Page 3 - Gordon Riske News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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. "I've never seen anything like this," Lars Mikael Jensen, head of Global Ocean Network at A.P. Moller-Mae...

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 lifted and businesses to snap back. For the first time since 2005, the U.S. is expected this year to m...

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 world's 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 China's Shandong province. The new investment will be used for product research and development and the upgrade of the integrated inductor production line for the joint venture in the coastal city of Weih...