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Western Australia is home to the bulk of Australia's iron ore mines, which in turn supply about 70% of the imports by China, the world's biggest buyer of the raw material. Australia's iron ore exports are estimated by Refinitiv at 74.13 million tonnes in January, down from December's 80.26 million, but above 68.25 million in November and October's 71.71 million. Commodity consultants Kpler are also expecting record iron ore imports by China in January, with their data pointing to arrivals of 117.42 million tonnes. China's robust iron ore imports form the hope part of the current rally, with expectations for strong construction activity in coming months. GRAPHIC-China iron ore imports vs spot price: opinions expressed here are those of the author, a columnist for Reuters.
Persons: Fortescue Solomon, Sheila Valley, David Gray, Jan, Australia Premier Mark McGowan, McGowan, Richard Pullin Organizations: REUTERS, Australia, Argus, Omicron, Australia Premier, Rio Tinto, BHP Group, Fortescue Metals Group, Refinitiv, Beijing Winter Olympics, Reuters, Thomson Locations: Port Hedland, Pilbara, Western Australia, LAUNCESTON, Australia, China, New South Wales, Western, Rio, December's, Beijing
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC: The backlog at ports is not an issue of labor shortages, but rather of consumer demandMichael Tran, head of digital intelligence strategy at RBC Capital Markets, discusses new research that shows why there may be no near-term end in sight to the global supply chain woes.
Persons: Michael Tran Organizations: RBC, RBC Capital Markets
Republicans who backed parts of the infrastructure bill but voted against the overall measure have offered similar criticisms of the $555 billion measure. Many of those lawmakers feared primary challenges from the right if they voted for the infrastructure bill. Even top Republicans in the House are promoting parts of the infrastructure package that they opposed. "While I opposed the infrastructure bill in its totality based on unwavering principle, there are certain elements within the bill that my office fully supports," he said in a statement. Democrats have sought to highlight the Republicans who promoted such projects while they voted against overall infrastructure funding.
Persons: Tony Gonzales, Gonzales, Joe Biden's, Donald Trump, Biden, Steve Scalise, Scalise, Clay Higgins, Ashley Hinson, Hinson, Dick Durbin, Roy Blunt, Chuck Grassley, Cheri Bustos, Eric Swalwell, Mitch McConnell of, Nicole Malliotakis, McConnell, Rob Wittman, Kay Granger, Pete Stauber, Wittman, Port, Spokespeople, Granger, Stauber, Jen Psaki Organizations: Republicans, GOP, Republican, Green, Twitter, System, Infrastructure Investment, Jobs, House Republicans, Trump, Better Transportation, Port, Democratic National Committee, Biden's, Infrastructure Law, White Locations: Texas, Louisiana, Iowa, Mississippi, Sens, Mitch McConnell of Kentucky, Washington, Kentucky, Port of Virginia, Norfolk, Kay Granger of Texas, Minnesota, Virginia
The oil and gas terminal at the Port of Odessa in Odessa, Ukraine, on Saturday, Jan. 22, 2022. Former U.S. Energy Secretary Rick Perry on Wednesday sharply criticized the Biden administration's contingency plans in the event that Russia cuts off its gas supplies to Europe. The former Texas governor stood down from his role as former President Donald Trump's top energy official in December 2019. It just doesn't work that way," Perry said, referring to liquefied natural gas. A second senior administration official warned the prospect of Russia's weaponization of natural gas or crude oil exports "wouldn't be without consequences to the Russian economy."
Persons: Rick Perry, Joe Biden's, Perry, CNBC's Hadley Gamble, Donald Trump's, they've, Russia's Organizations: Port, Former U.S . Energy, Biden, Governments, White, CNBC Locations: Odessa, Ukraine, Russia, Europe, Texas, Russian
Imports are tumbling at the nation’s busiest container port complex even as the backup of ships waiting to unload there breaks records. That was even as the backlog of container ships off the coast of Southern California kept growing. The queue of vessels waiting to enter the port complex rose past 100 during December, according to the Marine Exchange of Southern California, and reached a record 109 ships in early January. Warehouses near the ports and at nearby logistics hubs are short workers and don’t have space for more deliveries. The slump in inbound volume in Southern California capped a year in which the port complex broke records with massive imports.
Persons: Biden, Jim McKenna, McKenna, Jock O’Connell, “ You’ve, ” Mr, O’Connell, John McCown, “ We’ve, , Gene Seroka, Mario Cordero, Cordero, Mr, Emily Siu Write, Paul Berger Organizations: Marine Exchange, . Shipping, U.S . Department of Transportation, Pacific Maritime Association, Beacon Economics, FedEx Corp, Blue Alpha, White House, of Los Angeles . Port of Long Beach, Paul.Berger Locations: Los Angeles, Long Beach, Calif, Southern California, Asia, West, Hueneme, Gulf, East Coast, Long, U.S, of Los Angeles . Port of, China
Cruise trackers show Crystal Symphony currently docked in the Bahamian island of Bimini. A Crystal Cruise spokesperson said in a statement that the ferry ride had been “uncomfortable due to inclement weather." Elio Pace, a musician on the cruise ship, said he would “never want to live through" the ferry journey again. The Crystal Cruise spokesperson said guests were also taken to local airports, but wouldn’t comment on the lawsuit. Besides Crystal Symphony, it has two other ships currently cruising, which end their voyages on Jan. 30 in Aruba and on Feb. 4 in Argentina.
Persons: Stephen Heard Fales, Crystal, Elio Pace, , , NBC’s, Pace, ” Elio Pace, don’t, they’ll, ” Pace Organizations: MIAMI, Facebook, Crystal, Crystal Cruises Management, Associated Press, Peninsula Petroleum, Symphony, Crystal Cruises, Star Cruises, Crystal Symphony Locations: Miami, Bahamas, U.S, Bahamian, Bimini, Port, Fort Lauderdale, Aruba, Argentina
Indonesia is on track to export 17.7 million tonnes of coal in January, according to vessel-tracking and port data compiled by commodity consultants Kpler. This will be some 43% below December's 31.29 million tonnes and the weakest month since Kpler starting compiling data in January 2017. Australia's thermal coal shipments are likely to be around 17.22 million tonnes in January, up just 380,000 tonnes from December's 16.84 million, according to Kpler. But high coal prices and the threat of resource nationalism, as shown by Indonesia's sudden export ban, point to a more worrying longer term future for seaborne coal in Asia. GRAPHIC: Australia, Indonesia coal exports vs Newcastle Weekly price: opinions expressed here are those of the author, a columnist for Reuters.
Persons: Willy Kurniawan, Jan, it's, Kpler, IHS McCloskey, Price, Stephen Coates Organizations: REUTERS, Newcastle Port, Argus, IHS, Newcastle, Reuters, Thomson Locations: Nusantara, North Jakarta, Indonesia, Willy Kurniawan LAUNCESTON, Australia, Asia, Russia, South Africa, Newcastle, Vostochny, Richards, India, Philippines, Japan, South Korea, China
PORT-AU-PRINCE, Jan 24 (Reuters) - Haiti was struck by a 5.3 magnitude earthquake and a series of smaller tremors on Monday that killed one person and led panicked residents of the Caribbean nation's southern peninsula to flood into the streets. One person was dead and numerous people were wounded in Fond des Nègres in the Department of Nippes, according to a civil protection report forwarded to Reuters that was later confirmed by civil protection chief Jerry Chandler. Register now for FREE unlimited access to RegisterChandler had previously said that no major damage had been reported. Jean Robert Léger, a resident of the town of Pestel on the southern peninsula, said the impact appeared to be minimal. Haiti is still recovering from a 2010 quake that killed more than 200,000 people.
Persons: Jan, Les Cayes, Jerry Chandler, Chandler, Jean Robert Léger, Ariel Henry, Gessika Thomas, Brian Ellsworth, Nick Macfie, Mark Porter Organizations: PORT, Geological Survey, Department of Nippes, Reuters, Thomson Locations: Haiti, Caribbean, U.S, Les, Fond des, Pestel, Port, Miami
New York (CNN Business) A cruise ship heading to Miami changed course to the Bahamas Saturday after a US judge issued an arrest warrant for the ship due to unpaid fuel bills. If the Crystal Symphony had continued course to Miami, it would have been seized by authorities. The Crystal Symphony photographed in May 2013. On Thursday, a US judge issued an arrest warrant ahead of the ship's scheduled Saturday arrival in Miami, meaning the ship would be seized by a US Marshal and court-appointed custodian. Crystal Cruises said about 300 passengers were transferred by ferry on Sunday from Bimini, Bahamas, to Port Everglades in Fort Lauderdale, Fla.
Organizations: CNN, Symphony, USA, Peninsula Petroleum, Crystal Cruises, Crystal Symphony, Associated Press Locations: York, Miami, Bahamas, Bimini, South Florida, Port, Fort Lauderdale, Fla
"What's happening now is getting them ready on a shorter tether," Kirby told a news briefing. Airmen and civilians from the 436th Aerial Port Squadron palletize ammunition, weapons and other equipment bound for Ukraine during a foreign military sales mission at Dover Air Force Base, in Delaware, U.S. January 21, 2022. The U.S. troops notified of ready-to-deploy orders on Monday included additional brigade combat teams, logistics personnel, medical support, aviation support, and troops forces involved with intelligence, surveillance and reconnaissance missions. So far, NATO has about 4,000 troops in multinational battalions in Estonia, Lithuania, Latvia and Poland, backed by tanks, air defenses and intelligence and surveillance units. Register now for FREE unlimited access to RegisterReporting by Phil Stewart Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.
Persons: Jan, John Kirby, Kirby, Austin, we're, Mauricio Campino, Phil Stewart, Alistair Bell Organizations: U.S, NATO, Washington, Pentagon, Force, Special Operations Forces, Airmen, 436th Aerial Port Squadron, Dover Air Force Base, . Air Force, REUTERS NATO, Thomson Locations: Europe, Russian, Ukraine, Kyiv, Delaware, U.S, Handout, Russia, Estonia, Lithuania, Latvia, Poland, Moscow
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFlexport CEO discusses U.S. port congestion and whether there's been progress on relieving itRyan Petersen, CEO of freight forwarder Flexport, appeared on Monday's episode of "Mad Money" to discuss congestion at West Coast ports.
Persons: there's, Ryan Petersen Locations: West Coast
Airmen and civilians from the 436th Aerial Port Squadron palletize ammunition, weapons and other equipment bound for Ukraine during a foreign military sales mission at Dover Air Force Base, in Delaware, U.S. January 21, 2022. Washington has said it would continue to support Ukraine amid concerns in Kyiv and among its Western allies over tens of thousands of Russian troops amassed on its border. read more"The second bird in Kyiv! More than 80 tons of weapons to strengthen Ukraine's defense capabilities from our friends in the USA! read moreRegister now for FREE unlimited access to RegisterReporting by Natalia Zinets; Editing by Alexander SmithOur Standards: The Thomson Reuters Trust Principles.
Persons: Mauricio Campino, Jan, Oleksii Reznikov, Reznikov, Natalia Zinets, Alexander Smith Organizations: 436th Aerial Port Squadron, Dover Air Force Base, . Air Force, REUTERS KYIV, Ukraine's Defence, Twitter, Thomson Locations: Ukraine, Delaware, U.S, Handout, United States, Washington, Kyiv, Russia
The Crystal Symphony left Miami on Jan. 8, as scheduled, on a two-week cruise. On the way back, things took an unexpected turn. The ship was scheduled to arrive in Miami on Saturday, but mid-trip, a United States federal judge ordered the cruise ship seized over a lawsuit regarding unpaid fuel bills. The ship changed course for Bimini, in the Bahamas, according to a cruise tracker, rather than sail into the clutches of federal authorities. The ferry ride, the company added, was “uncomfortable due to inclement weather.”“This end to the cruise was not the conclusion to our guests’ vacation we originally planned for,” the company said.
Organizations: Symphony, Miami, United, Crystal Cruises Locations: Miami, United States, Bahamas, Port, Fort Lauderdale, Fla
People clean debris following volcanic eruption and tsunami, in Nuku'alofa, Tonga in this picture obtained from social media on January 20, 2022. Tonga's government said drinking water was the priority, and a national emergency team had already distributed 60,000 litres of water to residents. Aid deliveries expected from Japan and China would also be contact-less to prevent the spread of COVID-19, the government said. Reliance, a repair ship due to reconnect the undersea cable that links Tonga to international telecoms networks, left its Port Moresby mooring and was expected in Tonga on Jan. 30, according to Refinitiv data on shipping movements. The vessel was expected to arrive "in the next few days" to repair the fibre-optic cable, the Tongan government said.
Persons: Marian Kupu, Ash, Faka'iloatonga Taumoefolau, Tongans, Taumoefolau, Zed Seselja, Sione Hufanga, Kirsty Needham, Raju Gopalakrishnan Organizations: Broadcom Broadcasting, REUTERS, New, Reuters, Tongan, Australian, Brisbane midflight, United Nations, Farmers, World Bank, Asia Development Bank, Reliance, Port, Thomson Locations: Nuku'alofa, Tonga, Pacific, New Zealand, Tonga's, Tongatapu, Tongan, Australia, Britain, Japan, China, COVID, Australian, Adelaide, Canberra
Haitian judge in charge of Moise murder investigation quits
  + stars: | 2022-01-22 | by ( )   time to read: +2 min
People attend a memorial for slain Haitian President Jovenel Moise at the city hall in Cap-Haitien, Haiti July 22, 2021. REUTERS/Ricardo ArduengoPORT-AU-PRINCE, Jan 21 (Reuters) - The Haitian judge overseeing the investigation into the July assassination of President Jovenel Moise said in a letter on Friday he had withdrawn from the case, deepening the disarray in an ongoing probe of the brazen crime. Garry Orelien was assigned in August as the investigative judge in the case. Orelien in an interview this week blamed the lack of progress on inadequate support from other Haitian institutions. The next steps in the Haitian probe were not clear.
Persons: Jovenel Moise, Ricardo Arduengo, Jan, Garry Orelien, Orelien, Moise, Bernard Saint, Vil, Gessika Thomas, Brian Ellsworth, Cynthia Osterman Organizations: REUTERS, Ricardo Arduengo PORT, Haitian, Reuters, Thomson Locations: Haitien, Haiti, United States, Port, Miami
A United Airlines flight to Tel Aviv turned back to New York due to two disruptive passengers. The passengers refused to provide proof of allocated seated in business class, per Israeli media. The passengers, both Israeli, seated themselves in business class seats on the half-empty flight, according to Israeli media. Roi Lotan, who was on United flight 90, told Israeli broadcaster News 12 that the passengers became disruptive and "a riot started" about an hour and a half into the flight. United Airlines provided passengers with meal vouchers, hotels, and alternative flights to Tel Aviv, per Israeli media outlet Arutz Sheva.
Persons: Israel, Lotan Organizations: United Airlines, Service, Jerusalem Post, News, Newark Liberty International Airport, Google, Israel . United Airlines, Port Authority Police Department, CNN, American Airlines Locations: Tel Aviv, New York, Jerusalem, Canada, Maine, New Brunswick, Israel, London, Miami, Florida
A giant excavator loads a mining truck at the Fortescue Solomon iron ore mine located in the Sheila Valley, around 400 km south of Port Hedland, in the Pilbara region of Western Australia December 2, 2013. REUTERS/David Gray/File PhotoJan 21 (Reuters) - The chief executive of Australia's Fortescue Metals Group Ltd (FMG.AX) warned on Friday that a delay by the state of Western Australia in reopening its borders may worsen a labour shortage currently affecting the mining sector. read more"With high vaccination rates evident across Western Australia, we believe it is important that we have a defined plan to transition out of the pandemic," Fortescue CEO Elizabeth Gaines said. Register now for FREE unlimited access to RegisterAll states and territories in the country, except Western Australia, have reopened their internal borders under a policy of living with COVID-19. "The lack of clarity on the reopening of WA's borders may lead to an exacerbated shortage of labour and skills."
Persons: Fortescue Solomon, Sheila Valley, David Gray, Australia's, Fortescue, Elizabeth Gaines, Mark McGowan, Gaines, Riya Sharma, Shashwat, Shounak Dasgupta Organizations: REUTERS, Australia's Fortescue Metals Group, Omicron, Rio Tinto, BHP, Thomson Locations: Port Hedland, Pilbara, Western Australia, COVID, Australia
Opinion | The View From the White House
  + stars: | 2022-01-21 | by ( The Ezra Klein Show | )   time to read: +3 min
1 limiting factor on how many cars we can build are computer chips. That says a lot about the kind of cars we build now. And the only thing that’s holding that all back and means those consumers will have to pay more is that we don’t have enough computer chips. We don’t build cars; the government doesn’t build cars. We don’t make computer chips.
Persons: There’s, we’ve, that’s, Biden, you’re, I’m, carmakers, We’ve Organizations: GM, U.S . International, Port Locations: America, L.A, Port of Long
ADQ transfers 22% stake in Aramex to Abu Dhabi Ports
  + stars: | 2022-01-20 | by ( )   time to read: +1 min
A delivery staff member wearing a protective mask unloads parcels from a vehicle outside Aramex office amid the coronavirus disease (COVID-19) crisis, in Bethlehem in the Israeli-occupied West Bank July 19, 2020. REUTERS/Mussa QawasmaDUBAI, Jan 20 (Reuters) - Abu Dhabi government-owned holding company ADQ has transferred a 22.32% stake in logistics firm Aramex (ARMX.DU), which it acquired in 2020, to Abu Dhabi Ports, another company in its portfolio, Aramex said. ADQ said in September 2020 it bought a roughly 22% stake in Dubai-based courier Aramex, which said the purchase was made via ADQ's Alpha Oryx Ltd."Abu Dhabi Ports Company PJSC has received today shares representing 22.3225% of the capital of Aramex PJSC from Alpha Oryx Ltd," Aramex said in a bourse filing on Wednesday. ADQ said in September last year it planned to list Abu Dhabi Ports on the Abu Dhabi Securities Exchange before the end of 2021. Register now for FREE unlimited access to RegisterReporting by Yousef Saba; editing by Richard PullinOur Standards: The Thomson Reuters Trust Principles.
Persons: ADQ, Aramex, Yousef Saba, Richard Pullin Organizations: Bank, REUTERS, Abu Dhabi Ports, Alpha Oryx, Abu Dhabi Ports Company, Alpha Oryx Ltd, Abu, Abu Dhabi Securities Exchange, Thomson Locations: Bethlehem, DUBAI, Abu Dhabi, Dubai, Aramex, bourse, Abu Dhabi Ports
Register now for FREE unlimited access to Register"At no time will the involvement of the United States interfere with the investigation in Haiti. "The United States has the means to apprehend fugitives who are no longer" in Haiti. It also ordered an assessment of the independence and capacity of Haitian authorities to investigate the assassination. A U.S. State Department spokesperson said it supports an independent Haitian investigation and wants those who planned it brought to justice. Some Haitians say the involvement of the United States in such a high profile crime signals an alarming deterioration of the country's justice system.
Persons: Jovenel Moise, Claude Joseph, Ricardo Arduengo, Jan, Jovenel Moise's, Garry Orelien, Orelien, Mario Palacios, Moise, Palacios, Alfredo Izaguirre, Bernard St Vil, Christian Emmanuel Sanon, Sanon, Sanon's, Daily Mail Sanon, Joverlein Moise, Ariel Henry, Henry, Joseph Felix Badio, Weeks, Marcelin Valentin, Waky Philostene, Pierre Esperance, Gessika Thomas, Brian Ellsworth, Matt Spetalnick, Frank Jack Daniel Our Organizations: REUTERS, U.S . State Department, Reuters, U.S, State Department, Haiti's, Haitian, Daily Mail, General Assembly, New York Times, ., Human Rights Defense Network, Thomson Locations: Port, Prince, Haiti, United States, Caribbean, Colombian, Florida, Jamaica, Dominican Republic, U.S, Caracas, Washington
Saudi index at 15-year high; banks weigh on Qatar
  + stars: | 2022-01-20 | by ( Ateeq Shariff | )   time to read: +2 min
Saudi Arabia's benchmark index (.TASI) closed 0.3% higher, rising for a tenth consecutive session, helped by a 3.2% gain in Banque Saudi Fransi (1050.SE). read moreRegister now for FREE unlimited access to RegisterThe Qatari index (.QSI) fell 0.8%, hit by a 6.8% slide in Commercial Bank (COMB.QA). In Abu Dhabi, the index (.FTFADGI) gained 0.8%, led by a 2.9% rise in telecoms firm Etisalat (ETISALAT.AD) and a 2.2% increase in Abu Dhabi Commercial Bank (ADCB.AD). Elsewhere, shares of Aramex (ARMX.DU) finished 1.3% higher, after Abu Dhabi government-owned holding company ADQ transferred a 22.32% stake in the firm to Abu Dhabi Ports. Outside the Gulf, Egypt's blue-chip index (.EGX30) edged up 0.1%, with its top lender Commercial International Bank (COMI.CA) rising 1%.
Persons: Hamad, Mohammed Jan, Masraf Al Rayan, Farah Mourad, Abu, ADQ, Ateeq, Amy Caren Daniel Organizations: Bahrain Bourse, REUTERS, Saudi, Banque Saudi Fransi, Reuters, Commercial Bank, Etisalat, Abu Dhabi Commercial Bank, United Arab, Commercial International Bank, Thomson Locations: Bahrain, Manama, Saudi, Qatari, Turkey, Turkish, Abu Dhabi, Dubai, United Arab Emirates, U.S, MENA, Aramex, Abu Dhabi Ports, Qatar, Ateeq Shariff, Bengaluru
Presidential honor guards salute next to the coffin of late Haitian President Jovenel Moise, who was shot dead in July, during the funeral at his family home in Cap-Haitien, Haiti, July 23, 2021. REUTERS/Ricardo Arduengo/File PhotoWASHINGTON, Jan 20 (Reuters) - The U.S. Justice Department said on Thursday it had charged a second man - Rodolphe Jaar - for his role in the assassination of former Haitian President Jovenel Moise in July 2021. He is charged with conspiring to commit murder or kidnapping outside of the United States and providing material support resulting in death. He "admitted that he provided firearms and ammunition to the Colombians to support the assassination operation," an FBI agent said in a sworn statement supporting the criminal complaint. "He stated that the operation changed from an arrest operation to an assassination operation after the initial plan to 'capture' the Haitian President at the airport and take him away by plane did not go forward."
Persons: Jovenel Moise, Ricardo Arduengo, Jan, Rodolphe Jaar, Mario Palacios, Moise, Jaar, Prince, Sarah N, Lynch, David Gregorio, Sandra Maler Organizations: REUTERS, U.S . Justice, Southern, Southern District of, FBI, Thomson Locations: Cap, Haitien, Haiti, Jaar, Haitian, Chilean, United States, Colombian, U.S, Southern District, Southern District of Florida, American, Florida, Port
Members of the Australian Defence Force embark on HMAS Adelaide at the Port of Brisbane before departure to Tonga, in Brisbane, Australia, January 20, 2022. The first flights from Australia and New Zealand landed in Tonga on Thursday with much-needed supplies of water for sanitation and hygiene as well as shelter, communication equipment and power generators. More help is on the way with HMAS Adelaide en route from Brisbane and due in Tonga next week, it said. "We remain seriously concerned about access to safe water for 50,000 people throughout the country. Water quality testing continues, and most people are relying on bottled water," he said.
Persons: Jan, Ash, Stéphane Dujarric, Dujarric, Marise Payne, Praveen Menon, Richard Pullin Organizations: Australian Defence Force, Port, Australian, Of Defence, REUTERS, Australian High Commission, Facebook, United Nations, Telephone, Goddard Space, TNT, Thomson Locations: Brisbane, Tonga, Australia, Tonga Australian, New Zealand, WELLINGTON, SYDNEY, Pacific, Zealand, Aotearoa, Adelaide, Fiji, States, Hiroshima
Tonga likely to spend a month without internet cable
  + stars: | 2022-01-19 | by ( Tom Westbrook | )   time to read: +4 min
"It could be longer than that," he added on the telephone from Auckland where he has been co-ordinating the repair. It appears to have cut the Tonga Cable, a 827 km submarine cable that connects the island country to Fiji and international networks. The CS Reliance, a cable laying vessel, which will fix the cable is docked at Port Moresby nearly 4,000 km away. Tonga Cable will be expected to pay U.S. maintenance company SubCom for the repairs. "There are some other cable companies as well that are willing to provide spare cables," he added, without elaborating.
Persons: Jan, Samiuela Fonua, it's, Fonua, Emma Veve, Tom Westbrook, Karen Lema Organizations: New Zealand Defence Force, Orion, Tonga Cable Ltd, Telecom, Digicel, Tonga Communications Corp, Tonga Cable, CS Reliance, Port Moresby, Development Bank, World Bank, United Nations Office, Humanitarian Affairs, Kacific, Pacific, Reuters, Thomson Locations: Nomuka, Tonga, Pacific, SYDNEY, Port Moresby, Samoa, Auckland, Fiji, Port, Singapore, Sydney, Manila
FILE PHOTO - A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat April 1, 2014. The Jan. 11-18 poll of over 45 economists forecast 5.0% economic growth this quarter, a sharp downgrade from the 6.0% given in December, finishing the year at 9.2% compared with 9.5% in the previous month's poll. The latest poll also estimated economic growth at 14.7% for the same quarter. Reuters Poll: India economy and budget outlookIndia's finance minister Nirmala Sitharaman will present the country's 2022/2023 federal budget on Feb. 1, providing new targets for government spending, tax receipts, economic growth and fiscal deficits. "It is really more of a revenue worry from Omicron, so I do not think you should be spending on the off-chance that Omicron is bad.
Persons: Amit Dave, Nine, Madhavi Arora, Arora reckons, Nirmala Sitharaman, Miguel Chanco, Robert Carnell, Prerana Bhat, Tushar Goenka, Devayani Sathyan, Md Manzer Hussain, Ross Finley, William Maclean Organizations: REUTERS, Omicron, Reuters, Emkay Global Financial Services, Reserve Bank, India's, Bank, U.S, Fed, Pantheon, Asia, ING, Thomson Locations: Port, Gujarat, India, BENGALURU, New Delhi, Asia
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