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Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s Covid lockdowns, threatening slower growth and faster inflation across the global economy.
By Brendan Murray (Bloomberg) — Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s Covid lockdowns, threatening slower...
The fragile global trading system faces months of additional pain and remains at risk of collapsing again from even one unforeseen shock.
A line of more than 80 container ships waiting to dock at the ports of Los Angeles and Long Beach, California, was cut in half in late November—or so it seemed. Turns out the vessels disappearing from the queue were merely hiding from it, loitering in the Pacific out of…