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Photo: Brendan Smialowski/AFP via Getty Images

President Biden convened with leaders of the world's largest economies Sunday to address supply chain disruptions and strategize how to fortify the entire "ecosystem over the long term."

The big picture: The global supply chain has struggled against the backdrop of rising demand, labor shortages and manufacturing delays, as countries have begun to emerge from the economic damage they incurred during the coronavirus pandemic.

Details: The president discussed how each county could identify and resolve "bottlenecks," adding that greater coordination among countries is needed to strengthen the supply chain.

  • Biden also announced increased funding to help the international community in the struggle against supply chain disruptions, specifically directed toward alleviating some of the bottlenecks in Mexico and Central America.

What they're saying: "Supply chain is something that most of our citizens never think twice about," Biden said at the summit. "During this pandemic, we've seen delays and backlogs of goods or automobiles or electronics."

The backdrop: The Biden administration has introduced several initiatives domestically to address ongoing disruptions to the supply chain, ranging from issuing executive orders to expanding port operating hours.

Go deeper

Updated Nov 25, 2021 - Economy & Business

How America's turkey supply chain brings birds to your table

A turkey farm in Pennsylvania. Photo: Hannah Beier/Bloomberg via Getty Images

The route that your turkey took on its way to your table this year was beset by extreme weather, global supply-chain issues and labor shortages — many of the same factors contributing to the "Everything Shortage."

The big picture: Our Axios Local teams have turned their eye to each piece of the turkey supply chain — from Iowa, one of the top producers of animal feed nationwide; to Minnesota, the biggest turkey producer; to Arkansas, home of Walmart, the country's largest retailer.

Dan Primack, author of Pro Rata
Updated Nov 26, 2021 - Economy & Business

Everything Shortage to last past Christmas

Illustration: Brendan Lynch/Axios

America's supply chain crisis, which has driven prices higher and made all sorts of goods harder to find, may last long after the holiday season.

The big picture: If goods aren't off a boat by now, it's highly unlikely that they'll make it onto store shelves before Christmas. And there are dozens and dozens of ships anchored offshore at the country's biggest ports.

Storms pummel flood-hit Pacific Northwest as border river overflows

An image of the water-logged Sumas Prairie area taken last Friday. Photo: B.C. Ministry of Transportation/Twitter.

The latest ferocious storm system to hit the Pacific Northwest triggered fresh evacuation orders and at least one mudslide in flood-ravaged British Columbia, Canada, late Sunday.

Threat level: Flood sirens sounded in Washington state as the Nooksack River overflowed. Henry Braun, mayor of Abbotsford, B.C., told reporters the water flow was headed toward the Canadian border city later Sunday. "There's nothing to stop it," he said.

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