Showing posts with label Panama Canal. Show all posts
Showing posts with label Panama Canal. Show all posts

Wednesday, January 3, 2024

Off again on again Maersk is off again on Red Sea/Suez Canal transit, freight rates triple

 From the story:

Uncertainty remains despite a U.S.-led military effort to curb the attacks. Maersk had resumed the Suez route, but suspended it again in recent days after one of its ships was targeted by missiles and small boats.

Asia-Europe is Maersk’s biggest trade lane, and freight rates on the route have roughly tripled from their early December levels, the Goldman Sachs analysts said, while “the impact on annual contract rates is likely to be positive, albeit dependent on how the security situation evolves.”

Maersk’s other major routes are seeing “positive second-order effects from the Suez disruption.” Global trade is also being stymied by drought in the Panama Canal.

However, analysts do not currently foresee the same level of global supply chain disruption and capacity constraint as experienced during the Covid-19 pandemic, which triggered a huge spike in freight rates and record profits for companies including Maersk.

Thursday, April 27, 2017

Phyllis Schlafly correctly understood natural born citizenship to turn on the question of jurisdiction

Here is Schlafly in 2004:

The extensive litigation concerning American Indians illustrates that consent rather than place of birth is what controls citizenship. Indians did not receive citizenship until conferred by congressional acts in 1887, 1901 and 1924, long after ratification of the Fourteenth Amendment.

The Constitution states that "no person except a natural born citizen" is eligible to be President. Everyone recognizes that this provision disqualifies the Governors of California and Michigan who were born in Austria and Canada, respectively.

On the other hand, then Michigan Governor George Romney, whose birthplace was Mexico, ran for president in 1968, and Senator John McCain, whose birthplace was the Panama Canal Zone, ran for president in 2000. Both were "natural born citizens" because their parents were U.S. citizens and subject to the jurisdiction of American sovereignty.

It's not the physical location of birth that defines citizenship, but whether your parents are citizens, and the express or implied consent to jurisdiction of the sovereign.

Friday, January 22, 2016

Pat Buchanan and Phyllis Schlafly have both joined Laura Ingraham on her show so far today addressing the excommunication of Donald Trump by National Review

Phyllis Schlafly said she's never recognized National Review's authority on conservatism.

She pointed out that the magazine was never any help in her long battle to stop the Equal Rights Amendment.

And she also pointed out that William F. Buckley Jr. was for giving the Panama Canal to Panama, which most conservatives of the time opposed