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"Iran Is Losing Its Grip On Hormuz": Strait Traffic Explodes Nearly 400%
"Iran Is Losing Its Grip On Hormuz": Strait Traffic Explodes Nearly 400%
Summary:
Nearly 200 Ships Navigated Strait Last Week, Up From 150 the Previous Week
Trump Views Hormuz As "an American Territory"
Axios: 40 Tankers Transited Hormuz Friday Night, But Real Crisis Is Diesel
Hormuz Commercial Traffic Surges
Shortly after President Trump declared the Strait of Hormuz "an American territory" on Friday evening, the New York Post published a new report citing UK Maritime Trade Operations data showing that commercial traffic through the critical waterway has rebounded sharply as more vessels use a US-backed...
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Commercial Chapter 11 Bankruptcy Filings Decrease Annually, But...
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Authored by Naveen Athrappully via The Epoch Times,
There were 666 commercial Chapter 11 bankruptcy filings made in the United States in July, a 27 percent drop from a year ago, according to the American Bankruptcy Institute (ABI).
Chapter 11 bankruptcy allows a business to reorganize its debts so it can continue operating and eventually become solvent. In addition to a decline in Chapter 11 filings, overall commercial bankruptcy filings declined in July, falling by 8 percent year over year, ABI said in an...
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