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Global Trade & Economics: Page 229

Fewer Nuggets, Smaller Salads: Shrinkflation Hits U.S. Restaurants

America’s restaurants are in the same boat as the rest of the country, battling the soaring food and fuel costs that recently helped send U.S. inflation to a 40-year high.

0517 Fries

From Sneakers to Teslas, China Lockdowns Upend Global Supply Chains

Here’s a breakdown of how the situation in China is intensifying global supply chain chaos.

Adidas sneakers on display. Photo: Bloomberg.

U.S., EU Plan to Pledge Supply Chain Cooperation to Counter Russia

The U.S. and European Union plan to keep addressing supply chain and other disruptions as they project a unified front against Russia when high-level officials meet starting Sunday to discuss cooperation on trade and technology issues in Paris.

Gina Raimondo, U.S. commerce secretary, speaks during an event in Washington, D.C. Photo: Bloomberg.

Supply Worries Send Gasoline Prices to Record Highs

The gasoline market is starting to run out of control — just like diesel before it.

A driver holds a gasoline pump. Photo: Canva.

G-7 Leaders Commit to Banning Imports of Oil From Russia

Leaders of the Group of Seven most industrialized countries pledged to ban the import of Russian oil in response to President Vladimir Putin’s war in Ukraine.

Pipework inside a gas storage facility in Kasimov, Russia. Photo: Bloomberg.

Can the World Feed Itself? Historic Fertilizer Crunch Threatens Food Security

For the first time ever, farmers the world over — all at the same time — are testing the limits of how little chemical fertilizer they can apply without devastating their yields come harvest time. Early predictions are bleak.

A farmer fertilizes his crop in Guna, Madhya Pradesh, India. Photo: Bloomberg.

Top Sea Polluters Beg for Climate Rules That No Rival Can Avoid

The ocean shipping industry, among the world’s biggest polluters, is asking a key regulator to overhaul its emissions directives so that all carriers are working off the same rulebook as they make the expensive changes needed to cut output of harmful carbons.

Photo: Getty

U.S. Takes First Step Towards Four-Year China Tariffs Review

The Biden administration is taking the first step toward a review of tariffs on more than $300 billion in Chinese imports that’s required to keep them from starting to automatically expire in July.

A China and U.S. flag wave side by side in the wind. Photo: Getty.

Supply Chains Flare Up Again, Endangering Global Recovery

Global supply chains are knotting up from China to Denmark, sparking re-examinations of things as macro as globalization itself and micro as trucking efficiency around American ports.

An aerial view at the Port of Hong Kong. Photo: Leung Cho Pan/ Canva.

Major Shipping Firm Sees Signs of Supply Chain Bottlenecks Easing

Port bottlenecks that have increased supply chain congestion because of the war in Ukraine and lockdowns in China may be showing signs of easing, according to one of the world’s biggest shipping companies.

'K' Line and Yang Ming shipping containers are stacked at the Port of Wilmington in Wilmington, North Carolina. Photo: Bloomberg.

Global Supply Chain Crisis Flares Up Where It All Began

China’s stringent rules to curb COVID-19 are about to unleash another wave of summer chaos on supply chains between Asia, the U.S. and Europe.

An aerial view of the Port of Shanghai in Shanghai, China. Photo: Getty.

NYC-Bound Ships Get Plea to Sail North — Way North, to Montreal

The head of Canada’s second-biggest port has a supply chain sales pitch few of his peers in the global shipping industry can match: zero wait time at sea for container traffic.

A container ship sits docked at the Port of Montreal. Photo: Montreal Port Authority.

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