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Traders Are Bracing for a Record-Smashing Summer That Will Roil Commodities

(Bloomberg) -- Around the world, people are already living through the havoc brought on by global temperatures that are breaking records. It’s about to get a lot worse. Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners in Texas and FloridaInsurers Sink as UnitedHealth Sees ‘Disturbance’ in MedicaidAmerican Air Fi...
United States Red Sea Djibouti General Republic Of Rhine River Netherlands General
Source: yahoo.com

Britons finally taste full Brexit as costly border checks begin | Ellen Milligan

Just down the corridor from where Danish Crown’s pigs are slaughtered, boned and prepared for export as bacon, six staff have a new task: filling in customs and health certificates made necessary by the UK’s split from its largest trading partner. The scene at the abattoir in Blans, Denmark, lays…
United Kingdom North East Lincolnshire North Sea Oceans General East Riding Of Yorkshire Lars Albertsen

Red Sea unrest is bad news for world's fragile food supply

Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit—and threatening to halt a slowdown in food inflation that brought some relief to strained consumers. Vessels loaded with foodstuffs are among those avoiding Houthi attacks in the key waterway by sailing around Africa, a…
United Kingdom Tower Hamlets Republic Of Red Sea Djibouti General Majid Mahboob Paracha

Red Sea Unrest Is Bad News for the World's Fragile Food Supply

(Bloomberg) -- Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownPakistan’s Army Strikes Back at Iran as Both Sides Urge CalmApple to Sell Watches Without Oxygen Feature After Legal SetbackAirstrikes on Yemen Bring New Level of Chaos to Shipping in the So...
Red Sea Djibouti General Republic Of United Kingdom Tower Hamlets Gina Turner
Source: yahoo.com

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Europe's Parched Lifeline Flashes Trade Disruption Warning

By Jack Wittels, Megan Durisin and Celia Bergin (Bloomberg) –Shallow waters on the Rhine are disrupting barge traffic and forcing up the cost of shipping, an early indicator the continent may need to brace for a redux of the seismic economic shock caused by last year’s drought. At Kaub, a key waypoint in western Germany, the river-measure is the lowest it’s been this time of year since 2017. Any barges planning on hauling diesel further into inland Europe are restricted to loading...
Rhine River Netherlands General United Kingdom Baden Wüberg Noord Brabant Catherine Macgregor

UK real wages plunge most on record as job vacancies fall

By Andrew Atkinson & Celia Bergin / Bloomberg Opinion UK job vacancies fell for the first time since August 2020 as real wages dropped at the sharpest pace on record, indicating a tightening inflation squeeze on consumers and businesses. The number of jobs employers are seeking to fill fell by…
United Kingdom Jake Finney Andrew Bailey Luis Andrade Nadhim Zahawi Office For National Statistics

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