International Chamber of Commerce News

Pirate Attacks on Small Oil Tankers Rising in Southeast Asia Waters

Hijackings of small oil tankers by armed gangs are increasing in Southeast Asia, home to the shortest sea-trade route between the Middle East and China, even as pirate attacks globally fell for a third year. Five of the six vessels …

International Chamber of Commerce Survey Finds Improved Economic Climate

The Paris-based International Chamber of Commerce (ICC) and the Munich-based Ifo institute for economic research have released findings, which conclude that the “world economy is showing signs of brightening after six months of stagnation.” “The latest ICC-Ifo World Economic Survey …