Rodolphe Saadé pledges to help Trump revive US shipping – report
In a story headed ‘French Shipping Magnate Pledges to Help Trump Revive U.S. Shipping’, WSJ ...
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
Op-ed piece in the increasingly excellent Quartz which argues that far from relegating millions to poverty, as those voting for Brexit and Trump appeared to believe (and certainly those promoting Trump and Brexit purported), “it is not the idea of globalisation itself that is problematic; it is that its implementation has not gone far enough”. It is an argument that many in the freight industry – which after all has made so much of its earnings through global trade in recent years – will be intuitively familiar with, and explores the central dichotomies of the modern world: that the tools of national politicians and statesmen are simply inadequate to make contemporary economics fairer; in some cases they are the surest way for economies to shoot themselves in the foot. “The trade policies instituted today (in the West) create economic and political instability elsewhere, and this uncertainty is a crucible for the next wave of migrants (economic or political) to the developed West.”
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