Recent Posts

Panama Canal seeks toll hikes on shipping boom

  Bloomberg The Panama Canal Authority proposed a comprehensive restructuring of its toll system, which would increase rates charged on cargo such as vehicles, oil and gas and soybeans that cross the waterway as ocean shippers rake in record profits. The changes would reduce the current structure to fewer than 60 tariffs from 430 now and focus on vessel capacity ...

Read More »

Hungary inflation rate climbs higher in March

Bloomberg Hungarian inflation continued to accelerate as the effects of record pre-election spending, weaker currency and a surge in oil prices following Russia’s invasion of Ukraine fed through to prices across the economy. Consumer price rises an annual 8.5% in March, the highest level since 2007, the Budapest-based statistics office said in a statement. The median estimate in a Bloomberg ...

Read More »

European stocks waver on China Covid spread, French uncertainty

  Bloomberg European equities started the week on a negative note as investors weighed an array of risks from China’s Covid-19 flare up to an uncomfortably tight race for the French presidency, surging bond yields and the war in Ukraine. The Stoxx 600 Europe Index falls 0.2% as of 8:52 am in London, tracking Asian stocks lower. Technology stocks were ...

Read More »
Send this to a friend