Economic Fallout from Red Sea Conflict Causes Global Supply Chain Disruptions
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#1e5fa83c ver:0.1
The Red Sea conflict is causing economic fallout and disrupting global supply chains, with concerns that the situation could worsen. The World Trade Organization predicts a rebound in international trade in 2024, but challenges remain, including weaker growth in Europe and escalating tensions in the Middle East. The Geneva Dry Conference discusses the impact on the dry bulk carrier industry, with disruptions in the Red Sea and Panama Canal adding 1.4% additional tonne-mile demand. The conflict is causing unpredictable schedules, clogging ports, and creating container shortages, leading to longer delivery times and surging freight rates. #RedSeaConflict #GlobalTrade #SupplyChainDisruptions...
#newstr #RedSea #Yemen #SupplyChain #GlobalTrade #Shipping #ContainerShortage #FreightRates #Asia #Us #Europe #China #Singapore #Uae
https://here.news/story/1e5fa83c?ver=0.1
Impact of Red Sea Crisis on World Trade and Potential Worsening, According to WTO Chief Economist /
npub1yl…pymst
2024-06-02 11:02:59
Author Public Key
npub1ylz3ngxu3kr4kz4y3slps5uyt2d99k4wteenhvxgtu24mhh7nd2qxpymstPublished at
2024-06-02 11:02:59Event JSON
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"content": "Economic Fallout from Red Sea Conflict Causes Global Supply Chain Disruptions\n===============\t\n#1e5fa83c ver:0.1\n\nThe Red Sea conflict is causing economic fallout and disrupting global supply chains, with concerns that the situation could worsen. The World Trade Organization predicts a rebound in international trade in 2024, but challenges remain, including weaker growth in Europe and escalating tensions in the Middle East. The Geneva Dry Conference discusses the impact on the dry bulk carrier industry, with disruptions in the Red Sea and Panama Canal adding 1.4% additional tonne-mile demand. The conflict is causing unpredictable schedules, clogging ports, and creating container shortages, leading to longer delivery times and surging freight rates. #RedSeaConflict #GlobalTrade #SupplyChainDisruptions...\n\n#newstr #RedSea #Yemen #SupplyChain #GlobalTrade #Shipping #ContainerShortage #FreightRates #Asia #Us #Europe #China #Singapore #Uae \n\n https://here.news/story/1e5fa83c?ver=0.1",
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