“Flashing Red”: Finance System Grows More Dangerous – Allianz CEO November 19, 2021 By Tom Sims and Alexander Hübner FRANKFURT — Allianz Chief Executive Officer Oliver Baete said on Thursday that the financial world was getting more dangerous, not...
‘Desperate For Tires.’ Components Shortage Roils US Harvest October 12, 2021 By P.J. Huffstutter and Mark Weinraub CHICAGO — Dale Hadden cannot find any spare tires for his combine harvester. So the Illinois farmer told his harvest...
Global Supply Disruptions Could Still Get Worse, Central Bankers Warn September 30, 2021 By Balazs Koranyi and Francesco Canepa FRANKFURT –Supply constraints thwarting global economic growth could still get worse, keeping inflation elevated longer, even if the current spike...
Shipping Snags Prompt US Firms to Mull Retreat From China August 6, 2021 By Paul Wiseman WASHINGTON — Game maker Eric Poses last year created The Worst-Case Scenario Card Game, making a wry reference to the...
Global Supply Chains Buckle as Virus Variant and Disasters Strike July 28, 2021 By Jonathan Saul, Muyu Xu and Yilei Sun LONDON/BEIJING — A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South...
How Pandemic Effects on Supplies, Shipping Compound Wildfire States’ Insurance Woes July 15, 2021 By Don Jergler A perfect storm appears to brewing for homeowners and property insurers in the drought-plagued, wildfire-riddled U.S. West – and as...
Stung By Pandemic and JBS Cyberattack, U.S. Ranchers Build New Beef Plants June 17, 2021 By Tom Polansek U.S. cattle ranchers and investors are sinking hundreds of millions of dollars into new beef plants after temporary closures of...
Mississippi River Traffic Resumes Under Damaged Bridge May 17, 2021 By Adrian Sainz and Andrew Demillo MEMPHIS, Tenn. (AP) — River traffic has reopened on the Mississippi River near Memphis, Tennessee, three days after it was...
Egyptian Court Rejects Appeal Against Detention of Ship in Suez Canal May 5, 2021 By Jim Sams CAIRO — An Egyptian court on Tuesday ruled that the container ship which blocked the Suez Canal in March could...
Global Supply Lines Struggle to Clear Container Backlog After Suez Chaos April 8, 2021 By Jonathan Saul and Timothy Aeppel LONDON/LOS ANGELES — A backlog of container ships carrying consumer goods has grown in some key strategic ports after a...