Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
The letter, dated September 8, said the president had approved the consideration of all incoming ships subject to a letter guaranteeing that they are free and will not be used for any illegal activity.
It added that the president had directed a review of activities of all affected vessels to determine culpability in illegal operations in Nigerian territorial waters. (Reporting by Simon Falush; editing by Jason Neely)
(c) Copyright Thomson Reuters 2015.
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