British importers and exporters are more optimistic about growing their businesses next year than their counterparts who sell only domestically, despite disruption caused by Brexit. This is according to a new survey of 1,000 companies by HSBC. Over half (60%) of the respondents that import or export expect growth in 2022, compared with 46% …
CNBC has a story about how surging consumer demand, bottlenecks at ports and a shortage of containers, makes it a tumultuous time to be an ocean carrier. Maersk, the world’s largest container shipper, announced May 2021 first-quarter revenue of $12.4 billion, a 30% increase from a year earlier. Maersk has a fleet of over …
Continue reading “How Maersk dominates the global shipping industry”
UK’s top spycatcher will say foreign agents have made more than 10,000 “disguised approaches” to members of the public. McCallum says the impact of hostile state activities – which include cyber attacks and fake news and have the potential to affect everyone – ranges from “frustration and inconvenience, through loss of livelihood, potentially up …
Continue reading “Head of MI5 Ken McCallum warns ‘regular people’ being targeted by foreign spies”
This is an article from the Economist about Belgium. I think all of us that have lived in Belgium recognizes some things. Stuff happens in Belgium. From the outside, it is a grey country famous for fries, Magritte, chocolate and as the home of the eu—a project whose entire ethos is making European history …
One of the unique facets of The Beatles during their pomp in the 1960s was their ability to tell sweet and soulful stories in the guise of pop songs. Credited always to Lennon-McCartney, the real write of most of these “story songs” was, in fact, Paul McCartney. Happier to employ a sense of whimsy …
Continue reading “There are more songs like ’Eleanor Rigby, McCartney reveals”
BBC News writes, that iNcreased cross-border trade in Ireland as a result of the Northern Ireland Protocol is “in many ways a problem”, UK Brexit Minister Lord Frost has said. The protocol makes it harder for businesses in either part of Ireland to import goods from Great Britain. That has contributed to a surge …
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Swedish Customs has more than doubled their seizured amount of cannabis during the first six months of 2021 in comperison with the same time period last year (2020). Also the seizures of cocaine has improved in 2021. In addition the seizures of amphetamins ha also gone up in 2021, so far. The main reason …
The ancient Maya civilization was enshrining its legacy in stone more than a thousand years ago, and the ingenious designs from that time are being utilized in fresh ways today. On a 950-mile (1,525 -kilometer) Mexican railway line, a new station to service the Yucatán town of Tulum is being built using techniques right …
The East African Community (EAC) economic bloc is projected to grow at 3.6 percent this year. The fast growth will likely give the six nation bloc a leeway in the African Continental Free Trade Area (AfCFTA). The facility, which became operational in January this year, has a consumer market of 1.3 billion people. This …
Continue reading “East Africa: EAC Region’s Growth Projected At 3.6 Percent This Year”
There are many singers throughout the world who would be positively quaking in their boots to take a seat in the BBC Radio 4 studios to be quizzed on their life and music tastes for Desert Island Discs. However, when Bruce Springsteen came to town, we’re pretty sure it was the entire BBC that …
Continue reading “Bruce Springsteen’s favourite song of all time”
Singapore kept its position as the world’s top shipping hub on the 2021 Xinhua-Baltic International Shipping Centre Development (ISCD) Index for the eighth consecutive year. Singapore was followed by London, Shanghai, Hong Kong and Dubai. The top five rankings were unchanged from the previous year, despite the pandemic-induced drop on global trade and business …
The world is change and so is the underworld. Over the past few years, the cocaine trade has enjoyed an unprecedented boom, fuelled by soaring production. In 2018, the combined production for Colombia, Bolivia and Peru – the three main producers of cocaine – was more than double that of 2013. While the rate …
Tonight Italy became European Champions after winning the Eur2020/2021 fonal at Wembley against England after a penalty shoot-out (1-1 at full time). Italy has played great and positive football from the first game through the entire tournament. England was a worthy opponent in the final. It was a great game. Football didn’t come home …
Director-General Ngozi Okonjo-Iweala of World Trade Organization (WTO) said at the UN’s High-level Political Forum on Sustainable Development lats week, that trade has an essential role to play in efforts to combat the COVID-19 pandemic and revive progress towards the Sustainable Development Goals (SDGs). “Trade played an important role in the historic development achievements …
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HM Revenue and Customs is encouraging UK businesses to prepare for customs changes which will be introduced over the coming 6 months, including: Making supplementary declarations Appointing a customs intermediary Export Health Certificate requirements Get the support you need as soon as possible. Businesses already importing goods using delayed declarations should get ready now …
Continue reading “UK Government asks UK traders to prepare for full Customs Control in January 2022”
The African Union, through its department of Economic Development, Trade and Mining, on Wednesday chose Rwanda as the continental headquarters for the African e-trade Group. The development, announced during the annual Africa Integration Day, will, among others, facilitate the group’s ambition of supporting 600,000 SMEs in Africa over the next five years. The African …
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Today A.P. Møller-Mærsk A/S, known as Mærsk, announced my new position within the company. In August, I start as Global Head of Trade and Customs Consulting of Maersk. It will be great to continue the journey in Maersk while still keeping my close connections with KGH, where I have spent the last nine years. …
There is a reasons for why we in KGH/Maersk are fast in delivering our solutions to our clients. Our consultant Lovisa Lindh is for the moment ranked 22nd world on 800 m track and field. Lovisa is supply chain consultant with our team in Gothenburg and she has in parallel with her athletic career …
It is expected that importers will make sure haulage companies are moving their goods compliantly in future and HMRC will monitor this to identify and address repeated non-compliance. Where goods have been imported without a declaration these goods have been imported non-compliantly and civil penalties could be charged where HMRC considers it appropriate. Additionally, …
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OECD Director General Matjias Cormann did media with CNBC International in Venice today. He talked about OECD/G20 efforts on international tax reform – to make international tax work better, be fairer and more equitable in a globalised and increasingly digitalised world. The Director General also discussed the recovery, risks which could undermine a sustained …