by Alex Pappas | Nov 4, 2011 | Week in Global Logistics
UK Okays Armed Guards Against Piracy – To combat piracy, the UK will now allow armed guards aboard ships in dangerous shipping lanes. It is expected that up to 100 vessels will apply to use armed guards within the next month. According to Prime Minister Cameron, this...
by Alex Pappas | Apr 29, 2011 | Week in Global Logistics
Chinese Currency Rises – The renminbi(RMB) rose to its strongest level since 2005, the year China removed the fixed U.S. dollar valuation peg. This is seen by economists as Beijing’s willingness to use appreciation as a tool against rising inflation. However,...
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