The flagship forecast launched in New York on Thursday indicates that last year’s stronger-than-expected GDP growth coming out of the COVID-19 pandemic masked short-term risks and structural vulnerabilities in the world economy. The sombre short-term outlook is based...

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U.S. manufacturers are still struggling to emerge from the prolonged slump that began in the middle of 2022 as the pandemic-driven surge in merchandise buying subsided and consumers reverted to spending on services. Merchandise inventories have begun to normalise but...

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Oil tanker broker ACM Shipping Group is looking at growing its ship broking business and may expand into the dry bulk market amid tougher conditions in the seaborne industry, its chief executive said on Tuesday. The global economic downturn has hit the shipping sector...

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Asian spot liquefied natural gas (LNG) prices slipped to a five-month low this week, extending losses that began in mid-November as mild winter weather and high inventories curbed demand. The average LNG price for February delivery into north-east Asia LNG-AS dipped...

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European carbon prices fell in the week ending Jan. 5 due to soft demand but with colder weather forecast for the coming days, analysts and traders are expecting a slight recovery. Platts, part of S&P Global Commodity Insights, assessed EUA contracts for December...

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The increasing Red Sea crisis may impact trade as it is expected to push shipping costs by up to 60 per cent and insurance premium by 20 per cent, a report by economic think tank GTRI said on Saturday. This conflict could also result in increased shipping costs (40-60...

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