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171 Results / Page 12 of 19

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Global reinsurers
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Global reinsurers stare at massive losses from Suez Canal blockage

Global reinsurers stare at massive losses from Suez Canal blockage Via Reuters: The blocking of the Suez Canal by one of the world’s largest container ships is likely to result in losses worth hundreds of millions of euros for the reinsurance industry, Fitch Ratings said, even as rescue teams were successful in partially refloating the vessel on Monday. The 400-metre (430-yard) long Ever Given got wedged diagonally across the canal […]

today03/30/2021 14

Archegos
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Nomura, Credit Suisse warn on losses after Archegos share dump

Nomura, Credit Suisse warn on losses after Archegos share dump Via Reuters: Nomura and Credit Suisse warned on Monday they were facing significant losses after a U.S. hedge fund, named by sources as Archegos Capital, defaulted on margin calls. A fire sale of stocks on Friday caused big drops in the share prices of companies linked to Archegos, a source familiar with the matter said, putting markets on edge about […]

today03/29/2021 3

Suez Canal
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Partial refloating of jammed ship lifts hopes of reopening Suez Canal

Partial refloating of jammed ship lifts hopes of reopening Suez Canal Via Reuters: A huge container ship blocking Egypt’s Suez Canal for nearly a week has been partially refloated, the Suez Canal Authority (SCA) said on Monday, raising hopes the busy waterway will soon be reopened for a big backlog of ships. The 400-metre (430-yard) long Ever Given became jammed diagonally across a southern section of the canal in high […]

today03/29/2021 17

Suez Canal
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Suez Canal remains blocked amid efforts to free stuck vessel

Suez Canal remains blocked amid efforts to free stuck vessel Via AP News: A giant container ship remained stuck sideways in Egypt’s Suez Canal for a fifth day Saturday, as authorities prepared to make new attempts to free the vessel and reopen a crucial east-west waterway for global shipping. The Ever Given, a Panama-flagged ship that carries cargo between Asia and Europe, ran aground Tuesday in the narrow canal that […]

today03/27/2021 3

Suez blockage
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Oil prices rise 2% on fears Suez blockage may last weeks

Oil prices rise 2% on fears Suez blockage may last weeks Via Reuters: Oil prices reversed a sharp sell-off a day earlier to rise about 2% on Friday on mounting fears that it could take weeks to dislodge a giant container ship blocking the Suez Canal, which would squeeze supplies of crude and refined products. Prices, however, were still headed for a third consecutive weekly loss, with the outlook for […]

today03/26/2021 9

ballistic missile
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Japan says North Korea may have fired ballistic missile

Japan says North Korea may have fired ballistic missile Via Reuters: North Korea may have fired a ballistic missile, Japan’s defence ministry said on Thursday, adding the projectile had not fallen within Japanese territory. “It may have been a ballistic missile. It has not fallen within Japanese territory and is not believed to have come down within Japan’s exclusive economic zone,” a defence ministry spokesman said. Earlier the Japanese coast […]

today03/24/2021 15

short-range missiles
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North Korea fires two short-range missiles, U.S. still open to dialogue

North Korea fires two short-range missiles, U.S. still open to dialogue Via Reuters: North Korea fired two short-range missiles at the weekend, U.S. and South Korean officials said, but Washington played down the first such tests under President Joe Biden and said it was still open to dialogue with Pyongyang. The North Korean tests involved weapons systems at the low end of the spectrum that were not covered by U.N. […]

today03/24/2021 23

Suez Canal
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Tug boats work to free giant container ship stuck in Suez Canal

Tug boats work to free giant container ship stuck in Suez Canal Via Reuters: Eight tug boats were attempting on Wednesday to free a 400m (440-yard) long container ship that ran aground in the Suez Canal, blocking vessels passing through one of the world’s most important waterways, the authority that runs the canal said. The 224,000-tonne Ever Given was stranded on Tuesday morning after losing the ability to steer amid […]

today03/24/2021 14

C'mon Man
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Crusade Channel Meme Of The Day – C’mon Man!

Crusade Channel Meme Of The Day - C'mon Man! Credit to: @MundayMusings Our Readers And Listeners Keep Us In Print & On The Air! Click here to subscribe to The CRUSADE Channel’s Founders Pass Member Service & Gain 24/7 Access to Our Premium, New Talk Radio Service. www.crusadechannel.com/go What Is The Crusade Channel? The CRUSADE Channel, The Last LIVE! Radio Station Standing begins our LIVE programming with our all original […]

today03/19/2021 22

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