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Shipping / Trade Collapse
Posted in Commentary, News, tagged Global Economy on 14, January 2009 | Leave a Comment »
Freight rates for containers shipped from Asia to Europe have fallen to zero for the first time since records began, underscoring the dramatic collapse in trade since the world economy buckled in October. By Ambrose Evans-Pritchard, International Business Editor Last Updated: 3:39PM GMT 14 Jan 2009 The cost of shipping goods from Asia to Europe [...]
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