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04/22/2022
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By Mary Villareal
Georgia governor declares state of emergency amidst continuing supply chain crisis
Governor Brian Kemp declared a state of emergency as supply chain disruptions continue in Georgia. Kemp said the Wuhan coronavirus (COVID-19) was the reason for the economic distress and supply chain issues, despite being the one to lock down Georgia at the beginning of 2020. “Despite the state’s successful mitigation of the public health impacts of […]
04/15/2022
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By Arsenio Toledo
SUPPLY CHAIN NIGHTMARE: Taiwanese manufacturers operating in Shanghai forced to shut down operations due to China’s lockdown
Quanta, the Taiwanese electronics manufacturer that makes Macbooks for Apple, was forced to shut down its factory in Shanghai along with dozens of other Taiwanese companies due to Wuhan coronavirus (COVID-19) restrictions. Economic analysts are worried that the closure of production facilities in Shanghai, including those supplying electronics to tech companies, could spell even more […]
04/01/2022
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By Arsenio Toledo
IMF WARNS: Rising shipping costs are affecting inflation, raising prices of everyday goods
The International Monetary Fund (IMF) is predicting that the effects of the two-year-long global supply chain crisis will worsen again in April, as rising shipping costs threaten to slow economic growth and worsen inflation. According to an article posted on the IMF’s website on March 28, the organization outlined how the economic restrictions imposed upon the world […]
03/31/2022
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By Mary Villareal
Shanghai covid lockdown to exacerbate supply chain crisis, making shipping containers nearly impossible to source
The recently announced two-phase lockdown in Shanghai could have a worse impact than the initial Wuhan coronavirus (COVID-19) lockdowns in 2020, especially on the supply chain. The Chinese government implemented the latest COVID measures when the initial two weeks of targeted, temporary lockdowns failed to contain the new outbreak. First phase of the lockdown applies to the […]
03/22/2022
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By Mary Villareal
Supply chain problems continue as China locks down cities to fight COVID-19
Global supply chains have already been impacted by China’s six-day lockdown, supposedly to mitigate the spread of the Wuhan coronavirus (COVID-19). The world’s largest container shipping company by capacity, A.P. Møller-Maersk A/S (Maersk), already told their clients that China’s zero-tolerance approach against the virus has already produced new supply chain issues and logistical delays. “While manufacturing […]
03/17/2022
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By Arsenio Toledo
World braces for renewed supply chain crisis as COVID outbreaks shut down highly vaccinated China
The supply chain crisis is expected to get worse as the resurgence of Wuhan coronavirus (COVID-19) in highly vaccinated China led to tens of millions being forced into some form of lockdown. News from authoritarian China shows that the communist nation’s zero-tolerance approach to the coronavirus has failed, and around 51 million people are currently under lockdown due […]
03/16/2022
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By Ramon Tomey
China stocks on a DOWNHILL trend as COVID cases rise
Stocks for different Chinese companies continued on a downward trend as lockdowns imposed by Beijing paralyzed business operations. Forming part of China’s zero-COVID strategy, the lockdowns came in response to spikes in Wuhan coronavirus (COVID-19) infections. Shares of e-commerce company Alibaba fell as much as 10 percent on March 14, continuing to a 23 percent […]
02/08/2022
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By Arsenio Toledo
Biden’s plan to flood America with a billion COVID-19 tests expected to put even more pressure on collapsing supply chain
The federal government has promised to provide every single household in America with up to four rapid antigen Wuhan coronavirus (COVID-19) tests, with taxpayers shouldering the cost. Regular Americans are also the most vulnerable as the country’s hobbled supply chains struggle with the added pressure that manufacturing and transporting a billion COVID-19 tests bring. To […]
02/04/2022
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By JD Heyes
Biden’s war on U.S. economy deepens: Huge job losses in January add to labor market woes amid ongoing supply chain crisis
Joe Biden’s handlers are purposely tanking the U.S. economy so they can replace our highly successful capitalist society, which empowers individuals, with a Marxist-socialist pseudo-economy that empowers government elites. That’s the only way to explain how dramatically the economy has tanked post-Donald Trump, who had Americans working, prosperous, and keeping more of what they earned. Before the […]
02/03/2022
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By Mary Villareal
Despite wage increases, the average US worker lost money in 2021 due to soaring inflation
Despite historically high raises that brought hourly wages to a record peak of $31.31, American workers still lost money last year due to price increases for commodities like food and gas, and even services. In reality, according to the Bureau of Labor Statistics (BLS), the massive pay hikes turned into a 2.4 percent pay cut for the average employee […]
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