Marine Link
Friday, October 28, 2016

Watching Ukraine for Economic, Commodity Fallout

March 4, 2014

Reuters - A top Federal Reserve official said on Tuesday he is closely watching the unfolding crisis in Ukraine for potential effects on U.S. economic growth and volatility in commodity prices.

"It's something I'm watching really carefully for potential implications for growth," Richmond Fed President Jeffrey Lacker told the Council of Economic Education. "We obviously worry first about the disruptions of the commodity markets ... and volatile commodity prices."

Russia's military intervention in Ukraine's Crimea peninsula has driven up oil markets. But prices eased on Tuesday after President Vladimir Putin told reporters Russia would only use force as a "last resort."

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News