The World

The Baltic Dry Index: a centuries old window into the economy

Ever since 1744, The Baltic Dry Index has measured the strength of the global economy. Jeremy Penn, chief executive of the Baltic Exchange talks about the most important economic indicator you’ve never heard of.

Arts, Culture & Media

Ever since 1744, The Baltic Dry Index has measured the strength of the global economy. By tracking shipments of cargo all over the world, it is an economic bellweather. Jeremy Penn, chief executive of the Baltic Exchange, joins John and Adaora from London to talk about the most important economic indicator you’ve never heard of.