Tag Archives: Suez Canal’s Blockage Leaves Global Trade in a Jam

Suez Canal’s Blockage Leaves Global Trade in a Jam

A skyscraper-sized container ship has become wedged across Egypt’s Suez Canal and blocked all the traffic in the crucial waterway. This has put 12% of the total world trade into trouble which was already strained by the COVID-19 pandemic. Panama officials warned the traders about the issue citing that it could take at least a […]