Biden: Virus stretched supply chains like never before
United States President Joe Biden stated on Wednesday that the coronavirus "stretched supply chains like never before."
United States President Joe Biden stated on Wednesday that the coronavirus "stretched supply chains like never before, Baku Tribune reports citing Breaking News.
Supply disruptions on one side and higher demand for goods on the other "is the recipe" for delays and higher prices, he said while delivering a speech in Baltimore, Maryland. "Consumer prices remain too high," making people feel "unsettled about the economy," he noted, adding that the White House is "tracking these issues and trying to figure out how to tackle them head-on."
Biden also revealed that he "spoke with the CEOs of the major retailers... and the leading freight movers," who "assured" him "that the shelves will be stocked in stores this holiday" season.
The Rocket and Artillery formations of the Azerbaijan Army conduct live-fire exercises in accordance with the combat training plan for 2021, the Ministry of Defense of Azerbaijan told Baku Tribune.
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Editor's note: Eugene Chausovsky is a senior analyst at the Newlines Institute. Chausovsky previously served as senior Eurasia analyst at the geopolitical analysis firm Stratfor for more than 10 years. His work focuses on political, economic, and security issues pertaining to Russia, Eurasia, and the Middle East.
