Global Trade & Economics

Ten Ways COVID-19 Has Changed the World Economy Forever

December 30, 2020

Economic shocks like the coronavirus pandemic of 2020 only arrive once every few generations, and they bring about permanent and far-reaching change.

Brexit Deal May Be Too Little, Too Late for U.K.’s Car Industry

December 29, 2020

Bloomberg

The auto industry dodged disaster when the U.K. and European Union sealed a post-Brexit trade accord, but not before carmakers announced factory closures and called off plans to make several new vehicles in the country.

VIDEO

Watch: Will the U.S. Rejoin the Trans-Pacific Partnership?

December 27, 2020

Robert J. Bowman, SupplyChainBrain

Matthew Goodman, senior vice president and holder of the Simon Chair in Political Economy at the Center for Strategic and International Studies, discusses the prospects of the Biden Administration bringing the U.S. back into the Trans-Pacific Partnership.

Brexit Deal Hands Business a Mix of Relief, Unwanted Change

December 27, 2020

Bloomberg

The U.K. and European Union may have signed a trade deal, but British businesses still face a raft of difficult changes.

Bottlenecks Wear Down World Economy’s Fleet of Container Ships

December 23, 2020

Bloomberg

Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days.

U.K. Faces Food Crisis Threat as Virus Surge Blocks Trade

December 21, 2020

Bloomberg

The U.K. is confronting threats of food insecurity and panicked shopping days before Christmas as European nations restricted trade and travel to guard against a resurgent coronavirus.

What an Unpredictable Year Means for Freight Costs in 2021

December 20, 2020

Avinash Mishra, SCB Contributor

Although projections indicate that maritime trade will recover and expand next year, it's becoming clear that disruptions caused by the COVID-19 pandemic will have a lasting impact on the industry.

Beirut Explosion Destroys Tonnes of Lebanon’s Food Stocks

What Happens When Tycoons Abandon Their Giant Cargo Ships

December 18, 2020

Bloomberg

COVID-19 has wrought havoc everywhere, but in the nominally regulated shipping industry it’s fueling a worrying practice: the abandonment of ships, cargo and seafarers with no way to get home.

U.K. Businesses Plead for Time to Avoid Brexit Cliff Edge

December 15, 2020

Bloomberg

As trade talks have come down to the wire, companies have to try to adapt for life beyond Dec. 31 without knowing the fundamental rules of engagement.

VIDEO

Watch: The ‘New World Order’ for Business in 2021

December 13, 2020

Robert J. Bowman, SupplyChainBrain

Rod Robertson, a partner with Briggs Management, describes a radically different environment in which businesses will sink or swim in the coming year.