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IMF, G20 fret over supply chain bottlenecks, inflation fears

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AFP

Washington (AFP) – Global finance officials gathered in Washington on Wednesday were focused on finding a way to alleviate supply chain bottlenecks that are driving prices higher and threatening to derail the economic recovery. As demand has spiked, suppliers have not been able to keep up: Ships are lined up outside American ports waiting to offload goods, US consumer inflation remained elevated in September, global oil prices have jumped over $80 a barrel, the highest in years, and British families may be forced to do without turkeys for Christmas dinner. The global supply challenges are a ke…

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