Strait of Hormuz disruptions could hit firms behind 70% of global employment hardest
Disruptions in the Strait of Hormuz could put disproportionate pressure on the smaller firms that account for 70% of global employment, according to new analysis by UN Trade and Development (UNCTAD). Small and medium-sized enterprises (SMEs) account for around 90% of businesses globally, 70% of employment and 50% of GDP. They are also crucial suppliers ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
