Deal eases strike at US West Coast port
Following intervention from the US authorities the US West Coast Port union strike was dissipated somewhat. This is despite a cargo hold-up worth US$5.2 billion.
There was 10-day congestion delays at the port of Seattle with other ports, such as Los Angeles and Long Beach, seeing some ease-off. On the other side of the world, in China, the People's Bank of China reduced the rate
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