Airlines could face bankruptcies within weeks as Middle East chaos hits bookings and pushes oil higher, a Dubai billionaire warns. Hiring has also fallen to COVID-shutdown levels, a top economist says.

  Americans aren’t getting laid off. And they’re not quitting. They’re simply just not getting hired, and the numbers haven’t been this bad since the pandemic closed the economy by force. The Bureau of Labor Statistics reported Tuesday the hiring rate fell to 3.1% in February, with just 4.8 million hires, the lowest since April …

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World’s 2nd largest shipping company, Maersk, suspends all cargo bookings for the UAE, Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, & Iraq. Iran could disrupt Hormuz for months

Baghdad (IraqiNews.com) — Maersk announced on Wednesday that it is temporarily suspending most cargo reservations in and out of Iraq as security worries mount throughout the Gulf. The business said that the ban applies to shipments involving many regional nations, including the UAE, Oman, Kuwait, Qatar, Bahrain, and Saudi Arabia. https://www.iraqinews.com/iraq/maersk-suspends-iraq-cargo-bookings-amid-regional-security-concerns/ *Walter Bloomberg @DeItaone IRAN …

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Container import bookings into the US are down 16% YoY; Used car prices falling back to “Liberation Day” levels

https://twitter.com/spice1975503/status/1992215378181619837 Major retailers warn of slowing consumer spending and cut forward orders Nov 19 (Reuters) – Target (TGT.N), opens new tab reported a bigger-than-expected drop in comparable sales on Wednesday and offered a wide range of profit outcomes for its holiday quarter, as it cuts prices and makes investments to appeal to cash-strapped U.S. consumers. …

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Containers bookings from China down 50% soon will be down 90%

Containers bookings from China down 50% soon will be down 90% Yes some will picked up by other countries but not all You will see problems in late June / July at retailers level but also in industrials (US factories will have to stop production lines) pic.twitter.com/IMay2iJrwS — Marco Castelli (@macastel3) May 11, 2025 Pausing …

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The Coming Shortage: China trade freeze sets the stage for massive delays. Shipping, trucking, and warehouses to face brutal disruptions by May. Container bookings have collapsed.

The White House has put itself and the country in a bad situation but doesn’t realize it yet. Around April 10th China to USA trade shut down. It takes ~30 days for containers to go from China to LA. 45 to Houston by sea, 45 to Chicago by train. 55 to New York by sea. …

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Last week’s trade data shows incredibly bleak picture for the US economy: 49% drop in global container bookings, 30% drop in exports

Last week’s trade data shows an incredibly bleak picture for the economy: – 49% drop in global container bookings – 64% drop in U.S. imports. – 30% drop in U.S. exports. The data from March 24-31, 2025, compared to the subsequent week (April 1-8, 2025), shows a dramatic decrease in pre-order quantities. The total number …

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