x

Politics

At Rome Summit, Biden Seeks Fixes for Supply Chain Kinks

October 31, 2021

ROME — President Joe Biden is convening world leaders at the Group of 20 summit on Sunday to talk about ways to relieve the supply chain bottlenecks hampering the global economy as it recovers from the coronavirus pandemic.

Despite devoting a combined $15 trillion to combat the fallout from COVID-19, many of the world’s largest economy are slogging through mass shortages as ships are waiting to dock, the prices of shipping containers climb, not enough trucks exist to haul goods from ports, and virus outbreaks halt factory production.

Supply chain issues have emerged as a point of economic and political pain for Biden, as the delays have contributed to inflation and potentially put a damper on holiday shopping. Republican lawmakers have cited the threat of inflation and supply chain challenges in critiquing Biden’s economic leadership.

In Sunday’s meeting, the president plans to discuss at the G-20 how each country can identify and resolve bottlenecks, said a senior administration official who requested anonymity to discuss the plans. The goal is to help relieve pressures and boost growth.

There is also the broader goal of greater coordination among countries so that supply chains are more resilient. This means increased transparency on shipping issues, so that possible problems can be identified and addressed. After the pandemic shut down factories, Biden plans to discuss how countries can identify strategies to ensure the production of essential goods such as computer chips are not taken offline for an extended period of time.

The president planned to make announcements on U.S. plans to stockpile critical minerals and metals, as well as detail which U.S. resources will be available to end blockages at key ports around the world, the senior administration official said.

Biden will also meet with Turkish President Recep Tayyip Erdogan on Sunday morning. Biden winds down his time in Rome on Sunday and heads to Glasgow, Scotland, on Monday for a U.N. climate conference.

The president will end the day by holding a news conference, where his domestic agenda might generate as much attention as his foreign policy efforts. House Democrats are hoping to vote Tuesday on his $1.75 trillion spending plan for families, health care and the environment as well as on his $1 trillion infrastructure plan that has already cleared the Senate.

RELATED

Exceptional windstorms that could leave some Houston residents without power for weeks were a once-in-a-generation event and the damage left in their wake is comparable to that caused by a hurricane, meteorologists said Friday.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

What is proven, and quite clearly indeed by the article which is published in this edition of The National Herald titled ‘Church of Crete Sends Letter to Patriarch Bartholomew Telling Him Not to Interfere’, regarding the ongoing issues within the Semi-Autonomous Church of Crete, is the fact that Patriarch Bartholomew has become a captive of his own choices in general.

BOSTON – The Semi-Autonomous Church of Crete, through its Holy Eparchial Synod, sent a letter on Tuesday, April 30 to Patriarch Bartholomew in response to his inquiry about his rights regarding the Patriarchal Monasteries of the island, telling him not to interfere administratively with them, according to information obtained by The National Herald.

Fifty years ago, Syrian President Hafiz al-Assad hosted U.

‘A healthy diet’ is often a complex term, because as science progresses, research becomes more abundant, information becomes complex, and it's difficult to navigate.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.