Loading ...I just sent this story and comment below to a friend that used to work for Evergreen Airlines. Google them.
Parts of story:
“Egypt Prime Minister Mustafa Madbouly called the ship’s predicament “a very extraordinary incident,” in his first public comments on the blockage.
Meanwhile, the head of the Suez Canal Authority said strong winds were “not the only cause” for the Ever Given running aground on Tuesday, appearing to push back against conflicting assessments offered by others. Lt. Gen. Osama Rabei told a news conference Saturday that an investigation was ongoing but did not rule out human or technical error.”
Story: https://www.newsday.com/news/world/suez-canal-blocked-egypt-ever-given-1.50196567
Comment:
Ed, such an extremely strange coincidence, that a COVID 19 Virus, shut down the whole global economy, and the Fed Reserve keeps saying “we need inflation” (huh? afraid of deflation?) and a ship with the name “EVERGREEN” plastered on its side, is helping to shut down global trade, which will drive prices higher, and another lesson to the public, that Globalization is not working out anymore, and domestic production in each country is best for all countries.