{"id":406518,"date":"2026-05-01T10:02:21","date_gmt":"2026-05-01T10:02:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/406518\/"},"modified":"2026-05-01T10:02:21","modified_gmt":"2026-05-01T10:02:21","slug":"global-disruptions-are-testing-how-the-world-moves-goods-and-people","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/406518\/","title":{"rendered":"Global disruptions are testing how the world moves goods and people"},"content":{"rendered":"

\nShipping and flight disruptions highlight new fault lines in the global economy and their costs for growth and livelihoods, IMF says\n<\/p>\n

The war in the Middle East has severely disrupted maritime and air traffic, damaging infrastructure and interrupting transport corridors that are critical for global energy and goods. Even in the best case, there will be no neat and clean return\u00a0to the\u00a0way things were<\/a>.<\/p>\n

The\u00a0Chart of the Week<\/a>\u00a0illustrates one reason for concern. In the Red Sea, attacks on shipping that began in 2023 forced many vessels to reroute around Africa rather than use the Suez Canal. More than two years on, transits through the Bab el-Mandeb strait between Yemen\u00a0and Djibouti remain stuck at roughly half their pre-attack level.<\/p>\n

\"\"<\/p>\n

The future of Strait of Hormuz transits and regional air traffic remains unknown. However, it\u2019s already clear that growth will be slower, even if an enduring peace is reached.\u00a0As the April 2026\u00a0World Economic Outlook<\/a>\u00a0details, shipping and air disruptions slow trade, raise costs along supply chains, and hit tourism-dependent and import-reliant economies hardest. Consumers feel this through higher prices on food and essentials, with lower-income households bearing the largest share.<\/p>\n

If Hormuz transits and regional flights recover slowly like the Bab el-Mandeb path, the drag on growth will persist long after the fighting stops.\u00a0Policies that strengthen the resilience of transport networks are now central to sustaining growth and protecting livelihoods.<\/p>\n

This article was originally posted here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Shipping and flight disruptions highlight new fault lines in the global economy and their costs for growth and…\n","protected":false},"author":2,"featured_media":406519,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-406518","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/406518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=406518"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/406518\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/406519"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=406518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=406518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=406518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}