From bnnbloomberg.ca

It’s been almost two years since an Arabian sandstorm roiled the world’s supply networks by nudging a 1,300-foot-long container ship into the muddy bank of the Suez Canal. The Ever Given’s week-long grounding delivered a key warning: The global trading system isn’t as stable as we thought. Since then, a pandemic-fueled supply crunch, Russia’s war with Ukraine, and a deepening rift in the US-China trade relationship have hammered home the idea that the world needs more resilient trade networks. As these supply-chain shocks begin to dissipate this year, the next fragility to be exposed will reveal how … (full story)