John Faraclas
Another shock for the BDI; Geopolitics coupled with Coronavirus will produce a lethal cocktail
The BDI (Baltic Dry Index) begun the week with a considerable fall; a loss of 68 points since last Friday the 16th of October 2020 and now stands at 1,40, a fraction of losing the 1,400 points threshold, all this “thanks” to yet another triple-digit fall of the Capes. The Geopolitical spectrum – particularly in the faulty line between Gib to Afghanistan and from the Caucasus down to the...