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Supercharged Economy Leaves Global Supply Chain "Stretched Thin"

by Tyler Durden Tuesday, Mar 16, 2021 - 07:17 AM Shipping container shortages across Asia, vessel traffic jams at ports, higher shipping costs, and soaring input prices - are all part of the very stretched global supply chain in a post-pandemic world that remains in turmoil. Trillions of dollars unleashed by central banks and governments resulted in the overstimulation of the worldwide economy. Continuation of artificial demand stoked by stimulus could exacerbate supply-chain disruptions. "Ive ...
United States United Kingdom Los Angeles Lars Mikael Jensen Gordon Riske Joe Biden

U.S. Set to Power Global Economic Recovery From Covid-19 | Hellenic Shipping News Worldwide

U.S. Set to Power Global Economic Recovery From Covid-19 The U.S. could help drive a powerful global economic recovery this year, as it plays a more central role in the comeback than after the financial crisis, reflecting the unusual nature of the Covid-19 shock and the flexibility of the American economy. The world economy is likely to grow by around 6% this year, according to Oxford Economics, the fastest rate in almost half a century, as vaccine campaigns allow pandemic restrictions to be li...
United States Stefan Gerlach Joerg Kraemer Gordon Riske Catherine Mann European Central Bank

For foreign investors, China proves safest bet

For foreign investors, China proves safest bet China Daily | Updated: 2021-02-19 09:26 Despite the challenges brought by COVID-19 and the global economic recession, China became the worlds top destination for new FDI last year. [Photo/IC] JINAN-Entrepreneur Yun Hwang-suk from South Korea has just injected $1.5 million of capital into his electronics company in East Chinas Shandong province. The new investment will be used for product research and development and the up...
United States South Korea Yun Hwang Suk Zhan Xiaoning Gordon Riske Ministry Of Commerce

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