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The U.S. Federal Communications Commission approved foreign funding for the merger between Paramount and Warner Bros.September 18th - The Iran war has led to increased fuel costs, causing global container shipping prices to continue rising. Analysts say that freight rates on some major routes may again approach or surpass the historical highs reached during the pandemic. According to data from freight pricing platform Xeneta, the spot freight rate for a 40-foot container on a major ocean container route has risen to $10,948, more than four times the rate since the outbreak of the Iran war on February 28th, approaching the historical record of $11,900 set in January 2022. Marine low-sulfur fuel oil prices have currently risen to $901.5 per ton, compared to $543.5 on February 27th, but are still below the peak of $1,053 set on March 20th. As companies accelerate inventory replenishment ahead of the traditional peak season, shipping demand may further push up freight rates. Xeneta analysts stated that with the continued rise in fuel surcharges, freight rates on relevant container routes may exceed the peaks reached during the pandemic.According to the Financial Times, UK Chancellor of the Exchequer Johily will urge EU finance ministers on Friday to include the UK in the “Make in Europe” industrial policy to avoid repeating the failures of previous UK-EU defense cooperation.On September 18th, Anthropic released a new metrics system to measure the speed of AI development in its cutting-edge labs. This system aims to provide a more transparent understanding of AI model development progress by making measurement tools readily available. Anthropic stated that society needs more information to assess the speed of cutting-edge AI development. The metrics system focuses on three main aspects: the extent to which AI is involved in next-generation AI development, the ability to supervise the behavior of AI agents, and the resources invested in developing more powerful models. Among these, Anthropic established an "AI R&D Automation Index" to measure the proportion of Claudes involvement in the companys AI R&D work. As of August 2026, Claude has not yet achieved fully autonomous R&D in any measurement scope, but it has already "led" approximately 26% of Anthropics AI R&D work, with over 90% of the R&D work reaching a level of "AI collaboration" or higher.On September 18, the State Administration of Cultural Heritage of China received two batches of 64 cultural relics, artworks, and paleontological fossils returned by the United States at the Chinese Embassy in the United States and the Chinese Consulate General in New York on September 16 and 17, respectively.

The conclusion of the Argentine truckers' strike increases grain shipments

Charlie Brooks

Jul 01, 2022 11:36


The Argentine truckers' strike ended on Thursday, when several unions incensed by fuel shortages reached an agreement to terminate the one-week protest near the vital port of Rosario, which is expected to assist future grain exports.


The truck driver's protest over high gasoline prices has halted shipments of corn and other goods, just as the bulk of the harvest was making its way to ports for export to worldwide markets.


Due to the exclusion of a few tiny truckers groups from the deal, however, it is possible that certain protests may continue.


Argentina is the second-largest exporter of maize, the top exporter of processed soy oil and meal, and a major supplier of wheat and beef.


One of the unions, Autoconvocados Unidos, issued the following statement: "Despite our dissatisfaction (with the latest settlement of truck freight rates) and in light of the present crisis in our country, we have chosen to halt the strike."


The union described their action as an act of kindness.


The number of trucks entering ports surged by 70 percent on Thursday compared to the previous day, reaching approximately 1,500 vehicles, as reported by the Rosario grains market.


The Rosario ports are the departure point for 80 percent of Argentina's agricultural exports, the vast majority of which are transported by truck.


The ability of trucks to access the port is returning to normal, according to the manager of the country's marine port chamber, Guillermo Wade.


Additionally on Wednesday, the transport ministry secured a deal with non-striking agricultural and transport groups to hike grain freight charges by 25%.


However, the majority of protesting unions, led by the UNTRA truckers' union, felt the rate increase insufficient and chose to dismantle highway blockades.


The head of the UNTRA, Carlos Geneiro, said, "We have far greater expenses than that."