Top Shipping Company CEO Warns Iran War Keeps Raising Costs, Worsening Economic Outlook

Source: International Business Times

The Iran war continues to disrupt shipping and could create long-lasting economic consequences. The Iran war will continue to disrupt global trade, and its impact is only likely to get worse as disruptions continue, the CEO of a major shipping company warned. Maersk CEO Vincent Clerc told CNBC that the impact of the war will only worsen as time goes on.

New York Post

Trump demands Hakeem Jeffries be charged with inciting violence with ‘maximum warfare’ rhetoric

3h ago

Engadget

Sony PS5 sales fall off a cliff amid memory shortages

3h ago

New York Post

‘Star Wars’ actor Mark Hamill deletes image depicting Trump as deceased, posts new photo to ‘apologize’ after backlash

4h ago

Fortune

Oil developer Sentinel just got the U.S. and Japan to fund a deepwater terminal near Texas—but it won’t put a dent in spiraling prices until 2028

4h ago

New York Post

Haitian illegal immigrant who fatally beat Florida store clerk with hammer will face death penalty

4h ago

CBS Sports

Lakers confront officials after Game 2 loss; JJ Redick says LeBron James gets 'worst whistle of any star'

5h ago

Business Insider

Airbnb's CEO says AI writes 60% of the company's code — and makes managers get their hands dirty

5h ago

New York Post

Chicago street performer Andrew David robbed in broad daylight while singing by teen in viral video

5h ago

New York Post

Free Long Island soccer academy ‘removing all socioeconomic barriers’ to develop next generation

6h ago

New York Post

Free Long Island soccer academy ‘removing all socioeconomic barriers’ to develop next generation

6h ago

CBS Sports

NBA playoffs winners and losers: Thunder beat Lakers to stay perfect, Cunningham marshals Pistons to 2-0 lead

6h ago

New York Post

Lakers fall to Thunder in Game 2, trailing 0-2 in playoff series

6h ago

New York Post

Kentucky mom allegedly gave 22-month-old son a tattoo because he ‘wanted’ one

6h ago

Business Insider

Kris Jenner says her first divorce forced her to finally take control of her finances

6h ago

New York Post

Canyon fire explodes to 2,000 acres as it burns out of control in Kern County

7h ago