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Macro Economics - A cautiously optimistic outlook supports the road towards higher growth and reinstates stronger business confidence

11 April 2012

The global economy is getting better. The dark clouds that were piling up towards the end of 2011 have now spread, as brisk winds of change are beginning to restore optimism. However, the economic crisis is still not over and many tough political decisions have to be made before we can stand on top of a sustainable recovery. Three factors give us reason to believe things are getting better:

Macro Economics - Uemployment, sovereign debt and deficits remain challenging before growth can firmly be called sustainable

14 October 2010

Global Economy: WTO says that trade is likely to grow by 13.5% in 2010. This is an upward revision of world trade from the March forecast of 10%. The massive growth comes back-to-back with the 2009 decline of 12.2%, and has to be seen in that perspective. However, the news is positive and definitely helpful for the global economy as it struggles to leave the crisis behind and sustain positive growth going forward.

Tanker Shipping

14 April 2010

Floating storage is coming down on the narrowing of market contango, but persists in playing an important part in tanker demand