Invasion –

Why the labour market won’t fuel US inflation, Digital currencies could boost financial health, and more

THE DAILY UPDATE – Saturday 2 April 2022

Why the labour market won’t fuel US inflation

By Julian Jacobs

Despite low unemployment and high inflation, fears that tight labour markets will drive inflation higher are misplaced. Five elements have been vital to the reduction of worker power since the 1970s and are responsible for the considerable productivity-pay gap in the US. The great danger of this bout of inflation is that salaries will not increase fast enough, while panic about rising wages will...

https://allaboutshipping.co.uk/2022/04/02/why-the-labour-market-wont-fuel-us-inflation-digital-currencies-could-boost-financial-health-and-more/

GLOBAL & REGIONAL DAILY (Friday, April 1, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

April 1 2022

Global Markets

Amid further potential energy supply disruptions, the IEA and the US are considering increasing oil supplies; 2yr10yr UST yield curve at c. 1.2bps at the time of writing; focus today turns to US March unemployment rate and nonfarm payrolls and Euro area March flash HICP.

Greece

According to ELSTAT, the overall industrial producer price index (PPI) increased by 4.9%MoM/33.6%YoY in February, climbing to a new record high. This hike was...

https://allaboutshipping.co.uk/2022/04/01/global-regional-daily-friday-april-1-2022/

Car Carrier Bidding Wars Spark All Time Rates Boom

Using VesselsValue data, Dan Nash, Head of RoRo, explores the current landscape of the Car Carrier sector after long term recovery from Covid-19, looking at record high rates and a surge in demand. This article highlights China taking the lead in the Car Carrier market, and the increase in commodity costs in the aftermath of Russia’s invasion of Ukraine.

“Focussing on global fleet supply, 5 consecutive years of low orders from 2016, combined with over exuberant scrapping activity by shipowners...

https://allaboutshipping.co.uk/2022/03/30/car-carrier-bidding-wars-spark-all-time-rates-boom/

Monaco: Difficult questions about local oligarchs

Monaco: Difficult questions about local oligarchs

Monaco
Good Morning Monaco

Monday, February 28, 2022

French press asks difficult questions on local oligarchs
Local French-language daily Monaco Matin has asked if Monaco will take action against oligarchs who have established themselves beyond Russia’s borders, following similar attempts by the US, Britain and… 

Monaco mobilises to help displaced Ukrainians
It has been the most terrible week in the history of Europe in more than 70 years, since the...

https://allaboutshipping.co.uk/2022/02/28/monaco-difficult-questions-about-local-oligarchs/