GLOBAL & REGIONAL DAILY (Monday, 2 August 2021)

GLOBAL & REGIONAL DAILY (Monday, 2 August 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

August 2  2021

Global Markets

Futures point to a positive open in Wall Street later today on optimism that the long-awaited infrastructure bill could be approved by Congress this week, while the USD remained under some pressure ahead of the US July non-farm payrolls report due to Friday.

Greece

According to ELSTAT, the overall volume index in retail trade in May 2021, increased by 15.3%YoY (3.0%MoM), hitting a 9-month...

https://allaboutshipping.co.uk/2021/08/02/global-regional-daily-monday-2-august-2021/

Sustainable living: Designing green cities and inclusive housing

Sustainable living: Designing green cities and inclusive housing

Monday 2 August 2021 – Vol.12 Ed.31.1

Commentary: Cities’ sustainable ambitions held back by lack of labelling

By Adam Cotter in Singapore

With over half the world’s population now crowded into cities, making urban areas sustainable is central to solving the climate crisis. Often located in areas of high climate risk, cities face some of the worst consequences of natural disasters. Infrastructure investment is sorely needed. But with...

https://allaboutshipping.co.uk/2021/08/02/sustainable-living-designing-green-cities-and-inclusive-housing/

Inflation concerns in Asia, CBDC programmable payments, and more

Inflation concerns in Asia, CBDC programmable payments, and more

THE WEEKEND REVIEW  – OMFIF

Latest opinion and analysis from OMFIF around the world
26-30 July 2021, Vol.12 Ed.30

Most-Read Commentary

Inflation concerns take back seat in Asia: With a few exceptions, economies in Asia are facing slow vaccination progress, modest fiscal support and steep contractions to the travel and tourism sectors. The challenges faced by policy-makers in the region include capital flow management and faltering...

https://allaboutshipping.co.uk/2021/07/31/inflation-concerns-in-asia-cbdc-programmable-payments-and-more/

Diana Shipping Inc. Announces Signing of a Supplemental Agreement with Nordea Bank

Diana Shipping Inc. Announces Signing of a Supplemental Agreement with Nordea Bank

..

ATHENS, GREECE, July 30, 2021 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that on July 29, 2021, it signed, through seven wholly-owned subsidiaries, a supplemental agreement to the existing secured loan agreement with Nordea Bank Abp, filial i Norge, (i) to extend by 2 years the repayment of the existing secured...

https://allaboutshipping.co.uk/2021/07/30/diana-shipping-inc-announces-signing-of-a-supplemental-agreement-with-nordea-bank/

VesselsValue – Half Year Review: Trade

VesselsValueHalf Year Review: Trade

2021 so far has been a ground breaking year for shipping and global Trade flows as the world recovers from Covid-19. Using VesselsValue’s Trade data our experts have delved into the major trends and changes seen in the last six months with sky high rates, pent up demand and congestion in the Container and Bulker markets, to sinking rates and weak oil demand in the Tanker market.

“The first six months of 2021 are a clear indication of how demand for goods and...

https://allaboutshipping.co.uk/2021/07/29/vesselsvalue-half-year-review-trade/

Stormy seas for importers

Stormy seas for importers

Importers, particularly those reliant on container shipments, are facing a storm of disruptive factors. Whilst this is impacting a broad range of sectors reliant on overseas imports, there are several actions you can take to mitigate the current challenges.

Read our article, explaining some of these challenges and find out some practical actions that can be taken to enable navigation through these stormy seas.

READ OUR ARTICLE
If you would like to discuss...

https://allaboutshipping.co.uk/2021/07/29/stormy-seas-for-importers/

Asia in focus: Inflation no cause for concern, Hong Kong as finance hub

Asia in focus: Inflation no cause for concern, Hong Kong as finance hub

Thursday 29 July 2021 – Vol.12 Ed.30.4

Commentary: Inflation concerns take back seat in Asia

By Taimur Baig in Singapore

For Asian policy-makers, it is next to impossible to envisage a near-term scenario under which fiscal and monetary support measures could be withdrawn. They face a spectrum of pressing challenges, including capital flow management, faltering consumption and investment demand. However, inflation expectations...

https://allaboutshipping.co.uk/2021/07/29/asia-in-focus-inflation-no-cause-for-concern-hong-kong-as-finance-hub/

U.S. LNG exports soar

Graphic shows U.S. LNG export totals over time in relation to export terminal capacity

Figures released yesterday by the U.S. Energy Information Administration (EIA) show that monthly U.S. liquefied natural gas (LNG) exports reached record highs in the first half of 2021, averaging 9.6 billion cubic feet per day (Bcf/d). This average marks an increase of 42%, or 2.8 Bcf/d, compared with the same period in 2020 (according to the U.S. Department of Energy’s LNG Monthly reports and EIA estimates for June 2021, based on shipping data from Bloomberg Finance L.P.).

Source: Graph by the...

https://www.marinelog.com/shipping/markets/u-s-lng-exports-soar/

Why digital currencies should be programmable

Why digital currencies should be programmable

Wednesday 28 July 2021 – Vol.12 Ed.30.3

Commentary: CBDC systems should focus on programmable payments

By Wolfram Seidemann in Munich

Central bank digital currencies are close to being widely introduced and many thorny matters have been discussed in financial circles. These include developing secure infrastructure, questions around governance and mitigating adverse economic impacts. As public digital currencies rapidly transform from theory to reality,...

https://allaboutshipping.co.uk/2021/07/28/why-digital-currencies-should-be-programmable/

Big ideas to help hard-hit nations; Why China doesn’t need global renminbi role

Big ideas to help hard-hit nations; Why China doesn’t need global renminbi role

Tuesday 27 July 2021 – Vol.12 Ed.30.2

Commentary: How ‘financial adventurism’ can boost debt-hit nations

By David Marsh in Berlin

The G20 leading economy grouping should adopt more ‘adventurous’ policies on lending to hard-hit developing nations to help overcome global divergence generated by Covid-19. At the joint National University of Singapore-OMFIF seminar on ‘Debt sustainability and the future: Rebooting...

https://allaboutshipping.co.uk/2021/07/27/big-ideas-to-help-hard-hit-nations-why-china-doesnt-need-global-renminbi-role/

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