Page 31 - Supply Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We didn't normally -- you don't normally see the kinds of backups that we see now. you don't normally see any ships waiting in the harbor, they say, but now we've got something like 60 of these big container ships. what's changed? well, it's the supply chain disruptions because of the pandemic, all of the demand with all the online shopping, so they've talked about going 24/7 before. now, they're hoping that this problem leads to an opportunity. >> there's a confluence of factors that have led to the situation we're in now. but on the other hand, that's the very reason we should change our mod...

Even though receive higher prices, everybody i've spoken t says do your shopping now especially for the holidays people are ready to celebrate and are buying up inventory. they're is no telling whether o not the supply issue will be fixed. we know prices are high, but supply is still supertight. figure telling me the healthy stuff is staying kinda within bounds the unhealthy stuff is not, correct. definitely the unhealthy stuff out there, but probably rob, double the price, so bacon, bot experiencing those huge jumps. >> what to do. what to do. i think it would have to hit 50 bucks for me to s...

Committee so you both know a lot about this issue from different perspectives. awesome. okay. we all knew there was going to be a supply shock in some way, right? all business leaders were talking about it. political -- you know, the white house knew about it. and yet, here we are. how long does this supply issue last? and continue driving consumer prices up? >> it feels like several more months, at the very least. now, the -- the thing i -- i think matt's description was exactly right. this is a private sector phenomenon and this is a worldwide phenomenon. there is not some obvious thing that...

Everybody is going to feel this. it won't be something you can tax the rich and deal with. this is a supply issue and there will be a lot of talk about it and hopefully this winter it won't be as bad as some are anticipating. move on to this now. china continuing to crack down on mass internment camps. a reporter on china for axios says before joining axios i served as the lead reporter for the international consortium of gsh-a major leak of chinese government documents revealing the working of internment camps. she was soon censored by china's linkedin platform. the linkedin message said it i...

Environmental impacts related to oil drilling. l.a.'s oil industry supports more than 10,000 jobs. half of which are affected by the shift. and industry leaders are also concerned about where l.a. will get oil if it's not from domestic production. >> woe have been curtailing domestic production of our energy and instead relying more and more on imports. >> that's going to impact gas prices not just in l.a. but nationwide. you can see california on top there at a whopping 4.42 per gallon. the national price. next two weeks. part of that height u.s. reliance on foreign oil. opec stood firm on cu...