No Result
View All Result
New York Weekly
Wednesday, February 1, 2023
  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact
  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact
New York Weekly
No Result
View All Result
SUBSCRIBE
  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact
Menu
  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact
Search
  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact
Menu
  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact
Search
Close
Menu
  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact
Search
Close

The Supply Chain Crunch and a New Financial World Order – an Interview with Tarek Naemo

by Amanda Greyfield
February 23, 2022
in Business
The Supply Chain Crunch and a New Financial World Order – an Interview with Tarek Naemo

With the world coming back to normality, it is still bearing the aftershocks of the COVID-19 hit in various forms. One such area that Tarek Naemo, the president of Richmond Hill Capital Management, mentioned is the supply chain that got disrupted significantly due to the instant measure taken in response to the pandemic- the lockdowns.

Tarek described that people are in a daze and everyone has their own interpretations of what’s happening out in the world. Here, Naemo provided us insight from his perspective on the unfolding events the world is facing.

Upon first impression, one may assume COVID-19 has got everything to do with the health of the people, however it has impacted aspects of ‘wealth’ as well. It has interrupted the core of the financial cycle, but one might ask how?

No longer are the days where one could order whatever needed and have no doubts in arrival time, or have to consider factories, container ships, or trucks involved in the delivery of goods.

Multiple national and international lockdowns impacted the movement of raw materials to the manufacturing market and similarly the finished goods reached the final market with severe delay, and that’s if they ever reach their destination at all. All in all, we saw a massive halt in production, the supply of goods hit a low, the prices increased as well as the demand, and the entire financial cycle experienced turmoil, Naemo explained.

Nearly 73 million containers run around the globe to supply food, oil, steel, cars, plane parts, ships, microchips, construction material and other essential products. With the borders being

closed and the world practically facing a closure, these nonpenetrating containers remained stuck and the productions were forced to slow down.

According to the basic demand and supply law, Naemo outlined the ongoing trends and stated that with a decline of supply in the market the economy saw inflation in the prices both due to the shortage of raw materials and also because of the limited availability of resources. In

response, the demand declined for many luxuries and people only shifted to fulfilling their bare needs. This caused global distress amongst all social classes.

Behind all of this, he believes a new financial world order is underway, while both the supply and demand are unpredictable. The unpredictability will continue to remain until the various variants of COVID-19 stop emerging or when the world is able to get a better grip on the

constantly changing circumstances. His intuition knows things will go back to ‘normal’, however he concludes it will most likely take 1-2 years at minimum to see that change.

To learn more about Tarek Naemo & Richmond Hill Capital, click here.

Amanda Greyfield

Amanda Greyfield

Amanda Greyfield works as a part-time blogger on various blogging sites. She loves sports and outdoor adventure.

Next Post
Eden Gallery; Bringing Modern, Contemporary and Fine Art to The World

Eden Gallery; Bringing Modern, Contemporary and Fine Art to The World

Entertainment

Adult Swim confirms separation from Justin Roiland

Technology

BuzzFeed co-creator Jonah Peretti believes AI can enhance work, not replace writers

Entertainment

Matt Reeves set to discuss the future of BatVerse with Gunn and Safran

Politics

Social media regulations to come this year

World

Ukrainian Officials say Energy Restoration Almost at 100%

Entertainment

WWE shake-up: Vince returns, Stephanie steps down

Politics

Kevin McCarthy down on luck as House speaker contest continues

Technology

OpenAI and Microsoft confirmed to continue partnership

Business

Geoff Morrell’s Disney run: breaking down his finances

Entertainment

1899 concludes after one season, Netflix cancels show

New York Weekly

© 2022 New York Weekly.
All Rights Reserved
A News Anchored Network Publication

Navigate Site

  • Terms and Conditions
  • Privacy Policy

Follow Us

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Technology
  • Health

© 2022 New York Weekly.
All Rights Reserved
A News Anchored Network Publication

NY WEEKLY

  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact
Menu
  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact

LEGAL

  • Terms and Conditions
  • Privacy Policy
Menu
  • Terms and Conditions
  • Privacy Policy

FOLLOW US

  • Twitter
  • Instagram

SUBSCRIBE:

SUBSCRIBE TODAY
New York Weekly is part of a NewsAnchored Network Publication.
© 2023 New York Weekly. All Rights Reserved
  • Artist Weekly
  • Atlanta Wire
  • California Gazette
  • California Observer
  • CEO Weekly
  • Celebrity News
  • Chicago Journal
  • Coin Week
  • Economic Insider
  • Entertainment Monthly News
  • Entertainment Post
  • Famous Times
  • Influencer Daily
  • LA Wire
  • Market Daily
  • Meta Digest
  • Miami Wire
  • Music Observer
  • Net Worth
  • NY Weekly
  • NY Wire
  • Portland News
  • San Francisco Post
  • Texas Today
  • US Business News
  • US Insider
  • US Reporter
  • Voyage NY

NY WEEKLY

  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact
  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact

LEGAL

  • Terms and Conditions
  • Privacy Policy
  • Terms and Conditions
  • Privacy Policy

FOLLOW US

  • Twitter
  • Instagram

SUBSCRIBE:

SUBSCRIBE TODAY
New York Weekly is part of a NewsAnchored Network Publication.
© 2023 New York Weekly. All Rights Reserved
  • Artist Weekly
  • Atlanta Wire
  • California Gazette
  • California Observer
  • CEO Weekly
  • Celebrity News
  • Chicago Journal
  • Coin Week
  • Economic Insider
  • Entertainment Monthly News
  • Entertainment Post
  • Famous Times
  • Influencer Daily
  • LA Wire
  • Market Daily
  • Meta Digest
  • Miami Wire
  • Music Observer
  • Net Worth
  • NY Weekly
  • NY Wire
  • Portland News
  • San Francisco Post
  • Texas Today
  • US Business News
  • US Insider
  • US Reporter
  • Voyage NY

NY WEEKLY

  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact
  • World
  • U.S
  • Education
  • Entertainment
  • Politics
  • Business
  • Entrepreneur
  • Science
  • Health
  • Technology
  • Contact

LEGAL

  • Terms and Conditions
  • Privacy Policy
  • Terms and Conditions
  • Privacy Policy

FOLLOW US

  • Twitter
  • Instagram

SUBSCRIBE:

SUBSCRIBE TODAY
New York Weekly is part of a NewsAnchored Network Publication.
© 2023 New York Weekly.
All Rights Reserved
  • Artist Weekly
  • Atlanta Wire
  • California Gazette
  • California Observer
  • CEO Weekly
  • Celebrity News
  • Chicago Journal
  • Coin Week
  • Economic Insider
  • Entertainment Monthly News
  • Entertainment Post
  • Famous Times
  • Influencer Daily
  • LA Wire
  • Market Daily
  • Meta Digest
  • Miami Wire
  • Music Observer
  • Net Worth
  • NY Weekly
  • NY Wire
  • Portland News
  • San Francisco Post
  • Texas Today
  • US Business News
  • US Insider
  • US Reporter
  • Voyage NY