If you thought the trade war was bad for global commerce...
The disruption from the pandemic will be much worse
CONTAINER-SHIP navigators, box-ticking customs officials, logistics wizards, truck drivers and warehouse nightwatchmen: all are familiar with dealing with glitches involving international trade, from strikes to trade wars. But with forecasters predicting a slump in global GDP this year, even their most creative thinking cannot keep $25trn of goods and services flowing around the world.
This article appeared in the Finance & economics section of the print edition under the headline “Trucks, queues and blues”
Finance & economics March 28th 2020
- If you thought the trade war was bad for global commerce...
- America’s mortgage market sickens
- America’s central bank is not the only one doling out greenbacks
- The ECB breaks its self-imposed rules
- Saudi Arabia floods the oil market; America tries to prop up prices
- An imaginative template for dealing with the cash crunch
- How to pay for the pandemic
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