09 MAY 2025 Argentine officials now believe they have dealt a knock-out blow against organized crime and drug smuggling in what is being reported to be the largest drug seizure in the history of Port San Lorenzo. The investigations are ongoing to unravel some of the mysteries of the case …
Read More »TRUMP ANNOUNCES DEAL TO STOP BOMBING HOUTHIS
09 MAY 2025 President Donald Trump announced on Tuesday the U.S. will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting important shipping lanes in the Middle East. After Trump made the announcement, Oman said it had mediated the ceasefire deal, marking a …
Read More »TRUMP HALTS U.S. BOMBING OF HOUTHIS, CITING CEASEFIRE PLEDGE THAT THE HOUTHIS DENY
09 MAY 2025 President Donald Trump announced Tuesday that the United States will cease military operations against Houthi forces in Yemen, claiming the Iran-aligned group agreed to a ceasefire against U.S. ships in vital Middle Eastern shipping lanes. However, senior Houthi leadership immediately contradicted some of Trump’s claims and vowed …
Read More »GIBRALTAR FINDS COCAINE ON BULKER USING NEW UNDERWATER DRONES
08 MAY 2025 Gibraltar is highlighting its success in stopping drug smuggling with its newly acquired underwater drones. HM Customs made a sizable drug bust from a bulker in the anchorage by deploying drones that were acquired in December 2024. The Chinese-owned bulker Great Zhou (39,744 dwt) arrived in Gibraltar …
Read More »EUROPEAN FIRMS FARE BETTER THAN FEARED THROUGH EARLY TRADE PAIN
07 MAY 2025 European firms are reporting earnings significantly ahead of expectations, allowing for some relief in the market, but tariffs and the uncertain path of economic growth continue to cloud the outlook. Companies on the MSCI Europe index are averaging earnings growth of 3.8% so far, outpacing pre-season estimates …
Read More »OPEC+ TO FURTHER SPEED UP OIL OUTPUT HIKES
06 MAY 2025 OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks to punish some fellow members for producing above quotas. OPEC+ shocked oil markets in April by agreeing a bigger-than-expected output …
Read More »WHOOPING COUGH IS ON THE RISE: AN EXPERT EXPLAINS HOW TO PROTECT YOUR FAMILY
06 MAY 2025 Whooping cough, a bacterial infection that can be especially dangerous for babies and young children, is on the rise. Already in 2025 the U.S. has recorded 8,485 cases. That’s compared with 4,266 cases during the same period in 2024. Like measles, which is also spreading at unprecedented …
Read More »DEMENTIA IN YOUNGER PEOPLE IS OFTEN OVERLOOKED. HERE ARE 5 KEY REASONS.
05 MAY 2025 Around 57 million people worldwide have dementia. While most cases of dementia are diagnosed in older adults, about 7% of cases occur in people under 65. This number may be even higher as young-onset dementia continues to be under-recognised. This means many people may be missing out …
Read More »MEDITERRANEAN SEA BECOMES WORLD’S FIFTH SULPHUR EMISSION CONTROL AREA
03 MAY 2025 The Mediterranean Sea has become the world’s fifth Emission Control Area (ECA) for sulphur oxides starting May 1, 2025. This landmark regulation, adopted by the International Maritime Organization (IMO), will require vessels operating in Mediterranean waters to use fuel with a sulphur content not exceeding 0.10%. The …
Read More »BLANKED SAILINGS BUOY SPOT RATES AMID BROAD MARKET SLIDE
04 MAY 2025 Spot rates across all the major east-west deepsea trades continued their downward descent this week, although it has become increasingly clear that widespread blanked sailings on the transpacific trade managed to stave off a complete crash. Drewry’s World Container Index (WCI) this week saw a week-on-week decline …
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