The grounding of the Ever Given container ship in the Suez Canal in March 2021 blocked a major trade artery for six days, costing billions in delayed trade and highlighting supply chain fragility.
5167
The 'Great Resignation' following the COVID-19 pandemic referred to:
The Great Resignation was an economic trend beginning in 2021 in which employees voluntarily resigned from their jobs en masse, citing low pay, lack of opportunities, and a desire for better work-life balance.
5168
Which sector in China faced a severe liquidity crisis starting in 2021, symbolized by the troubles of Evergrande?
China's property sector faced a massive crisis triggered by government crackdowns on excessive borrowing (the 'Three Red Lines'), leading to defaults by major developers like Evergrande.
5169
Which factor is a major cause of global inflation rises in 2021–2023?
The World Bank published the 'Doing Business' report, which ranked countries on the ease of doing business. It was discontinued in 2021 due to data irregularities, but remains a famous benchmark in the history of international financial metrics.