Troubled Waters
Column Published in syndication January 24, 2024Tensions are running high in the Red Sea. Houthi rebels based in Yemen have been targeting cargo ships, firing missiles at vessels bearing flags of a variety of nations. Their goal appears to be to widen the conflict in the Middle East while simultaneously putting pressure on Europe.
- Tags:
- trade,
- supply chain,
- Red Sea
Stuff on Shelves
Column Published in syndication June 21, 2023Prior to the COVID-19 pandemic, the relatively smooth functioning of the supply chain was something most people rarely thought of and took for granted. In fact, few could even tell you what the phrase meant. The global health crisis, which shut down large segments of the economy for an extended period, severely disrupted the vast array of resources, firms, workers, technology, and transportation that forms the complex web of activity essential to the creation and distribution of products. The Russian invasion of Ukraine and various other events (including a fire in a massive South Korean chip plant) only made things worse.
- Tags:
- economy,
- supply chain,
- shortages