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EC SCRUTINIZES MAJOR REFORMS IN FARM SUBSIDY TRADE TALKS MAY GET BOOST
Bruce Barnard |
The European Commission will discuss Wednesday a radical revamp of the European Community's controve
JAPANESE OFFICIAL'S TRIP TO CHINA MAY BOOST INVESTMENT
From Wire Reports |
A visit by Japan's finance minister to China is likely to boost Japanese investment, which is increa
DOLLAR IS CREATING AN INSULTING FORM OF SEGREGATION IN THE SOVIET SOCIETY
Thom Shanker |
The Soviet Union has become a place where people are judged by the pedigree of their money.
NEWS SUMMARY
JOC Staff |
* Rosalind Rachid - Trade Talk 5A * Import Quota Watch 5A* Commodity Research Bureau: Silver
TURBULENCE MAY EASE FOR AIRLINES THIS YEAR
(Reuter) |
The nation's airlines stand to lose more than $1 billion in 1990's fourth quarter - their worst perf
INTERNATIONAL BUNKER PRICES
JOC Staff |
Journal of Commerce Special LONDON - The following is the list of bunker prices obtained dur
FREIGHT RATE FUTURES
JOC Staff |
Jan. 7, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
ALASKAN OIL OUTPUT RISING
Journal of Commerce Staff |
Oil production in Alaska is approaching 2 million barrels a day, up from 1.7 million daily average 1
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TEXAS LEGISLATORS TO WRESTLE WITH THE INSURANCE TAR-BABY
Laura Raley Borda |
When the clock strikes noon today, Texas lawmakers will convene for what likely will be a turbulent
GOLD PRICES RISE ON THREAT OF WAR
Howard Simon |
Gold prices moved higher Monday on concerns that the United States and Iraq have moved closer to war
HAMILTON INTERNATIONAL AIRPORT SEES FREIGHT IN ITS FUTURE
Ira Breskin |
Backers of the Hamilton International Airport believe the facility will emerge as a regional cargo h
AVIATION BRIEFS
Wire and Staff Reports |
AIRLINE PERFORMANCE INCREASES, REPORT SAYSWASHINGTON - The nation's largest airlines posted
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 7, 1991 Prices in the spot chemicals table include spot quotations or list prices
PERSIAN GULF WAR TENSIONS PUSH US DOLLAR 2 PERCENT HIGHER
Knight-Ridder Financial |
The U.S. dollar gave up some ground late Monday after rallying more than 2 percent on heightened con
CRISIS, SPILL FEARS AID US TANKER OWNERS
Bruce Vail |
Some owners of U.S.-flag oil tankers are reaping unexpected benefits from the Persian Gulf crisis as
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 7, 1991Brent Crude Oil - (Dollars Per Barrel)-
MARITIME BRIEFS
From Wire and Staff Reports |
BULK CARRIER SINKS IN GULF OF OMANLONDON - The 11,972-deadweight-metric-ton bulk carrier Dem
Maritime
TROUBLED AIRLINES TRYING TO REASSURE MEMBERS OF FREQUENT FLIERS' CLUBS
Jim Lynch |
As some of the nation's largest airlines tumble toward bankruptcy, frequent fliers have cause to fre
TAIWAN GOLD IMPORTS FELL 35.12 PERCENT IN 1990
Knight-Ridder Financial |
Taiwan's gold imports dipped to 103.7 metric tons in 1990, down 35.12 percentfrom the previo
ROTTERDAM PORT FILES SUIT OVER POLLUTION
Journal of Commerce Staff |
The Port of Rotterdam said it is suing a French state-owned mining company to recover costs of clean
Maritime
OIL POLLUTION LAW PROMPTS INCREASE IN TANKER CREWS
Journal of Commerce Staff |
The tougher oil pollution law Congress enacted last year is forcing increases in the crew sizes of t
Maritime
MIDDLE-AGED COAST GUARD RESERVISTS SURPRISED TO BE IN SAUDI ARABIA
Frank Bruni |
The telephone installer, the rural postmaster and the boiler operator skidded across the turquoise w
Maritime
LUXEMBOURG TAX RATE CUT TAKES EFFECT
Journal of Commerce Special |
A 33 percent corporate tax rate became effective Jan. 1 in Luxembourg, following a 1 percent reducti
Maritime
FAILURE IN URUGUAY ROUND TALKS SEEN HURTING LATIN TRADE PLAN
John Maggs |
A failure of the stalled global trade talks would hurt President Bush's Latin American trade proposa
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
MITSUI LINES CENTRALIZES SHIP BASE IN NEW YORK
Bill Mongelluzzo |
Mitsui O.S.K. Lines (America) Inc. announced Monday a reorganization plan that includes the naming o
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,640-$1,700 per ton lots & in warehouse min. 99.
ASIAN FUTURES
JOC Staff |
Jan. 7, 1991 JAPANFinancial Futures*Japanese Gov't BondsPer 10-year, 6% bond
COSCO'S US EXPANSION IS VIRTUALLY COMPLETE
Journal of Commerce Staff |
Over the past 16 months, China Ocean Shipping Co. doubled its ship capacity across the Pacific, depl
Maritime
*NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Jan. 4, 1990CRUDE OIL(1,000 barrels; dollars and cents
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 7, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 35.95
INSURANCE BRIEFS
From Wire and Staff Reports |
EAGLE-PICHER SEEKS BANKRUPTCY PROTECTIONEagle-Picher Industries Inc. filed for Chapter 11 ba
CHEMICAL BRIEFS
From Wire and Staff Reports |
GOODRICH TAKES OVER HERCULES AIRCRAFT UNITSBFGoodrich Co. said it completed its acquisition
US OIL IMPORTS AT 2-YEAR LOW
From Wire Reports |
Imports of crude oil fell to their lowest level in nearly two years last week as U.S. refiners grew
ENERGY BRIEFS
Wire and Staff Reports |
CRUDE PRICES JUMP BY $2.75 ON NYMEXNEW YORK - Oil prices on the New York Mercantile Exchange
EDI EXCHANGE
Tony Seideman |
PAPERLESS TRADING can mean less people in the workplace - just ask Sears, Roebuck and Co. Fe
ISRAELIS HIT PLAN TO HIRE FOREIGN LABOR
From Wire Reports |
Israeli politicians Monday criticized a plan to hire 10,000 foreigners to build homes for a flood of
Maritime
US-SOVIET FOOD PACT IS CLOSER TO FRUITION
Knight-Ridder Financial |
The U.S. Agriculture Department tentatively agreed to include freight costs in its export credit pac
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