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Soaring Tariffs and the Impact on Sea and Air Transport: The Effects of Trump’s Election
Donald Trump's victory in the US presidential election yesterday may begin to affect the shipping market even before he is officially sworn in in January. During the election campaign, Trump proposed new blanket tariffs of 10% to 20% on most of the $3 trillion in...
Commodity Slippage As Dollar Strengthens: U.S. Elections and the Trump Effect on Global Markets
On Wednesday, commodity markets, from oil to copper to grains, fell across the board as the U.S. dollar strengthened. Investors are already anticipating a Donald Trump victory in the U.S. presidential election, with a possible re-election likely to renew global...
Nornickel Raises Production Forecast for 2024: A Perspective On the Future of Nickel, Palladium and Other Precious Metals
Nornickel, the world's largest producer of palladium and a major producer of refined nickel, recently announced an increase in its production forecast for 2024 for all metals. This strategic move is a positive signal for the precious metals industry, which is...
International Monetary Fund forecast: Stable growth but uncertain outlook for global economy
The International Monetary Fund (IMF) has released its latest forecast on global economic growth, outlining a picture characterized by apparent stability but with future prospects laden with uncertainty. According to the World Economic Outlook, global economic growth...