An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, November 2, 2022
World’s Second-Largest Container Carrier Sees Global Trade Slowing — Julianne Geiger
And A.P. Moller-Maersk A/S—which controls one-sixth of the world’s container trade—sees global trade slowing between 2% and 4% in a stark warning for not just the container industry but the oil and gas industry as well.…
LOL record profits:
ReplyDeletehttps://www.wsj.com/articles/maersk-expects-logistics-revenues-to-exceed-shipping-in-coming-years-11667411202
“ Net profit jumped to a record $8.9 billion from $5.4 billion in the year-ago quarter, ”