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...Medusa was responsible for 99 breaches in the US, UK, Canada, Italy and France last year....
...At that time, the Financial Conduct Authority also opened an investigation into potential breaches of anti-money laundering laws....
...“I don’t see how it [the canal] benefits China very much,” he said. “I can’t imagine they’re wanting to throw $1.7bn into this and build it in the next four years.”...
...They’re creating a gulf between ‘news’ & ‘current affairs’ that doesn’t exist; and they rely too much on audience perceptions.”...
..., which is the gateway to the strategically vital Suez Canal....
...But Venezuela’s stance will not affect Guyana’s oil and gas sector, Todd said: “We have assured the multinational companies operating in Guyana that we’re on the right side of international law, and we’re...
...“Our schedules are in complete disarray and we’re not able to stick to our timings because sometimes we’re passing around Good Hope and sometimes we’re having to wait to pass” the Red Sea, Saadé said....
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...We’re in the realm of uncertainty rather than risk. Still, some of those systems have endured repeated damage without catastrophe....
...The re-routings have forced shipping lines to devise new arrangements for goods going between Asia and ports in Italy, Greece and Turkey....
...Oh, and the Red Sea and Suez Canal aren’t the only pain points for container shipping! A severe drought in the Panama Canal also delayed shipping and raised freight costs late last year....
...“You have windows when you’re supposed to arrive [at a port] . . . but now our schedules are in complete disarray and we’re not able to keep to timings,” he said....
...The re-routings and the Panama Canal delays have created the most severe disruption to international supply chains since the Covid-19 pandemic and raised the costs of moving goods by sea to the highest levels...
...away from the Red Sea and Suez Canal would prompt an increase in hijackings....
...A post-dictatorship boom in the Central American country famous for its canal, an important global trade artery, is fading, with the IMF forecasting a dramatic slowdown in gross domestic product growth to...
...a root canal and skin cancer surgery that had required no further treatment....
...I mean, one alternative route from Asia to the US is the Suez Canal, but that adds a week to journey time. So it’s not ideal and it seems like we’re not quite there yet....
...The Houthis are not a bunch of scruffy thieves in motorboats. They’re ideologically-motivated militants with land bases backed by a powerful state, Iran....
...The Wall Street Journal looks at the shipping problems in the Suez and Panama canals. Trade Secrets is edited by Jonathan Moules...
...Deforestation in the Amazon may be causing the Panama Canal to dry up, threatening one of the world’s big chokepoints for goods trade....
...-08, the Icelandic ash cloud of 2010, the Covid-19 pandemic, the Ever Given container ship getting stuck in the Suez Canal in 2021 and even Russia’s attack on Ukraine, you’re generally quite sceptical that...
...One vessel chartered by Gunvor loaded with LNG from the US that was headed to Asia passed through the Suez Canal and into the Red Sea but turned back and re-entered the canal, according to the ICIS data....
...Traders will then start thinking about levels that will worry US President Joe Biden ahead of a tough re-election fight with Donald Trump in November....
...Canal....
...This floating stainless-steel kitchen contrasted with pastel-pink walls was designed by Rodolphe Parente for the Canal Saint-Martin project in Paris....
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