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…
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…
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…
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…
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…
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…
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…
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,…
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…
By The Ice Age Farmer The Suez Canal’s blockage by a ship run aground is emblematic of the cascading failures in the global economy: a…
By Tyler Durden The global economy is faced with a synchronized slowdown as central bank ammunition to fight the next global recession is limited. Monetary…
By Stefan Gleason The U.S. Treasury Department announced Monday that China is no longer on a list of countries deemed to be “currency manipulators.” The…
By Mac Slavo According to a new National Bureau of Economic Research paper, “approximately 100 percent” of the costs associated with the tariffs on Chinese…
By Brandon Smith In the second week of October, after the “partial” U.S.-China trade deal was announced to much fanfare, I made this prediction: US…
By Mac Slavo Yet another independent study has confirmed what we warned about from the beginning: Americans are paying for the trade war, not the…