Ino Beloka

Ino Beloka

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COVID-19 brings a new crisis at sea: The case of seafarers and containerships

21 months living with COVID-19 and the global shipping community, as well as the global supply chain, is still in crisis. On one hand, container shipping experiences unforeseen delays, while on the other hand, seafarers remain stranded, working with extended contracts due to the difficulties of crew changes. And what is worse; it seems that a return to normal is not on the cards just yet…

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China to lower US taxes amid coronavirus outbreak

Guardian reports that markets rally after Beijing unveils plans to halve extra tariffs on 1,717 US products to boost its coronavirus-hit economy. The market rally followed the latest attempts by the Chinese authorities to boost the economy. After pumping money into the banking system and announcing tax and spending measures to help companies and households, Beijing said it would halve additional tariffs on 1,717 US goods.

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