How Surging Shipping Rates Pose New Headwind for the Global Economy
LAGOS JANUARY 15TH (NEWSRANGERS)-Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020. Shortages of consumer goods like paper towels and work-from-home gear early in…