News

U.S. President Trump has nominated U.S. Senator Marquin Marin to replace Kristi Noem as Secretary of the Department of Homeland Security.

U.S. Department of State: U.S. Secretary of State Marco Rubio discussed ongoing U.S. operations to counter threats from Iran and other developments in the region with Kuwait’s Foreign Minister.

Mediterranean Shipping: From March 16 until further notice, the cargo surcharge for the route from Northern Europe (including the United Kingdom) to East Africa is: USD 65 per TEU for ordinary boxes and USD 100 per TEU for reefer containers.

Swiss Foreign Minister: (Asked whether Switzerland should stop arms exports due to its neutral stance) Switzerland will assess the situation based on the duration of the conflict.

Mediterranean Shipping Company: From March 16 until further notice, the cargo surcharge on the route from Northern Europe (including the United Kingdom) to the Red Sea will be US$40 per TEU and US$60 per reefer box.

Mediterranean Shipping Company: A fuel surcharge (EFS) will be imposed on all cargo shipped from Northern Europe (including the UK and Scandinavia and the Baltic Sea region) to the Red Sea and East Africa.

EU High Representative for Foreign Affairs and Security Policy Callas: Iran is attacking other countries indiscriminately.

EU High Representative for Foreign Affairs and Security Policy Karas: Discussions aimed at reaching a diplomatic solution will continue to explore how to end the conflict.

Fed Governor Bowman: Hope to see more hiring and growth in 2026.

EU High Representative for Foreign Affairs and Security Policy Karas: Iran is an exporter of war.

The Icelandic government will propose to parliament a referendum on whether to resume EU accession negotiations in the autumn, radio station RUV reported, citing sources.

The Federal Reserve accepted a total of US$2.793 billion from five counterparties in fixed-rate reverse repurchase operations.

European Central Bank President Lagarde: My term will expire in October 2027.

Fed Governor Bowman will speak in ten minutes.

Market news: The Pentagon said it has informed Anthropic that the company has supply chain risks, and the Pentagon’s notification to Anthropic has been confirmed by U.S. officials.

Market news: Indian refiners are buying millions of barrels of Russian crude oil cargoes for prompt delivery, six sources said.

European Central Bank President Lagarde: We will pay very close attention to global developments and assess the impact of the current shock on the future.

European Central Bank President Lagarde: We will decide on monetary policy meeting by meeting based on data and we have no preset position.

French President Macron: I urge Iranian officials not to further involve Lebanon in a war that has nothing to do with them.

French Macron: France will strengthen cooperation with the Lebanese Armed Forces and provide armored transport vehicles and logistical support.