The yen exchange rate hits a 34-year low
Apr .12.2024
According to a report from Japan Jiji News Agency on the 11th, the yen exchange rate fell 1% in the New York foreign exchange market on the 10th, falling below the "warning line" of 152, and once fell to 153.24 yen, the lowest level since July 1990.
Severe Congestion In South African Ports
Mar .25.2024
In recent months, with the sharp increase in the number of ships, the already existing capacity problems in ports along the South African route have become even more severe.
Global Oil Production Cuts
Mar .04.2024
Suadi Arabia, Russia, UAE and several OPEC+ producers exrend voluntary crude supply cuts until end of June.