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	<title>Ioannis Verdelis &#187; world trade</title>
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		<title>The BBC Box</title>
		<link>http://www.ioannisverdelis.com/2009/07/29/the-bbc-box/</link>
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		<pubDate>Wed, 29 Jul 2009 09:55:43 +0000</pubDate>
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				<category><![CDATA[Ioannis]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[world trade]]></category>

		<guid isPermaLink="false">http://www.ioannisverdelis.com/?p=42</guid>
		<description><![CDATA[I've been following the BBC Box for some time now and thought I'd post about it here. Apparently, the BBC has painted a container with its branding and fitted it with a GPS tracker, mapping its route over an entire year and talking about global trade. This started at a time when global trade was [...]]]></description>
			<content:encoded><![CDATA[<p>I've been following the BBC Box for some time now and thought I'd post about it here.</p>
<p>Apparently, the BBC has painted a container with its branding and fitted it with a GPS tracker, mapping its route over an entire year and talking about global trade.</p>
<p>This started at a time when global trade was booming and the theme was how the box travelled full from Asia and empty back to it.</p>
<p>Things are taking their toll over time though, and the global recession hit (perhaps as a result of this trend).</p>
<p>The box has been<a href="http://news.bbc.co.uk/1/hi/business/8172846.stm"> left empty</a> in a yard since April as the haulage company has no shipping orders to fulfill. The recession has reduced world trade significantly in recent months, worryingly so as the collapse in world trade following the 1929 crash brought about the depression that ensued.</p>
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