORECAST TO RETURN TO '80S LEVELS
Patricia Crisafulli |
Competition in foreign markets from the European Community and Canada will decrease American wheat e
FOUR ANDEAN NATIONS TO ASK BUSH FOR FINANCIAL AID AT DRUG SUMMIT
Charles W. Thurston |
Four Andean countries plan to ask President Bush for more support for trade investment and education
Maritime
CHINA CITES PROGRESS IN TALKS ON OPENING MARKET TO US
P.T. Bangsberg |
This week's talks on better access for U.S. exports to the Chinese market made "some progress on cer
Maritime
REJECTED AMERICAN MAIZE BID KEPT SECRET, LAWSUIT CLAIMS
(Reuter) |
A stockholder of American Maize-Products Co., a Stamford, Conn., corn processor and tobacco company,
JAPAN'S DOCKWORKERS SEEK 8 PERCENT PAY HIKE STRIKE HELD UNLIKELY
A.E. Cullison |
Leaders of Japan's dockworkers' unions, planning to submit stiff regional contract demands to manage
Maritime
SWISS BANK ORDERED TO TURN OVER RECORDS
(Reuter) |
The Supreme Court Monday ordered the Union Bank of Switzerland to hand over bank records held by its
SPOT PRODUCT PRICES
JOC Staff |
Feb. 24, 1992 U.S. spot oil products price indications, sellers range, in cents per gallon,
TRADE BRIEFS
Wire and Staff Reports |
COURT UPHOLDS TAKEOVER OF MCA BY JAPANESEWASHINGTON - The Supreme Court Monday refus
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
ZIMBABWE LIKELY TO IMPORT MORE MAIZEJOHANNESBURG, South Africa - Zimbabwe may need to import
CHINA OKS AIRPORT FOR INTERNATIONAL FLIGHTS
Knight-Ridder Financial |
China has given its approval to the new airport in the Shenzhen special economic zone near here to b
GERMAN BUILDING EXPECTED TO SLOW
Knight-Ridder Financial |
The construction boom that has led Germany's economic growth since unification will fizzle this year
APPLICANTS FLOOD TACOMA PORT FOR COMMISSION JOB
John Davies |
More than 35 people already have filed applications with the Port of Tacoma to fill a vacancy due to
Maritime
DOE TO SEEK BIDS ON PACT TO MANAGE PETROLEUM RESERVE
Janet Plume |
Next month, the Department of Energy will send out requests for bids on a five-year, $650 million co
DAILY PETROLEUM PRICES
JOC Staff |
Monday Feb. 24, 1992 Prevailing sellers' posted prices at the close of business, representin
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