Suez slowdown slams global trade & global chip shortage shocks tech
The lodged shipping vessel in the Suez Canal is continuing to cause major jams in the global supply chain as the blockage enters its fourth day. Boom Bust’s Ben Swann joins the program to analyze the impact to international trade and the fallout we could see. Then we take a spin around the globe to check out market indices as the Suez situation and vaccine concerns continue to weigh on the arrows. And in one of the most under-the-radar crises facing global manufacturing, the worldwide semiconductor chip shortage is causing setbacks across several industries. RT America’s Natasha Sweatte has details. And in the wake of an unprecedented bull run, bitcoin is seeing a marked drop in price as spring approaches. Boom Bust’s Christy Ai and Mason Jappa, CEO of Blockware Solutions, offer their insight on the drop, what could be over the horizon for the world’s largest cryptocurrency, and the environmental impact of bitcoin mining.
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