Suez supply jolt: Global economy ‘hangs in balance’ ...Qatar

The 400m-long, 220,000-tonne Ever Given, which was wedged in the Suez Canal, blocking off all traffic, has finally been freed. But the impact of the nearly a week of blockage may be felt quite longer in the global economy, not to mention the shipping industry. On the face of it, call it a freak accident involving a giant container ship. But for the global economy, hanging in the balance daily is about $10bn in commodities, industrial inputs and consumer products on ships that ply the canal, with supply-chain fears directed mostly at Asian exporters and European importers. According to an Allianz Research report, each week of no traffic through the Suez Canal could dent global trade growth

Hence then, the article about suez supply jolt global economy hangs in balance was published today ( Wednesday 31/03/2021 - 02:01 AM ) and is available on Gulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Suez supply jolt: Global economy ‘hangs in balance’ )

Last updated : 31 March 2021 clock 02:01 AM

Also on site :

Suez supply jolt: Global economy ‘hangs in balance’ ...Qatar

England bin collection rules: Major change coming to in 2026 – here’s what you need to know

Adidas' 'Comfortable' Bestselling Sneakers Are on Sale for 40% Off in 27 'Stylish' Colors

Aid convoy heads for Gaza via Rafah as Egypt presses ahead with relief deliveries

Marjorie Taylor Greene Hits Out at ‘MAGA Mar-a-Lago Sexualization’

The Ukrainian man fighting Russian ‘lies’ with his front-line newspaper

'A legacy that will long be remembered': Tributes paid to beloved Newport community figure who has died

Syria’s mass graves haunt loved ones a year on from Assad, as hunt for clues finally starts

Death at a Mississippi jail: Brutal beating or a fall from bed?

Federal appeals court judge is accused of bullying her clerks

George Clooney, his wife and their twins granted French citizenship

The RPS Selection Box: Jeremy's bonus games of the year 2025

Littwin: A Denver Super Bowl could offer a lesson for 2026

51 Great Movies From 2025 Now Streaming: ‘One Battle After Another,’ ‘Sinners,’ ‘Bugonia,’ ‘Weapons,’ and More

ALS United Mid-Atlantic Ends 2025 with Significant Research Investment

J.D. Vance Reportedly Schemed for Months to Get Trump and Musk Back Together