Ballast Water Management – Why is it important?

Ballast Water Management – Why is it important? Officer of the Watch examines legislative efforts to avoid disastrous environmental risks posed by ballast water from international shipping The problem: Ships use ballast to control their stability. The ballast can be solid, and historically rocks or iron ingots might have been …

Brexit: Command Economy – A Warning from History

Is it not wonderful to live in a democracy where the spirit of free enterprise and free trade is protected by the laws of a State within a legal system that has been shaped to prevent business being subjected to irrational and arbitrary decisions of government ? By Joe Sweetinburgh, …

Sterling Facing Critical Week

There’s a perfect storm approaching the pound this week with critical factors affecting Sterling on a collision course. Analysts cite political uncertainty, macroeconomic data and monetary policy as the three main drivers of economy and therefore currency. There isn’t one which is more important than the other and they are …

Export business in the South West: Superfast & Streamlined

Ray Gore reflects on the positive effect of technology on the potential prosperity of once disconnected regions. SW businesses’ export opportunities enhanced by streamlined supply chains and Superfast connectivity! I was reflecting on the way that the digital age in which we now live has so changed the way things …

North America Free Trade Agreement (NAFTA)

Just when we thought Brexit would be the dominant discussion topic around the dinner table at International Trade gatherings, a much larger beast is on the loose. North America Free Trade Agreement (NAFTA) What is Nafta? started in 1994, it is designed to lower tariffs for most traded goods and …

Hard Brexit? Sell Sterling!

Davis and Fox; Brexit Hawks If anyone in the U.K. didn’t believe that Brexit was going to happen, they should have had their eyes very firmly opened on 20th July. The first joint Press Conference given by the major Protagonists, Michel Barnier and David Davis since negotiations began in earnest …

Central Banks and Inflation; A difficult relationship

What else matters? Inflation, if you want to know how serious it is; ask a Zimbabwean! The U.S. released inflation data for June on Friday and whether it is the brilliant job being done by the FOMC in raising interest rates, “global factors” a weak housing market or some other …

MPC Facing Critical Vote

Damned if they do, Damned if they don’t… There are three weeks until the next MPC meeting in the U.K. but traders will already have the date circled in red on their calendars. A one-month break in meetings should have given MPC members more time to come to a considered …

India: Historic Trade Capital to Future Economic Hub

With Brexit topping the headlines and the prospect of a need to find new export partners looming, one answer is to look to our historic colonial relationships. You might be surprised to discover how much we have in common with India after all these years… By Tony Parry Your scribe …