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The job of moving a huge container ship stranded in the Suez Canal is difficult. GAC, a shipping and logistics services company, once announced that the container ship had moved along the coast, but later said it had received incorrect information and that the ship was stranded.Fixed it stayed. The Suez Canal Authority has said that works will be suspended until the morning of the 25th and that it may be some time before traffic resumes. Here are five pieces of news to keep in mind as you start your day.
For a reason
The Chairman of the Federal Reserve Board of Governors (FRB), Jerome Powell, said that expectations of a fall in the unemployment rate remain relatively modest, despite the financial authorities’ expectations of very strong economic growth this anus. Working market “She explained that the “extremely desirable” upgrade was hiding behind her. In the Senate Banking Commission, the president highlighted the process of returning to the workforce of people who are not currently included in the calculation of the unemployment rate, and noted that “participation in the labor market is expanding.” “That situation keeps the unemployment rate at a high level, which is a very desirable result,” he said.
Clarified attitude of repair of relationships
Biden’s US administration will be on the side of the US or China with respect to its allies.Secretary of State Blinken said he would not force an election. Specifically, he showed his attitude to reestablish relations with the allies. The secretary delivered a speech at the headquarters of the North Atlantic Treaty Organization (NATO). “The United States does not force its allies to choose between enemies and allies against China,” he said. “We rely on innovation, not the ultimatum.”
Things get worse
Automakers suffering from a growing global semiconductor shortage have been forced to extend and expand production cuts at their North American plants.The semiconductor market is diverting production capacity towards consumer products, making it even more difficult to source the semiconductors used in cars and trucks. In addition, recent bad weather in the southern United States has caused a disruption in the supply of petrochemical products and a fire at the Renesas Electronics factory, adding to severe production.
More severe
The European Union (EU) has expanded its authority to suspend exports of the new vaccine against coronavirus infection. In the third wave of infection, conflicts with allies and manufacturing companies are likely to intensify. EU adopts existing export rulesCountries that have received more stringent and locally produced vaccines will require the EU to supply the vaccine. The decision to allow exports takes into account the vaccination rate and the infection status of the partner country. The mechanism is not automatic, but works on a case-by-case basis.
Admit a mistake
German Chancellor Angela Merkel has withdrawn plans to implement a strict lockdown in the five days before and after Easter. Criticism spread widely, forcing measures against the new crown to be withdrawn. Merkel said the closure plan was “He apologized to the public for being “wrong.” Public apologies are unusual. The prime minister held an emergency video conference with the leaders of 16 states and decided to withdraw.
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