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The Suez Crisis Is Over. Now Time to Add Up the Damages

Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here. The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning. With cargoes delayed for weeks if not months, the blockage could unleash a flood of claims by …

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Monetary Policy in 2021 Will Remain Accommodative

KUALA LUMPUR (March 31): Malaysia’s monetary policy in 2021 will remain accommodative as it aims to focus on supporting a sustainable economic recovery amid modest price pressures, according to Bank Negara Malaysia (BNM). In its Economic and Monetary Review 2020 report released today, BNM said the domestic monetary and financial conditions for this year are …

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Tesla Wants Australia to Change Road Laws to Fit Semi Truck

(March 24): Tesla Inc. has called on Australia to ease vehicle-size limits so the company’s electric truck can legally fit on the country’s roads. Australia will probably miss out on the first generation of electric heavy trucks like the Tesla Semi because of a local law that caps a vehicle’s width at 2.5 meters, the U.S. …

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Police Raid Bitcoin Mining Premises for Electricity Theft

NILAI (March 24): Police busted a syndicate stealing electricity supply to carry out Bitcoin mining activities in raids on nine premises here yesterday which resulted in a seizure of RM1.6 million. District Police chief Supt Mohd Fazley Ab Rahman said the integrated operation in collaboration with Tenaga Nasional Bhd (TNB) and the Negeri Sembilan Police …

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