TOPICS AND TIMESTAMPS:

The Test 0:00

China Lockdown 0:23

WHAT YOU NEED TO KNOW 6:34

Walmart Amazon Layoffs  7:49

Markets and Economies 12:41

Massive levels of inventory has been built up

Anticipation of higher prices and longer shipping times

Recession risk likely reduces demand

Companies are suggesting too many workers

Mass layoffs could be next

Global leaders warn of economic dangers as crises multiply

https://www.msn.com/en-us/news/world/global-leaders-warn-of-economic-dangers-as-crises-multiply/ar-AAXywy0

Shanghai district to require all shops to shut, residents to stay home | Reuters

https://www.reuters.com/world/china/shanghai-district-require-all-shops-shut-residents-stay-home-2022-05-21/

China’s Covid Zero Policy Is an Anchor on Commodities Prices - Bloomberg

https://www.bloomberg.com/news/articles/2022-05-23/china-s-covid-zero-policy-is-an-anchor-on-commodities-prices-l3i72f6v?srnd=premium-canada

China Covid News: Beijing Logs Record Cases, Reviving Lockdown Concerns - Bloomberg

https://www.bloomberg.com/news/articles/2022-05-23/beijing-sees-record-new-covid-cases-reviving-lockdown-concerns?srnd=premium-canada