Recent Posts

Retailers fuel a warehouse boom to keep up with Amazon

  Washington / Bloomberg The first thing online clothing reseller ThredUp did after clinching a new round of funding last year? Hunt for strategic warehouse space to get the goods to its customers as fast as possible. Amazon.com has spoiled them for anything less. Within six months, ThredUp’s chief executive officer, James Reinhart, had signed leases on two additional warehouses. ...

Read More »

Economic crisis blocks Afghan Silk Road

  Hairatan / AFP Some days there is no train at all crossing the bridge to Uzbekistan, yawns a customs officer in Hairatan, formerly a teeming Silk Road border town whose decline is a barometer of economic depression in Afghanistan’s north. “The camel driver is at work; the caravan is being readied,” proclaimed the mystic poet Rumi, born in Balkh ...

Read More »

Drought breathes life into diesel

  Bloomberg After starving farms across Asia of rainfall, El Nino’s last gasps have infused life into the battered market for diesel fuel in the region.South Asian nations are using more diesel to run irrigation pumps used by farmers in the absence of rainfall to water crops and as dry weather depletes hydropower. That’s contributed to a 65 percent surge ...

Read More »
Send this to a friend