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ENVOY SAYS US BACKS PROPOSAL TO FORGIVE PART OF EGYPT'S DEBT
Knight-Ridder Financial |
The U.S. ambassador to Egypt says Washington will support a proposal that the Paris Club forgive muc
LITTLE HOPE SEEN FOR SOVIET STRIKE BAN AS DOOR OPENS TO LABOR CONCESSIONS
Michael S. Lelyveld |
Despite tough talk from the Soviet government, President Mikhail S. Gorbachev's bid to ban strikes
AVIATION BRIEFS
Wire and Staff Reports |
PROFIT PLUNGES 93 PERCENT AT AUSTRALIA'S TNTSYDNEY, Australia - Australian transport giant T
CHIP NEGOTIATORS FOR US, JAPAN RESUME TALKS
A.E. Cullison |
Negotiators for the United States and Japan met here at the weekend in yet another effort to hammer
Maritime
CANADIAN DISPUTES CHARGES OF TAINTED MEAT SHIPMENTS
Knight-Ridder Financial |
Canadian Ambassador Derek Burney last week disputed charges that Canada is abusing "open border" pri
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
MOBIL CO. DEDICATES $50 MILLION EXPANSIONFAIRFAX, Va. - A new $50 million expansion of Mobil
ICI SAYS BUSINESS CONTINUES DESPITE POSSIBLE TAKEOVER
Journal of Commerce Special Patricia Crisafulli contributed to |
Imperial Chemical Industries PLC of London is conducting "business as usual" despite speculation in
TRADE GROUPS CLASH ON ANTITRUST PLAN
Aviva Freudmann |
The best way to blunt efforts to eliminate antitrust immunity is to fight to retain it where it is c
LONG-TERM CARE INSURANCE CALLED PERILOUS BY CONSUMER REPORTS
Gregory Spears |
Buying long-term care insurance is a perilous undertaking, with consumers confronted with untrustwor
COST OF CREDIT
JOC Staff |
Fri., May 17, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
GASOLINE PRICES
JOC Staff |
May 17, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
OVERCAPACITY, EVENTS IN GULF SLASH PROFIT AT ORIENT OVERSEAS
P.T. Bangsberg |
The Middle East crisis combined with tough commercial conditions to sap earnings at the colony's pre
Maritime
BULK CARGO RATES LEAD THE PACK AS COSTS FOR SHIPPING INCREASE
Erich E. Toll |
Prices for carrying cargo by sea are likely to increase in the coming years as shipowners invest in
TRADERS TRYING TO FILL GAP IS COUNTERTRADE ANSWER TO EXPORTERS' PRAYERS?
Gordon Platt |
Global demand for credit is increasing at a time when banks are less willing, or able, to finance in
INDONESIAN BANKS TO PAY HIGHER RATES FOR LOANS
Lee Yoke Har |
Indonesian private and state banks scouting for loans offshore can expect to pay higher interest rat
SOUTHERN AIR EYES OVERSEAS EXPANSION
Phillip Hastings |
U.S. cargo charter airline Southern Air Transport, which claims to be the world's largest operator o
AEP TOLD: DON'T RULE OUT SCRUBBERS
Tim Sansbury |
American Electric Power Co. should hold open the option of installingscrubbers capable of bu
TVA CONTRACTS
JOC Staff |
This table lists spot coal contracts signed between the Tennessee Valley Authority and coal produce
COMMODITY BRIEFS
From Wire and Staff Reports |
JAPAN BUYS US CORN AHEAD OF SOVIET UNIONTOKYO - Japan trade houses purchased 208,000 metric
CATTLE MARKET BURDENED BY SAGGING BEEF DEMAND
Kevin Pendley |
Domestic U.S. beef demand is slumping, and it doesn't look like U.S. cattle producers are going to b
JAPAN FIGHTING ILLEGAL PORK IMPORTS
Knight-Ridder Financial |
Japan is "doing its best" to stop Taiwanese exporters from illegally dumping pork below the minimum
BARRY PARKER'S FUTURES AND SHIPPING
Barry Parker |
OCEAN FREIGHT FUTURES PRICES continued strong last week, moving back up to new highs after absorbing
Maritime
TACOMA APPROVES LONG-TERM LEASE WITH 'K' LINE FOR PORT TERMINAL
John Davies |
Another major trans-Pacific shipping line calling at the Port of Tacoma will have access to moderate
Maritime
SABIC OPENS TERMINAL IN ITALY
Journal of Commerce Special |
Saudi Basic Industries Corp. said its new ethylene glycol terminal at Livorno, Italy, will allow sma
PEOPLE - INSURANCE
JOC Staff |
WILLIS CORROON CORP. (New York) - Peter A. Fontaine was promoted from director of treasury operation
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange May 17, 1991Dubai Crude Oil - (Dollars Per Barrel)
ASIAN FUTURES
JOC Staff |
May 17, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 17, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
CRITICS QUESTION EGYPT'S PLANS TO EXPAND THE SUMED OIL PIPELINE
Gayle Young |
A month after Egypt announced it would raise the capacity of the Sumed petroleum pipeline by 50 perc
BP OIL REFINERY RESTARTS IN LA.
Knight-Ridder Financial |
BP America Inc.'s 230,000-barrel-a-day refinery in Belle Chasse, La., was to be restarted Friday and
NAMIBIA HOPES FOR OIL BOOM, WITH HELP FROM THE WEST
Arthur Gottschalk |
The sun-scorched desert landscapes and treacherous offshore waters of Namibia, on Southern Africa's
BUSH WILL GIVE USSR CREDITS, DOLE SAYS
Knight-Ridder Financial |
Senate Minority Leader Robert Dole on Friday predicted President Bush will approve additional agricu
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
FLORIDA STILL SHINES FOR GLOBAL INVESTORS
Rick Christie |
A moribund economy not withstanding, foreign investors are continuing to funnel money into Florida r
COTTON LOAN PROPOSAL MAY DISSUADE FARMERS
Knight-Ridder Financial |
A new U.S. Agriculture Department proposal that could make cotton farmers responsible for repaying l
COMMODITY BRIEFS
From Wire and Staff Reports |
AFRICAN RUBBER OUTPUT LIKELY TO RISE SHARPLYKUALA LUMPUR, Malaysia - Rubber production in Af
ARMS DEALS WITH IRAQ COULD PROVE EMBARRASSING FOR US
Don Ward |
An Iraqi arms dealer who bankrolled a Boca Raton manufacturer is among many who twisted a U.S. gover
STATE ECONOMY BUFFETED BY BUSINESS SLOWDOWN 25,000 JOBS LOST WHILE FIRMS STILL RELOCATING TO FLORIDA
Joan Chrissos |
Like many states stuck in a recession, the Florida economy is not having one of its best years.<
FOREIGN TRADE ZONES BOOST GLOBAL TRAFFIC
Rebecca Ross Albers |
As Florida settles into the '90s, international trade is gaining more attention as a crucial part of
PANEL VOTES TO BAR FDIC COVERAGE OF AMERICAN BANKS' FOREIGN DEPOSITS
(Reuter) |
A House subcommittee voted Thursday to bar federal regulators from providing insurance coverage for
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