ABU DHABI / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid ...
Read More »You cannot gauge global economy looking at ships
Amid the turmoil of the oil-price bubble and credit crunch in 2008, a few analysts and economists discovered something remarkable. An obscure shipping index compiled in the shadow of London’s “Gherkin†tower had become a sort of daily prophecy about the direction of the global economy. The Baltic Dry Index could be used as a â€Predictor of Global Stock Returns, ...
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