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The Economist: A grim outlook

Airports and seaports process huge quantities of goods. A disaster that downs one can have an outsized impact, says Andrew Coburn of Cambridge University’s Centre for Risk Studies, an academic group. Along with colleagues, he has analysed maritime trade and identified 21 pinch points. These include the Suez canal (which carries eight per cent of global trade) and the Panama canal (four per cent), where falling water levels are forcing ships to shed cargo. Similar pinch points exist for air freight.

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