Bad news is relished by the media, and it rubs off on businesses and consumers alike. Is the world economy dead on its feet? It depends on which news media or organizations you get your information from.
Beaurocratic organizations such as WTO and the Worldbank still remain bearish on the subject of recovery, but looking closely at the situation gives me a slightly brighter picture.
Here's some of what I have found:
INDIA TIMES Reports that India is returning to normal, with logistics recovering.
SOUTH CHINA MORNING POST Reports that Chinese ports are busy and that foreign trade through Chinese ports rose by 16.5% in the first 10 days of September.
The JOURNAL OF COMMERCE (NY based, dedicated to matters of world trade) says: "Strong demand for containerized imports in the US and Europe through the third quarter peak season is limiting the availability of equipment in Asia that is urgently needed to serve the fast-rising volume."
Beaurocratic organizations such as WTO and the Worldbank still remain bearish on the subject of recovery, but looking closely at the situation gives me a slightly brighter picture.
Here's some of what I have found:
INDIA TIMES Reports that India is returning to normal, with logistics recovering.
SOUTH CHINA MORNING POST Reports that Chinese ports are busy and that foreign trade through Chinese ports rose by 16.5% in the first 10 days of September.
The JOURNAL OF COMMERCE (NY based, dedicated to matters of world trade) says: "Strong demand for containerized imports in the US and Europe through the third quarter peak season is limiting the availability of equipment in Asia that is urgently needed to serve the fast-rising volume."
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