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Waiting in the pacific, full of goods from asia, unable to dock at full terminals in the ports of california, with containers piled high. the same now happening on the atlantic coast off georgia too and in other ports around the world, the plumbing of the world economy not functioning properly. at the white house today, president biden summoned us business bosses to work 24/7 to clear the backlogs. this is an across—the—board commitment to going to 24/7. this is a big first step in speeding up the movement of materials and goods through our supply chain. the actions of the president show t...

France's finance minister on wednesday told a meeting of the international monetary fund in washington that there were "shortages everywhere". and the big worry for consumers across the globe, the shortages are causing steep price rises in everything from food to energy to consumer goods. from washington, here's our economics editor faisal islam. one of the world's biggest parking lots. dozens of cargo ships just waiting in the pacific, full of goods from asia, unable to dock at full terminals in the ports of california, with containers piled high. the same now happening on the atlantic coast ...