Sudden spike belies 'boring' transatlantic airfreight market
On the face of it, transatlantic air trade between Europe and North America has been ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
EU attempts to circumvent US sanctions on Iran and maintain trade with the republic are failing. Austria recently refused to host a special purpose vehicle (SPV) payment system that would give EU member states a way to avoid exposure to US secondary sanctions on trade with Iran. The decision is another setback in the EU’s attempt to keep the 2015 Iran deal in place and, according to Axios, with no SPV, the Middle Eastern state is likely to have less reason to adhere to the accord. Reportedly, the EU will next target Luxembourg to host an SPV.
Comment on this article