keo nha cai 247News Highlights week: 15- 2020

A report published by keo nha cai 247 World Trade Organisation (WTO) says that world trade is expected to fall by up to 32% this year due to keo nha cai 247 disruption caused by keo nha cai 247 Covid-19 pandemic. WTO economists predict keo nha cai 247 decline, which it says will range anywhere from 13% to 32%, will most likely be greater than keo nha cai 247 slump in trade during keo nha cai 247 global financial crisis of 2008. While keo nha cai 247 WTO expects a recovery in 2021, keo nha cai 247 strength of keo nha cai 247 recovery is uncertain and outcomes will depend largely on keo nha cai 247 duration of keo nha cai 247 outbreak and keo nha cai 247 effectiveness of keo nha cai 247 policy responses. “These numbers are ugly – there is no getting around that. But a rapid, vigorous rebound is possible. Decisions taken now will determine keo nha cai 247 future shape of keo nha cai 247 recovery and global growth prospects.“ Roberto Azevêdo, WTO director-general, said.

Ships must be allowed to change over overworked and exhausted crews to help to keep trade flowing as coronavirus lockdowns shut many transit points across keo nha cai 247 globe, shipping industry officials said on Tuesday. A deepening lockdown in many countries and suspended air travel have disrupted supply chains, especially for ship owners who rely on keo nha cai 247 free movement of crews to keep ships moving. keo nha cai 247 International Chamber of Shipping association and keo nha cai 247 International Transport Workers’ Federation called for co-operation between UN agencies, governments and airlines to enable keo nha cai 247 changeover of ships’ crews as soon as it was feasible.
Warning that keo nha cai 247 world's supply chains would break down if ports become congested, keo nha cai 247 World Shipping Council Tuesday urged local and national governments to support policies that ensure a fluid flow of cargo through container terminals. With non essential retail stores closed, warehousing staff shortages, and travel bans affecting trucking, forwarders and shippers are reporting regular bottlenecks at key container handling points, such as ocean terminals and border crossings.
Despite a swathe of blankings being announced by carriers, and more than 200 sailings being cancelled, keo nha cai 247 number of container-related vessel calls at keo nha cai 247 major container hub of Shanghai and Yangshan are again tracking figures seen this time last year, figures from Lloyd’s List Intelligence show. keo nha cai 247 figures, which record port calls by containerships and other vessels with container capacity, remain slightly higher than they were in keo nha cai 247 corresponding week in 2019, indicating export activity from China remains high.

MKT