Ageing could leave Europe with Longer Recessions – ECB

The ageing of Europe’s population could permanently constrain monetary policy, leading to longer recessions and weaker recoveries, European Central Bank chief economist Peter Praet said on Wednesday. Europe’s demographic shift is already lowering interest rates, leaving the ECB with decreased conventional firepower and raising the risk that it would more often miss its inflation objective,
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Spot LNG prices in east Asia fell back slightly over the four weeks from mid-September to mid-October, according to the ICIS East Asia Index (EAX). A softer market in Asia reduced the region’s premium to European gas prices and helped to attract increased flows of LNG into the northern European gas markets for early winter.
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Traffic flows between the Belgian port of Antwerp and the hinterland market in Hungary and Austria are increasing continuously. In order to meet the growing demand, the Antwerp Port Authority is promoting the expansion of hinterland connections, especially by rail. Two regular rail connections to Hungary have been established since 2015 and rail services to
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With European companies abandoning Iran in the face of growing U.S. pressure, European politicians backing Iran are counting on oil demand from China, India and Turkey to keep the 2015 nuclear deal alive. Since the U.S. withdrawal from the nuclear deal in May, Iran has threatened to resume its nuclear program if it loses economic
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LONDON: It has been a tough year for carriers plying their trade on the key Asia to North Europe corridor as demand growth that has been evident elsewhere simply refuses to come, shipping consultancy Drewry said. After seven months of the year Westbound volumes from Asia to North Europe were down by 1% following lacklustre
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Ship recycling yards approved by the EU will have enough capacity to handle demand from EU-flagged ships that need to be scrapped, a new analysis shows. The shipping industry wants low-cost ship ‘breaking’ yards outside the EU – with dangerous working conditions and poor environmental standards – to be added to the EU list of
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It has been a tough year for carriers plying their trade on the key Asia to North Europe corridor as demand growth that has been evident elsewhere simply refuses to come, shipping consultancy Drewry said. After seven months of the year westbound volumes from Asia to North Europe were down by 1% following lacklustre demand in
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If you thought the surging price of fossil-fuel emissions in Europe would hurt coal demand, think again. The highest prices for carbon credits in a decade have also lifted natural gas, discouraging power stations from making the switch away from coal. As a result, demand remains strong for the dirtiest fossil fuel in the continent
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BT deploys a secure and resilient industrial wireless backbone solution for DP World Antwerp based on Rajant’s Kinetic Mesh® technology BT today has announced the completion of an innovative, secure and resilient wireless backbone network on behalf of DP World Antwerp for its Antwerp Gateway in Belgium, one of Europe’s busiest container terminals. The innovative
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In a continued effort to provide its customers with reliable and efficient service, CMA CGM will reshuffle its EPIC 1 service connecting North Europe with the Indian Subcontinent. As per a release, London Gateway will replace Felixstowe and the Dunkirk call will be suspended. The new rotation is as follows: Southampton – Rotterdam – Antwerp
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