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Global Trade & Economics: Page 225

Taiwan Tensions Raise Risks in One of Busiest Shipping Lanes
The standoff between the U.S. and China over Taiwan has thrown a spotlight on growing risks to one of the world’s busiest shipping lanes — even a minor disruption could ripple through supply chains.
A container ship leaves the Port of Ningbo-Zhoushan in Ningbo, China. Photo: Bloomberg.
U.S. Economy Shrinks Again, Ringing Recession Alarms
The U.S. economy has shrunk for the second quarter in a row, a milestone that in many countries would be considered an economic recession.
U.S. Sees Union Boom Despite Employer Opposition
After years of decline, the American labor movement is experiencing a resurgence — with an increase in popularity of unions and of workers organizing.
A warehouse worker uses a pallet jack to move boxes. Photo: Shutterstock.
EU Will Ration Gas Use Over Russia Supply Fears
European Union member states have agreed to ration gas this winter in an attempt to avoid an energy crisis generated by further Russian cuts to supply.
Fuel pumps at a gas station. Photo: Jupiterimages/ Canva.
Are Your Exports Affected by Sanctions on Russia? It’s Not Always Easy to Tell
Sanctions imposed on Russia for its invasion of Ukraine are having an undeniable impact on global supply chains, but individual companies might have a hard time determining precisely how they’re affected.
A cargo ship at anchor in Kandalaksha, Russia. Photo: Getty.
Europe’s Heat Wave Threatens Key Shipping Waterway
The water levels in a crucial waterway in Europe’s economic heartland are running dangerously low in the region's searing heat, posing another risk to global supply chains.
An aerial view of barges on Europe's Rhine river. Photo: Getty.
Russian Odesa Missile Strike Tests Ukraine Grain Export Deal
Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a vital step toward alleviating a global food crisis.
A grain truck drives near a field of wheat. Photo: Shutterstock.
Jeep’s China Failure Sends Foreboding Signal to Global Carmakers
It was one of the very first international auto brands to enter China, widely recognized by consumers and understood by its owners to have huge potential. And yet, Jeep is shutting down its only plant in the world’s largest market.
A Jeep Grand Cherokee 4xE electric vehicle is unveiled by Stellantis NV during the 2022 New York International Auto Show (NYIAS). Photo: Bloomberg.
Russia Resumes Nord Stream Gas Flow, Bringing Europe Respite
Russia began sending natural gas to Europe through the Nord Stream pipeline system after a pause, bringing relief to a continent whose economy is starting to wobble under the strain of reduced supplies.
Pipework inside a gas storage facility in Kasimov, Russia. Photo: Bloomberg.
Eurozone Raises Interest Rates for First Time in 11 Years
The European Central Bank (ECB) has raised interest rates for the first time in more than 11 years as it tries to control soaring eurozone inflation.
More Companies Offer Supply Chain Financing to Vendors
Shipping logjams and strains over inventories are raising the profile of supply-chain finance.
Late U.S. President Abraham Lincoln is seen on a five dollar bill. Photo: Pexels.
Truck Protests Bring Port of Oakland Close to a Standstill
Truckers protesting the new California law that toughens the definition of nonemployee drivers have effectively shut down operations at the Port of Oakland.
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