June’s US trade statistics have shed doubt on the efficacy of President Barack Obama’s National Export Initiative (NEI) which, launched in February, aims to double US exports by 2015. A series of marketing plans, aimed specifically at major emerging markets including India, China and Vietnam in Asia as well as Brazil and South Africa, are… [Read more]
After slumping by 12% in 2009, the largest contraction of the post-war period, global trade volumes have steadily rebounded in the first half of 2010. Yet, just as the global economic downturn laid bare the inherent chinks in the armour in the world’s financial system, the upturn is exposing a fundamental weakness in another vital… [Read more]
Day five of the great European airspace shutdown, and we are all eagerly awaiting the resumption of flights. (Hard to believe that there is so much dust up there, given how sunny southern England has been in recent days – though sadly not today.) Among millions of travellers who have been stranded around the world… [Read more]