Tag Archives: global trade

Ukraine war and anti-Russia sanctions on top of COVID-19 mean even worse trouble lies ahead for global supply chains

Supply chains were already in disarray thanks to overcongested ports, as in Los Angeles. AP Photo/Damian Dovarganes Tinglong Dai, Johns Hopkins University Francis Fukuyama, the American political scientist who once described the collapse of the Soviet Union as the “end of history,” suggested that Russia’s invasion of Ukraine might be called “the end of the end of history.” He meant …

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Suez Canal container ship accident is a worst-case scenario for global trade

Rory Hopcraft, University of Plymouth; Kevin Jones, University of Plymouth, and Kimberly Tam, University of Plymouth It’s estimated that 90% of the world’s trade is transported by sea. As consumers, we rarely give much thought to how the things we buy make their way across the planet and into our homes. That is, until an incident like the recent grounding …

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