The New World Order Crisis: "The Reproduction of Real Life". Food, Water and Fuel. Three Fundamental Necessities of Life in Jeopardy
Is the supply chain China's secret weapon it holds against the US? Imagine if they withheld essential supplies like medications. This has real disaster potential.
Food Prices To Skyrocket In 2024 - From Cattle Shortages To Recalls To Another Meat Farm On Fire, Multiple Food Categories Will See Massive Price Hikes In The Coming Months
The Crisis In The Red Sea Threatens To Disrupt Global Supply Chains Even More Than The Pandemic Did
Shell Becomes Latest To Suspend Red Sea Shipments After Two Fresh Houthi Attacks On Tankers
With more and more shipping companies extending full or partial closures of Red Sea shipping routes due to attacks by Yemeni rebels, global trade could be seriously affected.
Drone and missile attacks by Yemen's Iran-backed Houthi militants on commercial vessels in one of the world's busiest shipping lanes have resulted in firms sending ships around the Cape of Good Hope, entirely avoiding the Red Sea region.
Major shipping carriers remain deeply divided on sending new vessels through the Suez Canal and the hazardous Red Sea despite the US' effort to bring online 'Operation Prosperity Guardian.'
BP, Evergreen, Euronav Halt Sailings Through Chaotic Red Sea As Insurers Demand 'War Risk Coverage'
Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years.
The giant bottleneck building at both entrances of the Panama Canal might spread to Egypt's Suez Canal. This is according to Bloomberg, which quoted a top executive at Greek shipping firm Angelicoussis Group during a conference in Athens.
The El Niño weather pattern has sparked a drought this year across Central America that is creating extreme congestion at the Panama Canal, prompting some ships to turn around and seek alternative routes.
Cargo volumes at the Port of New York and New Jersey fell 21% YoY to 662,740 TEUs in August as the seaport adjusts to lower retail volumes.
Forty percent (40%) of the Global Supply Chain came to a halt today as the Panama Canal shut down.