EU has opportunity to harness crisis to deepen economic union
By Ellie Groves and Taylor Pearce
The response from the European Commission after the 2008 financial crisis was slow and partial. Having learned from these missteps, the European Union’s response to Covid-19 was swift. The Russian invasion of Ukraine has posed yet another crisis. The EU has an opportunity to harness these crises to implement much-needed reform within its institutions and member states.
Saturday, April 23, 2022
Larvotto Beach to be restored over next three weeks
Winter storms have reshaped Larvotto Beach, reducing it to a narrow and rather steep strip…
Ukrainian RIB builder appeals for help
The construction premises of BRIG, the Ukrainian RIB builder, took a direct hit from Russian artillery during the week…
More recoveries than new cases on Friday Thirty-two Monaco residents tested positive for coronavirus on Friday, April 22, while 49 were declared...
https://allaboutshipping.co.uk/2022/04/23/larvotto-beach-to-be-restored-over-next-3-weeks/
Thursday, April 21, 2022
Kremlin figures will miss the Med this summer
Oleg Tinkov, a sanctioned Russian tycoon who rejects the label oligarch, has denounced what he calls “this insane war” in Ukraine. He said that 90 percent of Russians oppose the war…
Prince Albert visits Italian towns
HSH Prince Albert has been visiting Terlizzi, Canosa di Puglia, Poggiorsini and Spinoza, in the Puglia region of southern Italy, all...
https://allaboutshipping.co.uk/2022/04/21/kremlin-figures-will-miss-the-med-this-summer/
CYPRUS, 20th April 2022: The Cyprus Shipping Deputy Ministry (SDM) has collaborated with the financial institutions in Cyprus to facilitate the opening of bank accounts for seafarers affected by the war in Ukraine.
The Seafarer Workforce Report, published in 2021 by BIMCO and ICS, reports that combined, Ukrainian and Russian seafarers represent 14.5% of the global workforce. As more Russian banks are...
Steve Clayton, HL Select fund manager:
“Stock markets were strong in the USA last night, with the S&P 500 index rising 1.6% and the tech-heavy Nasdaq index jumping 2.2%.
Japan’s Nikkei index rose 0.9%, but the Hang Seng index in Hong Kong dipped 0.3%, taking the lead from a 1.4% slump in the Chinese market.
In Europe markets are trading slightly firmer, with the UK’s FTSE 100 index up 3 points to 7604 in early trade.
Netflix hit the headlines for all the wrong reasons when it released results after...
Crew communications are widely accepted as an important element of seafarer welfare provision and vessel operators are now prioritising onboard systems to enable crew to keep in touch with home. The crisis in Ukraine and the Covid-19 pandemic have highlighted the vital need for internet access and contact with home, while seafarer surveys regularly identify connectivity as a key factor in onboard happiness,...
Post Easter Market losses whilst the Ukrainian inferno will last and spill over like Covid… A crucial second Easter Week given the Orthodox Easter but with unorthodox combat. Shame! John Faraclas’ brief Market and geopolitics recap:
The BDI (Baltic Dry Index) lost 22 points since last week (14/04) and now reads 2,115…
The Capes’ BCI was down 139 points losing the 1,400 points threshold and now stands at 1,342…
Mini gains for the Panamaxes’ BPI now at 3,079 – up 37 points.
Gains for...
· Ukraine-Russia tensions escalate as Ukrainian President Volodymyr Zelensky says a large-scale Russian offensive is under way in the eastern Donbas region
· The World Bank estimate for global growth in 2022 has been trimmed to 3.2% from a January prediction of 4.1%
· Growing concerns over Chinese lockdowns and slowing global growth means Hong Kong stocks fell steeply. S&P500 and The Nasdaq showing muted reactions so far
· The...
The horrific war in Ukraine is causing tremendous pain to those who remain there and to those who are fleeing—a situation that leaders should continue to support however they can. But recent reports, along with our own analysis, have shown that the war could also trigger a major crisis in our global food system.
As recently as February, the global food market seemed resilient, with producers responding appropriately to price signals in the marketplace. But the war has shaken up that...
https://allaboutshipping.co.uk/2022/04/19/bcg-weekly-brief-on-the-brink-of-a-global-food-crisis/
Tuesday, April 19, 2022
Attempted murder in Moneghetti
UPDATED, Monday, April 18 19:30: A 24 year-old Monegasque woman was stabbed repeatedly during an incident at Les Mandariniers apartment building on blvd. du Jardin Exotique on Sunday morning…
Palace issues photographs of Princess Charlene and family
Princess Charlene joined Prince Albert, Prince Jacques and Princess Gabriella for an Easter family portrait at the Palace on Sunday, April 17…
Casino de Monte-Carlo wins top awards
https://allaboutshipping.co.uk/2022/04/19/attempted-murder-in-moneghetti-updated/