Glimmers of Hope for World Economy, But Dangers Lurk
PARIS (AP) — Vendors broke out in applause in the flagship Galeries Lafayette department store in Paris as eager shoppers returned for the first time in a month, after yet…
Year: 2020
Frederic Bastiat
Quote for the Day
“Public spending keeps the working class alive.”
Harbor Business Briefs
The Grays Harbor PUD Board of Commissioners have approved a $127.6 million operating budget for 2021.
Canada Unveils Largest Economic Relief Package Since WW2
It is "the largest economic relief package for our country since the Second World War", Finance Minister Chrystia Freeland said on Monday.
Rear Vision Mirror No Longer Reasonable Guide For Investors
A couple of decades ago, a balance sheet might have provided useful insight into a company’s value. Today the listed value of most companies far exceeds of the value of…
Markets Rally on News of Pfizer’s Coronavirus Vaccine
The U.S. Chamber of Commerce voiced optimism on Monday that a Biden administration could break the political gridlock that has stymied legislative cooperation between Democrats and Republicans in Congress and…
$44bn Mega-Deal Proves Data is Big Business
The founder of Markit - which began life in a converted barn in Hertfordshire - is now thought to be worth hundreds of millions.
China Sharply Ramps Up Trade Conflict With Australia Over Political Grievances
TAIPEI, Taiwan — China's withering trade war with Australia is escalating sharply, prompting several of Australia's allies to express support for a country that is heavily reliant on its giant…
Frederic Bastiat
Quote for the Day
“Nature, or rather God, has bestowed upon every one of us the right to defend his person, his liberty, and his property, since these are the three constituent or preserving elements of life.”
Carriers ‘Using Pandemic to Boost Profits’ Claim, as Asia-Europe Rates Explode
Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with regulators seemingly unable to stop the relentless onslaught on shippers that…