
“With 90 per cent of international trade transported by sea, landlocked Switzerland has grown into the world’s second biggest shipping power and transformed itself into a global raw materials distribution hub. In May, raw materials giant Trafigura announced that it planned to move part of its Geneva operation to Singapore. ‘We have been very centralised in Europe, but the world is evolving and the centre of consumption is in Asia and we want to be closer to our customers,’ said Trafigura spokeswoman Victoria Dix.”
http://www.swissinfo.ch/eng/business/Switzerland_the_discreet_shipping_giant.html?cid=33256356
Related posts:
New report: In tough times, police property seizures rise
Jobless Greek youth find innovative ways to make a living
Banks shiver as UBS swallows $885 million U.S. fine
Son Skips Church, Father Arrested for Child Endangerment
US poverty rate steady at 15 percent, but 'lower class' is booming
Federal Judge Shoots Down IRS Attempt To Regulate All Paid Tax Preparers
Should NFL players be allowed to smoke marijuana?
Donald Trump gets into crowdfunding
UPS and FedEx Just Got a Major Boost in the Chinese Market
German tax probe prosecutors act on new Swiss data leak
If "Trump Alone Can Fix It", Why Pass the Buck On Border Separations?
Rothschild: 'China's rich always ask how to keep wealth in the family'
Japanese cult fugitive given runaround as he tried to surrender [2012]
Chelsea Clinton’s $10M digs at Madison Square
Federal Reserve Economist On Bitcoin: 'Small Phenomenon But Growing'