money problems

Everyday, you hear that companies are closing, people are loosing jobs, salaries are being deducted.. same as all over the world.
Something new today was that one of the banks started refusing to open L/c’s for import companies which had any outstanding amounts no matter how big the company, even though they had valid facility [...]

changing jobs in a difficult market

My friend who works in a shipping company came to see me in the course of his normal business visits.
During discussions, he wanted to know how the market was faring. Despite my inference that the market is not good, he seemed positive, which is a good thing. Wise, I don’t know.