MUFG Warns “Higher Friction Geopolitics” Puts These Global Maritime Chokepoints At Risk
With the US Department of Transportation and one of the world’s largest shippers, Maersk, warning about prolonged turmoil across the Red Sea on Wednesday due to continued Red Sea attacks by Iran-backed Houthi rebels, global trade could seriously be affected.
In a note to clients, the global corporate & investment banking capital markets strategy team at MUFG Bank provided a series of visualizations that show how rising geopolitical tension could jeopardize maritime chokepoints.
Analysts led by Tom Joyce, managing director and capital market strategist at MUFG, showed how key events over the last five years, starting with the 2018 trade war to the 2020 Covid crisis to the 2022 Russia-Ukraine war, and so forth, are responsible for the chaos in trade and geopolitics today.
Joyce’s top theme for markets this year is “Higher friction geopolitics.”
The deteriorating geopolitical environment worldwide has analysts worried about critical maritime chokepoints:
Military conflict in the 21st Century is quickly shifting to maritime theaters. Climate, geopolitical risk and de – globalization will pose significant challenges to the world’s most important geopolitical chokepoints in the decade ahead.
Focusing on the Middle East, Joyce shows how 25% of global trade that flows through three chokepoints, Suez Canal, Bab-El Mandeb Strait, and Strait of Hormuz, is at serious risk of sparking global trade disruption.
“As of early January 2024, the number of container ships at the entry point to the Red Sea had declined 90% from the year prior,” Joyce noted.
The analysts elaborated on the trade significance of these three maritime chokepoints in the Middle East:
In a separate report, Rabobank’s Senior Economist Maartje Wijffelaars outlined how commercial vessels rerouted from the Red Sea to Cape of Good Hope will trigger a new round of surging cost-push inflation.
And Statista’s Katharina Buchholz recently provided details about global shipping’s chokepoints.
More of the MUFG full note available to pro subs in the usual place.
Tyler Durden Wed, 01/24/2024 – 23:20
Source: https://freedombunker.com/2024/01/24/mufg-warns-higher-friction-geopolitics-puts-these-global-maritime-chokepoints-at-risk/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,707,714,656 |
| Stories: | 8,448,379 |
Whistler Blowers, Insiders
