A prolonged geopolitical crisis could cripple the global economy, causing a $14.5 trillion loss over five years, as disrupted trade routes and infrastructure damage would reshape supply chains and intensify inflationary pressures worldwide
The Biden administration is closely monitoring price hikes by ocean shippers amid East and Gulf Coast port labor disputes and Hurricane Helene’s aftermath
Rising tensions in the Middle East threaten maritime trade, as Israel braces for Iran’s response and Hezbollah escalates attacks near key shipping routes. What’s next for global supply chains
China has decided to invest $47.5 billion (¥ 344 billion) into a state-backed semiconductor industry investment fund to gain full self-reliance in the critical field of artificial intelligence
The White House decided to investigate China’s maritime, logistic and shipbuilding practices. U.S. announces new actions in order to protect U.S. steel and shipbuilding industry from China’s practices