Informed Investor – Summer 2021 – The Property Issue

Page 116

Snapshot We take a look at some of the events around the world affecting the global economy. From the Americas, through Europe, and then Asia, find out the latest from around the globe this quarter.

United States The US is short of 80,000 truck drivers, which has made it hard to get products from ports to shop shelves and is driving up prices for a wide variety of products.

Sudan The World Bank has suspended its aid to Sudan and the US has frozen US$700 million in aid, after the military there staged a coup against the civilian government.

Ecuador President Guillermo Lasso has declared a state of emergency to combat a crime wave driven by drug-trafficking gangs and is pushing a bill allowing the air force to shoot down unauthorised aircraft.

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Brazil Brazilian senators have voted to recommend charging President Jair Bolsonaro over his handling of the Covid-19 pandemic. The president has maintained he is “guilty of absolutely nothing”.


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