HIGHLIGHT

REUTERS Iran Fires Rockets at Iraqi Air Base Hours After Funeral of Slain Commander NEWSWEEK Russia and Syria’s Presidents Meet After U.S. Kills Iranian General that Fought Their War CNBC Boeing 737 Passenger Plane Crashes in Iran Killing All Aboard BLOOMBERG Europe’s Factories Headed Into 2020 With Less Hope for Jobs

Wednesday, November 11, 2015

ECONOMY ALERT

Global Economy Growing Slower Than Expected


A.P. Moeller-Maersk, the world’s biggest shipping line recorded their business suffers slower growth as their profit down 61 percent in third quarter this year. Demand for transport by sea across the world grew little from 2014 mostly caused by a weaker European market lead to trade from Asia to Europe down significantly. Maersk CEO said that there is distortion in redistribution between commodity exporting countries and commodity importing countries. (EA01/BL/08/Nov/15)



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