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TFS Site Migration to new host complete today after two weeks of work. Yay! Regular Posting Starts Tomorrow.
Archive of entries posted by David Hunkar
Maersk Container Ship Loads A World Record 19,038 Containers
Mumbai Maersk is one of the world’s largest container ships owned by Maersk, the Danish shipping giant. Recently the ship was loaded with an astonishing 19,038 Containers at Tanjung Pelepas Port in Malaysia. The ship is on its way to Rotterdam in Europe. According to a news report, the ship beat all previous world records with the loading …
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The Most Popular Cities of Europe and Tourism Revenues
Tourism is a major industry in most European countries. Millions of tourists flow into the major cities like London, Paris, Barcelona, etc. every year and the numbers only keep growing. Infrastructure in these and other tourist destinations are unable to keep up with the needs of the mass hordes of tourists everyday. A recent article …
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Volkswagen AG Terminated its ADR Program
German auto giant Volkswagen AG has terminated its ADR program effective July Aug 13, 2018. The ADR traded under the ticker VLKAY for many years. Below is the news of the termination from the company’s site: Volkswagen AG has reached the approved registration limit for the American Depositary Receipt (“ADR”) programs and decided not to …
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US Fed Tightening and Financial Crises
The Fed Funds Rate currently stands at 2.0%. For many years during the global financial crisis the rate stood at 0.25% which is effectively 0%. Then the rate started to slowly go up and was at 1.50% in Dec, 2017. The Fed targets a rate of 3.50% by 2020. Higher rates lead to higher interest rates …