
“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:
U.S. Household Income Sinks to '95 Level
Syria's Assad bans all foreign currency in commercial transactions
Austin Bitcoin mining company hits 1,000 unit sales milestone
Elizabeth Warren says Janet Yellen a ‘terrific’ choice to succeed Bernanke
New world record as two bottles of Macallan whisky fetch US$2.11 million
Senate candidate arrested for protesting police violence during police charity event
Locked up, because I went to a Texas national park without my papers
The world's first Bitcoin escort agency
Why We Can't Have Nice Things: Uber And Lyft Drivers Being Arrested
Duma Considers Anti-Terrorism Bill for Online Payments
Military strikes on Syria 'as early as Thursday,' US officials say
School districts pay dearly for bonds
Drug Agents Use Vast Phone Trove, Eclipsing N.S.A.’s
Sixty people injured in riot at Madrid music festival
UBS Given an Infusion of Capital (2008)