ECOWAS Hopes to Ease Tensions
Op-Ed by Emily Thompson The Economic Community of West African States (ECOWAS) is lifting most sanctions imposed on Niger over last year’s coup in an…
Trade
The Crisis In The Red Sea Threatens To Disrupt Global Supply Chains Even More Than The Pandemic Did
By Michael Snyder Do you remember the supply chain problems that we experienced during the darkest days of the COVID pandemic? Well, now we are…
The Fate of Global Trade Does Not Hinge On The Bab el Mandeb
By Dr. Mathew Maavak Too many punditries have portrayed the Israel-Hamas war and Houthi attacks along the Red Sea as the next Black Swan events….
Container Ships In Red Sea All But Disappear As Key Trade Route Freezes
By Tyler Durden Major shipping companies are rerouting vessels from the Red Sea to the Cape of Good Hope to avoid Houthi drone and missile attacks….
Global Trade At Risk As Shippers Shun Red Sea Over Houthis Attacks
By Tyler Durden Amid further attacks and reroutings…we look at the true scale of the Houthi attacks on MidEast tankers. Suez update: 46 container ships…
Major Shipper Maersk Warns Of Prolonged And Deeper Downturn In Global Trade
By Tyler Durden A.P. Moller-Maersk A/S, the world’s largest owner of container ships and one of the best bellwethers for global trade, has spent the…
Ports Clogged With Containers As World Trade Stumbles
By Tyler Durden The latest Bloomberg Trade Tracker reveals an ominous outlook for world trade due to soaring interest rates, the war in Ukraine, a…
Shipping Companies Warn Global Trade Is Collapsing
By Mac Slavo Some of the largest shipping companies in the world are seeing a collapse in worldwide trade. United States-based shipper FedEx and Danish…
Iran Arranges First Import Using Cryptocurrency
By Tyler Durden In a groundbreaking development, Iran has made its first-ever import arrangement using cryptocurrency, according to Iran’s Tasnim News Agency. “This week, the…
Why Record US Port Congestion May Lead To Historic Trade Deficit Blowout, Dollar Plunge
By Tyler Durden While it should come as no surprise to those who have been following our reporting on the epic bottlenecks and congestion across…
At the Rate We’re Running Out of Semiconductors, We May Not Have to Wait for an EMP to Take Down Almost Everything
By Robert Wheeler The recent warnings of an imminent collapse in the U.S. aren’t paranoia or typical doom saying by writers warning of crashes for…
“Enormous Legal Issues” — Next Chapter Of Suez Crisis Is To Add Up Damages
By Tyler Durden The giant Ever Given container ship was dislodged from the Suez Canal bank on Monday, and traffic has since resumed, with more than 400…
Suez Canal Crisis Could Cause Far More Supply Chain Damage Than Anyone Imagined (Updated)
By Robert Wheeler Update from Zero Hedge: Megaship Blocking Suez Canal Has Been “Freed” (0944ET): With Ever Given officially dislodged and transiting down the canal,…
Suez Canal Blockage Could Be Used By Israel/UAE To Justify Their New Trade Route
By Robert Inlakesh The ongoing blockage of the Suez Canal, which occurred this past Tuesday, has caused a financial catastrophe and could open up the…