BREXIT

The votes have been counted. In yesterday’s referendum on the UK’s future in the European Union, 52% of voters said “Leave” while 48% said “Remain.” The world’s financial markets, and Britain’s political landscape, shuddered in response. Stock markets dived worldwide. Oil prices plunged while the price of gold soared. The Pound dropped against the dollar […]
  • David Harris
  • June 24, 2016

Have Europe’s “Big Three” become the “Little Three”?

Yesterday, IATA published its summary of worldwide airfreight demand growth in September. That growth was minimal, with cargo traffic up just 1.0% year-over-year, very much in line with underlying growth since the beginning of the 2015. If there was anything in the report to generate optimism for the rest of the year, it was that […]
  • David Harris
  • November 5, 2015