. Here’s How A Long Shutdown Of The Suez Canal Might Roil The Global Economy « JO LEE MAGAZINE

NPR – Before the grounding of the massive Ever Given container ship in the Suez Canal, some 50 vessels a day, or about 10% of global trade, sailed through the waterway each day — everything from consumer electronics to food, chemicals, ore and petroleum.

Now, with the ship lodged sideways in the canal, closing off the main oceangoing highway between Europe and Asia, much of that cargo is sitting idle, costing $9.6 billion per day.

Find out how this will affect global trade at NPR.

World on the Run | Jo Lee Magazine




Comments are closed.

 

 


hey