Suez Canal shutdown impacts billions of dollars in trade

Suez Canal shutdown impacts billions of dollars in trade 1

 

Efforts are ongoing to free a huge container ship blocking the Suez Canal, which is responsible for 30% of the world's seaborne traffic and billions of dollars in trade a day. CNN's John Defterios and Ben Wedeman discuss what the economic impact of the event could be.
#Suez #CNNBusiness #FirstMove

68 Comments on "Suez Canal shutdown impacts billions of dollars in trade"

  1. Your Friendly Neighborhood Lamenter | March 25, 2021 at 11:32 AM | Reply

    So who was the one at the wheel when all this happened? Hell even bitcoin is taking a hit from this.

  2. João Gavanski | March 25, 2021 at 11:34 AM | Reply

    Britain is sending Austin Powers to maneuver the ship.

  3. Kevin O'Riordan | March 25, 2021 at 11:40 AM | Reply

    According to the picture, was the captain trying to do a handbrake turn.

  4. Kris Frederick | March 25, 2021 at 11:44 AM | Reply

    The technical nautical term: “D’oh!”

  5. This is a job for Superman.

  6. Somebody made a U-turn where they weren’t supposed to.

  7. A perfect metaphor for what the Petroleum Industry and the countries that control it are doing to the planet.

  8. All ikea’s furniture must be up there cause I still can’t get the linnmon 59×29 table top

  9. Hey, don’t rock the boat…You’ll turn it over 🤣

  10. Buddy Mckimmey | March 25, 2021 at 1:01 PM | Reply

    Big bold word on the side EVERGREEN =HC

  11. Max Stormhamburger | March 25, 2021 at 1:16 PM | Reply

    Saw a little clip about this yesterday from AP and thought “Uh Oh: This is BADD”

  12. Being Dutch, we got this.

    But if we don’t, don’t Suez.

  13. Who thinks that this was intentional 🤔???? Global economic impact.

  14. How many humans in those containers???
    Evergreen =HRC

  15. Lea Anna Davis | March 25, 2021 at 3:29 PM | Reply

    My day may be bad but it ain’t “I got a ship stuck in the Suez Canal” bad.

  16. Wild how this is such an essential canal to so much trade and no one thought to come up with a plan B for such situations?

  17. I cant help but think of the people who have been fired for some small infraction and then I look at this.

  18. WELL, looks like I have to wait another week for my Hello Kitty lunch box and selfie stick.

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