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The World Economy’s Supply Chain Problem Keeps Getting Worse

  • Shipping shortages spark bidding wars by factory owners
  • Rising costs push exporters to raise prices, stoking inflation
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WATCH: The global supply chain crunch was meant to be temporary, but it looks like it will have a lasting impact into the next year. Bloomberg’s Enda Curran reports. (Source: Bloomberg)

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A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy.