Foreign Affairs
Unexpected growth seen in French industry
The activity in French industry showed a small growth in August, while economists had on average expected a slight contraction. This was apparent from the purchasing manager index…
Continue ReadingPolitical crisis in Italy: Prime Minister Conte leaves, the government falls
Italian Prime Minister Conte submits his resignation. He announced this in the Senate, where he accused the Italian Deputy Prime Minister Salvini of relinquishing his own interest to…
Continue ReadingIranian oil tanker now heads to Greece after a month and a half in Gibraltar
The Iranian oil tanker Grace 1 has set course for Greece, despite pressure from the Americans to keep the ship on the chain at Gibraltar. Ship data show…
Continue ReadingEurozone economy shows 0.2 percent growth but Germany is in risk of recession
The eurozone economy grew by 0.2 percent in the second quarter compared to the previous quarter, the Eurostat statistics agency reports on the basis of a new estimate.…
Continue ReadingTrade worries and yen puts Nikkei on ice
In Japan, where investors returned after a long weekend, the stock market closed at a loss on Tuesday. Concerns about an escalation of the US-China trade conflict and…
Continue ReadingCathay Pacific hit hard by Hong Kong protests
Airline company Cathay Pacific has been hit hard by new demonstrations at Hong Kong airport Chek Lap Kok. Almost all flights to and from the airport were canceled…
Continue ReadingHeerema wins a lucrative Taiwan contract
The Dutch maritime service provider Heerema has won a job for the construction of offshore wind farms off the coast of Taiwan. The company transports and installs, among…
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