Impact of Red Sea Crisis on World Trade and Potential Worsening, According to WTO Chief Economist on Nostr: Red Sea Crisis Causes 90% Decline in Container Shipping, Impacting Global Trade ...
Red Sea Crisis Causes 90% Decline in Container Shipping, Impacting Global Trade Routes
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#1e5fa83c ver:0.12
The Red Sea crisis has caused a 90% decline in container shipping, impacting global trade routes and causing disruptions in supply chains. The situation could worsen, leading to longer delivery times, surging freight rates, and congestion in major ports. The crisis has also affected humanitarian relief efforts and has severe consequences for Pakistan's trade and economy. The World Trade Organization highlights the threat of geoeconomic fragmentation and advocates for re-globalization as the most effective response. #RedSeaCrisis #GlobalTrade #SupplyChainDisruptions #PakistanEconomy...
#newstr #RedSea #ContainerShipping #HouthiAttacks #MaritimeShipping
https://here.news/story/1e5fa83c?ver=0.12Published at
2024-06-17 07:59:22Event JSON
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"content": "Red Sea Crisis Causes 90% Decline in Container Shipping, Impacting Global Trade Routes\n===============\t\n#1e5fa83c ver:0.12\n\nThe Red Sea crisis has caused a 90% decline in container shipping, impacting global trade routes and causing disruptions in supply chains. The situation could worsen, leading to longer delivery times, surging freight rates, and congestion in major ports. The crisis has also affected humanitarian relief efforts and has severe consequences for Pakistan's trade and economy. The World Trade Organization highlights the threat of geoeconomic fragmentation and advocates for re-globalization as the most effective response. #RedSeaCrisis #GlobalTrade #SupplyChainDisruptions #PakistanEconomy...\n\n#newstr #RedSea #ContainerShipping #HouthiAttacks #MaritimeShipping \n\n https://here.news/story/1e5fa83c?ver=0.12",
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