Maersk cuts 10,000 jobs as shipping demand falls #GlobalEconomy may be in trouble. Watch shipping demand, household debt levels, sovereign debt and China for signs of an impending global economic downturn. https://www.bbc.co.uk/news/business-67307248
Schools were shut and non-essential construction was banned around #Delhi as the #AirQuality index in the city almost hit 500 – the highest the measurement will go and 100 times the limit deemed to be healthy by the #WorldHealthOrganization.
In terms of the global economy, #LarryFink, chief executive of the world’s largest asset manager, #BlackRock, said a combination of the #Hamas atrocities of 7 October, #Israel’s resultant attack on #Gaza and #Russia’s invasion of #Ukraine last year had pushed the world “almost to a whole new future”.