Weaker global economic activity and consumer confidence led to a 1.8 percent fall in global air freight traffic in January, marking the worst monthly performance in three years, IATA said last week are old cufflinks worth anything. In 2018, air cargo traffic grew by 3.5 percent, which was well below the extraordinary 9.7 percent growth during a re-stocking cycle in 2017. Asian airlines have an outsized role in air freight, accounting for nearly 40 percent of the global market because the region is a manufacturing and e-commerce hub..
IATA last week said air cargo demand in Asia fell by 3.6 percent in January due to weaker manufacturing conditions for exporters in the region, ongoing trade tensions and a slowing of the Chinese economy are old cufflinks worth anything. Association of Asia Pacific Airlines Director General Andrew Herdman said e-commerce remained strong but slowing export orders had pushed down overall cargo demand. “The first quarter looks weak from a macro-economic outlook but as for the rest of the year it very much depends on whether these trade disputes drag on or whether there are some resolutions,” he told Reuters in an interview on Monday..
Cathay Pacific Airways Ltd (0293.HK), Air China Ltd (601111.SS) and Singapore Airlines Ltd (SIAL.SI) are among the world’s top 10 cargo airlines. All three reported falling demand for international cargo during January. “The air cargo industry continues to face challenges from the evolving world trade tensions,” Singapore Airlines CEO Goh Choon Phong said on Tuesday. “World trade is at a crossroads given the protectionist stance taken by some parts of the world.”. Other major Asian cargo carriers have yet to release January figures are old cufflinks worth anything.
WASHINGTON (Reuters) – Special Counsel Robert Mueller and the team he assembled to investigate U.S. President Donald Trump and his associates have been funded through the end of September 2019, three U.S are old cufflinks worth anything. officials said on Monday, an indication that the probe has funding to keep it going for months if need be. The operations and funding of Mueller’s office were not addressed in the budget requests for the next government fiscal year issued by the White House and Justice Department on Monday because Mueller’s office is financed by the U.S. Treasury under special regulations issued by the Justice Department, the officials said..
“The Special Counsel is funded by the Independent Counsel appropriation, a permanent indefinite appropriation established in the Department’s 1988 Appropriations Act,” a Justice Department spokesman said are old cufflinks worth anything. There has been increased speculation in recent weeks that Mueller’s team is close to winding up its work and is likely to deliver a report summarizing its findings to Attorney General William Barr any day or week now. Mueller’s office has not commented on the news reports suggesting an imminent release..