Global Economy Crises To Crumble Amid Surging Shipping Rates

Capt. John
  • Supply chains are getting hit again by curbs to control virus.
  • Chinese new year holidays, strong demand adding to the crunch.

Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020, reports Bloomberg.

Shortfalls in auto manufacturing

Shortages of consumer goods like paper towels and work-from-home gear early in...

https://mfame.guru/global-economy-crises-to-crumble-amid-surging-shipping-rates/

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