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Transcripts For BBCNEWS Asia 20240704

been affected by the collapse of the bridge. the collapse of the mac key bridge is notjust a crisis for us it is a crisis for the globe. the national economy and the world s economy depends on the world s economy depends on the port of baltimore. the port handles more cars and more farm equipment than any other port in the country. let s get more on the impact on global supply chains, which are already facing challenging times with those attacks in the red sea and water shortages in the panama canal. harry murphy cruise is an economist at moody s analytics. at the moment we see supply chains across the world being incredibly strained and certainly this does not help. that said, the aggregate impacts of the disaster we saw earlier this week should be fairly contained. the port of baltimore, you can measure it a couple of different ways it is the ninth or 10th largest international port within the us. a little under 5% of east coast trade heading to the port of baltimore. tha

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Transcripts For BBCNEWS Asia 20240704

the collapse of the key bridge is notjust a maryland crisis, it is a crisis for the globe. the national economy and the world s economy depends on the port of baltimore. the port handles more cars and more farm equipment than any other port in the country. global supply chains are already facing challenging times with attacks in the red sea and water shortages in the panama canal. harry murphy cruise, an economist at moody s analytics, gave us a sense of the impact of the port closure in baltimore. at the moment we see supply chains across the world being incredibly strained and certainly this does not help. that said, the aggregate impacts of the disaster we saw earlier this week should be fairly contained. the port of baltimore, you can measure it a couple of different ways, it is the ninth or 10th largest international port within the us. a little under 5% of east coast trade heading to the port of baltimore. that is not nothing but it is not really enough to shift the agg

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Transcripts For BBCNEWS Asia 20240704

of goods. it s thought that 8,000 jobs have been affected by the collapse of the bridge. the collapse of the key bridge is notjust a crisis for us it is a crisis for the globe. the national economy and the world s economy depends on the port of baltimore. the port handles more cars and more farm equipment than any other port in the country. global supply chains are already facing challenging times with attacks in the red sea and water shortages in the panama canal. harry murphy cruise is a economist at moody s analytics. he gave us a sense of the impact of the port closure in baltimore. at the moment we see supply chains across the world being incredibly strained and certainly this does not help. that said, the aggregate impacts of the disaster we saw earlier this week should be fairly contained. the port of baltimore, you can measure it a couple of different ways it is the ninth or 10th largest international port within the us. a little under 5% of east coast trade heading

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