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Tag Archives: Brexit Global Shipping effect

Is Obsession with Brexit Creating a Blind-spot for Economists?

10 Wednesday Aug 2016

Posted by Angela Chao in Dry bulk shipping

≈ 1 Comment

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Brexit Global Shipping effect

Big Ben in Westminster, London England UK

The Brexit Effect

All Eyes on Brexit, but Has This Caused Inertia in the Markets?

The impending exit of Britain from the EU in 2019, has so absorbed the minds of the international financial community. Prior to the vote, there were many doomsday predictions, none of which have materialized to date. For instance, before the vote it was predicted that the equity and bond markets would collapse if Britain were to leave. However, post-Brexit, the global bond and equity markets are doing very well. And Britain has not become ostracized, as evidenced by GlaxoSmithKline’s announcement that it intends to invest £275 million to bring up production capacity at three of its manufacturing sites in the UK. Wells Fargo announced that it will make an investment of £300 million to construct a European Headquarters in London. Continue reading →

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About Me

Angela Chao
Chairman and C.E.O. of Foremost Group, a leading shipping and trading enterprise, Angela Chao is an active businesswoman who serves on several boards and loves to volunteer. Angela comes from a loving and supportive family of Chinese descent. The Chao family dedicate themselves to serving and contributing to society.

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Recent Posts

  • A Review of Dry Bulk Shipping Performance and Its Challenges in 2016
  • Several Indicators Point to Long-Term Recovery in Capesize Market
  • Is Obsession with Brexit Creating a Blind-spot for Economists?
  • Angela Chao’s Mixed Bag of News for the Dry Bulk Shipping Industry
  • Consolidations in China’s Steelmaking Industry are Healthy and Necessary

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  • Baltic Dry Index
  • Dry bulk shipping
  • Shipping Events

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Baltic Capesize Index BDI Capesize rates China Chinese economy coal imports coal shipping Crude Oil Dalian Commodity Exchange dry bulk market dry bulk shipping dry bulk shipping market freight rates iron ore Iron ore prices iron ore shipping Iron ore shipping vessels shipping industry steel steel industry

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