"The interconnectedness of geopolitical and global trade reminds us that what happens in one part of the world can have profound implications for economies thousands of miles away."
"Global trade may sound good but you have to look under the surface because really it's global trade on the communist parties' terms."
"I'm unquestionably a fan of global trade so long as I think it's serving the interest of the global working population."
"We want a broader welfare state in certain ways, more global trade."
"The main impact for Egypt has been on the price of wheat... they import a large amount of wheat and historically they've imported that wheat directly from Ukraine and Russia."
"The Inter Oceanic Corridor... could be a game-changer for shipping and global trade, potentially shaking up the Panama Canal's long-held dominance."
"Every country is now starting to look: Can we source all of what we need in the country where we produce?"
"Worldwide, people on average are more affluent than they used to be, and it's countries that are most open to global trade that are the most affluent among them."
"And if you live in Pakistan, you can sell in the UK."
"It's been fantastic. This has been the greatest time to be alive. The combination of the American security umbrella plus globalization has changed the way we lived. It's allowed everyone to benefit from global trade."
"The supply chain disruption has imposed new frictions because the upheaval on the seas is slowing delivery, limiting sales, and having significant downstream effects."
"Western importers are reporting a steep rise in Ocean shipping rates and weeks-long delays as carriers divert ships from the Red Sea to avoid Houthi Rebel attacks."
"Poland is already the 10th largest arms exporter in the world."
"The incredible trade imbalances tell us that something's completely wrong with the sort of Pollyannaish globalization story we're told."
"China imports oil to make fertilizer. They can't defend those supply lines or maintain order in the Persian Gulf. They will have a famine when the U.S. stops guaranteeing security for global trade."
"China controls the market. And while that's today's reality, it has not always been the case."
"The new trade route...will control trade between the East and the West and the North and the South, doesn't rely on the Suez Canal and the Panama Canal."
"Now, Saudi Arabia is considering selling oil in Yuan, which means if Saudi Arabia starts selling oil in Yuan, a lot of countries would rush to buy Yuan more."
"We are so adamant that these areas of the world, that are the arteries of trade and shipping, remain peaceful."
"Almost a quarter of all global freight capacity is based in Greece."
"We cannot be overly dependent on any one country, any one shipping lane, any one product, any one natural resource."
"Russia could move from being the number one supplier to being the last resort on the list."
"The new complexity of global trade became a huge business opportunity, and Mexico found itself possibly better placed than almost any other country in the world to make the most of it."
"Increasing trade with countries like Mexico could be expected to increase global demand and increase US exports in line with any increase in US imports."
"In a well-functioning global trading regime, shifting production abroad is part of the process by which countries specialize in production of goods and everyone wins due to comparative advantage."
"It's hard to overstate the importance of the Panama Canal to the global supply chain."
"Cheap goods and Chinese price manipulation have played a role in hollowing out manufacturing centers across the world."
"East Asian nations would be the hardest hit due to their dependence on Chinese Goods."
"Sometimes that definitely happens for sure. What if I told you that there's a kind of technology that I work on that means you could trade with any kid all over the world?"
"The consequences of Ukraine and Russia's wheat being blocked off from the global market will be profound."
"Gold is real money. People forget that before the dollar was the international reserve gold was the international reserve."
"The expansion of the Panama Canal will impact major trade lanes."
"China is fundamentally involved in the Western world, global trading system. And that gives it certain vulnerabilities."
"Russian resources are no longer available to the same degree and obviously the flow of cheap goods from China... well, that's now there's a question mark over that as well."
"China's transformation in trade partnerships is reshaping global economic dynamics."
"Bitcoin lowers the barrier to trade and will be really good for global trade."
"Figuring out how to buy things that are not made in China is so important."
"Encouraging World Trade... still very positive."
"It's unbelievable the opportunities we get when we travel to see how the parts we use every day are actually manufactured."
"Giving away our jobs and buying our medicines and our Rare Earth only from China empowers them."
"So, in some way, the pursuit of black pepper, and the organic chemical piperine, changed the world."
"The Panama Canal: facilitating incredible amounts of economic activity."
"The Suez Canal: one of the most significant canals to have ever been constructed."
"The inclusion of Argentina Egypt Ethiopia Iran Saudi Arabia and the UAE has notably increased brc's Global GDP in population representation making it a formidable economic block."
"Price matters. The Chinese are coming, I guarantee it."
"The financial and inflation impact as a result of sanctions and as a result of the impacts to global trade..."
"The United States is becoming the only country in the world that can absorb a large volume of exports at the same time that politically we are no longer interested in playing that role."
"Resilient supply chains mean addressing China's role."
"Every hour the ship remains stuck in the canal it would delay 400 million dollars worth of goods, furthermore every day it remained stuck would disrupt another 9 billion dollars worth of goods."
"If they can't get that insurance it means that they won't be able to move that oil they won't be able to sell it and therefore increases the likelihood of a global recession."
"The sheer size of the US economy makes it the most important single factor in global trade."
"The world has always been looking for faster, cheaper, and more efficient methods to transport goods and people around the world."
"Companies that were producing masks for the US and other countries were ordered not to export masks because they were needed in China."
"In a world where supply chains are shifting, Morocco is intriguing."
"China needs to be increasing their commerce and trade around the world."
"Silver's physical buying is off the scale globally, and that also puts COMEX silver into the crosshairs for delivery this month in very large size."
"Port of Shanghai: the largest port in the world."
"World trade continues to slide as recovery sputters."
"You can trade Around the Clock in the U.S and easily access Global markets."
"Aircraft leasing companies buy around 60 percent of new passenger
jets and lease them out to airline companies
around the world."
"Trade brings the world together, information is passed on."
"The single biggest product that Russia exports is oil."
"Decoupling would destroy the German economy."
"Water scarcity: a looming crisis impacting global trade and economies."
"Desire for a canal connecting the Atlantic and the Pacific."
"Do you want to keep getting juice from the other side of the world that sits in a vat for six months?"
"Global trade is nothing new... but unlike the USSR, the United States would emerge as the world's sole Naval power."
"Cryptocurrencies using blockchain technology are a phenomenal tool for cross-border transfers and trade."
"Russia is the world's biggest energy exporter and they're willing to sell oil to China in Chinese currency."
"Cavendish bananas represent nearly half of the bananas produced in the world today."
"This ship and it being stuck for a few days reminds us just what the global economy is."
"If we do not get these ports back open, there's a chance that millions of people could possibly die."
"We actually may see ourselves start catching up with the fleet off LA and Long Beach because things are starting to slow down in China."
"China's overcapacity distorts global prices and production patterns, hurting American firms, workers, as well as firms and workers around the world."
"Fact number one: the forex market trades 6.6 trillion dollars a day."
"You want to have some fixed supply financial asset that's fungible that you can trade anywhere around the world."
"The Taiwan Strait is an indispensable axis of world trade."
"We broke down barriers to entry, allowing anyone to trade with anyone from any country, with minimal capital required."
"I think as we look at this space, something, some digital asset is likely going to become the currency of choice for global trade."
"To what extent do you think we will stop seeing 'Made in China'?"
"India was a textile superpower... with a mind-blowing 25% share of the global textile trade."
"The one thing that is needed for prosperity is unity and global trade."
"They are going to be a powerhouse, I think, for supply chain management and tracking products and items for all those companies around the world that do global trade."
"China is still manufacturing and providing various products worldwide."
"My government will be at the forefront of efforts to solve the most complex international security issues, champion global free trade, and work alongside international partners to solve the most pressing global challenges."
"The difficulties of maintaining global supply chains have pushed more and more companies to cast their nets wider or diversify."
"The world can't function without Chinese Supply chains."
"If China's buying less products that means that all of those other countries will be selling less, they'll generate less profit, they will start to contract."
"But in general, the British managed to stay afloat by simply increasing their trade with other parts of the world."
"Nearly 25 million farmers worldwide depend on coffee crops for their economic livelihood."
"Vietnam is the fourth largest textile exporter in the world."
"Future global trade needs a super sovereign currency system under which no single country has the power to freeze the international assets of another country."
"We've shown the NGOs and commodity buyers that this is a really viable way to change the lives of people in developing markets."
"India was a manufacturing juggernaut, a thriving exporter of high-quality goods to markets throughout the world."
"China is once more the biggest importer of silver in the world."
"China's protectionist measures have led to tensions in global trade, prompting responses from the United States."
"China's aim is to provide an alternative to the US dollar in global trade."
"Gold has use across the entire global economy."
"Ukraine and Russia supply almost a third of the world's wheat exports."
"If you or your community sources anything from anywhere overseas 2023 will have you struggling to find what you need."
"Red Sea chaos causing Global oil buyers to shop locally."
"Ripple is all about worldwide shipping, it's all about oil, it's all about all of the money."
"Global supply chains are beginning to buckle as two years' worth of strain on transport workers take their toll."
"I'm willing to pay a higher price for goods that are made abroad to avoid child labor."
"The response has been immediate, with container ships shunning the Suez and rerouting around the Cape of Good Hope."
"Every day, nearly a thousand vessels must pass through a handful of crucial shipping arteries, including the Panama Canal in Central America, the Strait of Malacca in Asia, the Straits of Gibraltar, the English Channel, and the Suez Canal."
"The role of China in World Trade: unbelievable. It became the manufacturing center for the whole world."
"I think most of us aren't aware of just how much global trade hangs by a thread."
"There was this rippling cascade of disruption to global trade."
"Look around you in any room you happen to be in right now, the vast majority of the objects in that room will have come to you on boats."
"As the world tries to shift away from China and build a reliable second supplier source, India is becoming a very preferred partner for many foreign companies."
"Europe began dominating the world economy in large part because of increased demand for New World products."
"You can buy stuff that small children are making across the globe that is more reasonable."
"If these countries trade with one another in local currencies... put it into gold... I think at this point there doesn't have to be a clear replacement for the dollar as the global reserve."
"If the situation extends to two weeks, it will be catastrophic for global trade."
"Open to all nations, the Suez Canal changes the world seabourn trade forever."
"Sometimes the best deals are in other countries due to 'hella' complicated factors about economies and 'stuff.'"
"The center of the global gold trade is moving from the West to the East."
"It's always good. I mean of course I'm supposed to say, 'Oh the US should be exporting everybody,' but you know everyone should be able to make their own stuff."
"Trading in more than 2,000 markets in 93 different countries."
"Meet the billionaire traders who supply the world with oil, metal, and food."
"They are shipped worldwide and have sold across the world, including in the Middle East."
"...the Suez Canal was an artificial sea level Waterway running north to south across the Isthmus of Suez in Egypt to connect the Mediterranean Sea and the Red Sea..."
"...it's one of the world's most heavily used shipping lanes and probably the most important waterways on Earth..."
"...if the Middle East is more prosperous it will demand more goods from the rest of the world that will create more jobs in the United States..."
"It's awesome to be shipping around the world like that."
"The global supply chain to deliver coffee from around the world so that I can grind up fresh coffee... that's amazing."
"Britain controls much of the communications, much of these global trading and financial networks come from London."
"As a globally trading nation in charge of our own destiny and seizing the opportunities of trade with some of the fastest-growing and most dynamic economies across the world."
"Our products are shipped all over the world."
"The advantages of global trade are massive to countries that can effectively engage in it."
"By 1860, coffee had become a world commodity."
"The collision serves as a stark reminder of the complex and interconnected nature of global supply chains and transportation networks."
"The safe, secure, and reliable flow of trade continuing through the Red Sea is extremely important to all of these dozens of countries from all around the world."
"It's shocking, 80% of the world's almonds come from California."
"It is the crossroads of East-West trade."
"What could the future of global Air Freight hold?"
"In the intricate web of global trade, roro ships play pivotal roles, bridging continents and driving economies."
"Their significance in connecting markets, facilitating trade, and fostering relationships cannot be understated."
"We're all about a maritime world order about universal rules so that we can all trade in peace and make money."
"In the realm of global trade, roro ships with their specialized operations are poised to play an even more significant role."
"As they sail across oceans, they carry with them the dreams and aspirations of nations."
"We want to get out into the wider world, to trade and do business all around the globe."
"The volume of digital flows across countries over the last two or three years, even though trade itself, physical trade is dying away, digital trade is expanding at an extraordinary rate."
"Germany is the third largest exporter and importer of goods in the world."
"This body of water accounts for an estimated 12% of global trade annually, worth more than $1 trillion dollars."
"The Hanish Islands unquestionably have strategic value, lying at a critical 'choke point' for global trade, not all that different from the Strait of Malacca."
"The Bund was traditionally the commercial heart of Shanghai's port, where it was disembarked the merchandise coming from all over the world."
"The forces of supply and demand converge in a global marketplace."
"This region is a very important shipping channel; any disruptions here can affect the global economy."
"Everyday businesses are more and more reliant on global supply chains."
"The world cottoned on to the idea of comparative advantage."
"The foreign exchange market has grown so large because global trade has grown to require it."
"The next time you eat a little plastic pack of pears in juice that were grown in Argentina, packed in Thailand, and sold in once Great Britain, just understand exactly how much money was involved in moving those little pears around."
"We're talking about the flow of trillions of dollars of goods and oil and energy and whatever every year."
"Produce a lot of shrimp and sell it to the whole world."
"The Netherlands is the second biggest exporter of agricultural products in the world."
"It's the crossroads of the world's economy; to protect it, America has gone to war."
"Thousands of new cars and hundreds of the high and heavies will find their ways to new owners, a mega transport around the globe all possible thanks to a bunch of little gears interlocking perfectly."
"International Maritime trade is like a piece of infrastructure that secures the modern world."
"We started a division within Overstock called Worldstock; it just carries the goods of artisans from around the world."
"Whosoever commands the sea, commands the trade; whosoever commands the trade of the world, commands the riches of the world, and consequently, the world itself."
"High prices could stick around for decades as fragmented world trade will disrupt supply chains and push up costs for consumers."
"By the 1980s, Japan accounted for around 10% of exports globally."
"The chances of something going terribly wrong with the global trade system is probably the highest it's ever been since the world wars."
"The fate of the Panama Canal hangs in the balance, and the potential fallout of its demise is immense."
"The properties of Ephesus, the oil barons of Spain, the entrepreneurs of the seas have left the traces of their success stories."
"The significance of the Panama Canal cannot be overstated; it acts as a vital conduit for the shipping industry, facilitating the rapid movement of goods between the eastern and western hemispheres."
"The Panama Canal, which is a pivotal player in global trade, finds itself unable to cope with the increasing demands imposed by a constantly growing global market."
"The enterprising merchants of New England developed a network of trade routes that covered well nigh half the world."
"The World Trade Organization deals with trading on a global scale."
"We're better off as a world where we can share our goods across nations."
"Chinese Ports play a key role in the world Port system."
"China shipped more than 3,000 trillion worth of export products around the globe."
"Container ships move more than 80% of the international shipments."
"Every year 100 million containers cross the world's oceans."
"We have an extremely integrated and interdependent economy, and we all really need each other."
"Soon these containers will be on ships sailing to markets around the world."
"It has become increasingly difficult for a small business to sell around the world and understand the rules that apply to them or don't."
"The Suez Canal being blocked is actually costing approximately 10 billion dollars per day."
"Goods were shipped here and traded from all over the world."
"It is estimated that ⅓ of total global shipping passes through the South China Sea."
"The Panama Canal is not just a waterway but a lifeline of global trade."
"Worldwide GDP would increase by five percent if we could just reduce some of the barriers in the global supply chain."
"International global trade is what he's doing."
"My dream is to run an online store selling imported goods."
"I'm very hopeful that we can waste less resources, we can have a trustful data store, we can remove barriers to trade freely around the world."
"The most important trade route in the world is in the past, present, and future."
"The Gulf of Aden stands as a pivotal artery in global maritime trade, linking the Arabian Peninsula with the Horn of Africa."
"We really need to move to more world trade areas because having regional trade fights isn't much better than national trade fights."
"Neoliberalism is more of an analytical framework... they agree that global commerce and democratic political systems can create incentives for cooperation and stability."
"Producers are able to increase their market size... you open up the market to bigger places to sell your products."
"China is the world's factory, but their EV manufacturing advantages are particularly strong."
"In 1950 we moved half a billion tons of cargo on the world's oceans; last year we probably moved 12 billion tons."
"Ocean shipping is so important, it touches all of our lives."
"We're the world's fourth largest exporter, we've overtaken France to be the world's seventh largest manufacturer."
"Now that countries are starting to open up more after the pandemic's settling down a little bit, trade is opening up."
"We're making information work for both buyers and sellers around the world."
"...the economies are so closely intertwined that severe disruption in trade between the two countries would have catastrophic effects downstream."
"These attacks against vessels in the Red Sea pose a direct threat to lives, to freedom of navigation, and to global trade in one of the world's most critical waterways."