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WASHINGTON (AP) — Car factories have idled in Belgium and Germany. Spring fashion lines are delayed at a popular British department store. A Maryland company that makes hospital supplies doesn’t know when to expect parts from Asia.
The world's happiest countries are pressing ahead with plans to achieve more than just net zero emissions — even in the face of an intensifying green political backlash on both sides of the Atlantic.
Each year about 90% of world trade is transported by ship, according to the World Economic Forum. While commodities like oil and grain make up 40% of that cargo, large steel containers, filled with appliances, smartphones, and couches, make up the remainder.
Danish shipping giant Maersk on Tuesday confirmed it had chartered the container ship which crashed into the Francis Scott Key Bridge in the U.S. city of Baltimore in the early hours of the morning.
The Dali was less than 30 minutes into its planned 27-day journey when the ship ran into the Francis Scott Key Bridge on Tuesday.
US President Joe Biden, locked in a rolling dispute with Israel’s Prime Minister Benjamin Netanyahu over war tactics in the Gaza Strip, is banking on the threat of constitutional regime change to alter Israeli combat tactics and put the country’s post-war peace policy in sync with Washington’s desires.
In recent years, global food security has suffered from overlapping crises caused by conflicts, geopolitical tensions, climate change, and the Covid-19 pandemic, resulting in severe food supply disruptions.
The potential for a strike by the largest union of maritime workers in North America, the International Longshoremen's Association, is beginning to rise on the list of concerns among logistics decision-makers and advisors in a year already fraught with a multitude of trade uncertainties.
