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Global Trade & Economics: Page 190

Europeans Reluctant to De-Risk from China, Survey Says

Forty-six percent of those interviewed said they viewed China as an “ally or necessary partner” compared to just 35% who saw Beijing as a “rival or adversary.”

Shanghai, China. Monday, Oct. 17, 2022. Photo: Qilai Shen/Bloomberg

Japan's Kishida Unveils Policy Proposal Before Potential Polls

Some of the issues covered in the proposed policy plan include supply chain resiliency, sustainability initiatives, labor market reforms and improved childcare support.

Fumio Kishida, in Tokyo, Japan. Thursday, April 20, 2023.Photo: Bloomberg

Fed Index of Global Supply-Chain Stress Plummets to Record Low

The Global Supply Chain Pressure Index fell to -1.71 in May 2023, marking the lowest level on record based on data going back to 1997.

A port in South Korea. Photo: Bloomberg Creative Photos/Bloomberg

Over Half of SMBs Experienced Demand Drops in the Last Year

Due to a drop-off in consumer demands over the last 12 months, 36.1% of small- and medium-sized businesses are now faced with excess inventories.

Photo: iStock.com/wichayada suwanachun

Chinese Groups Lead Bids for Ford’s German Site as Tensions Rise

One of the bids comes from BYD Co. while another was made by several smaller Chinese car companies, according to people familiar with the situation.

The Ford factory in Saarlouis, Germany. Photo: Krisztian Bocsi/Bloomberg

Germany Nears $5.2bn Deal to Build Submarines in India

Thyssenkrupp AG’s marine arm and India’s Mazagon Dock Shipbuilders Limited are expected to jointly bid for the project worth an roughly $5.2 billion.

Thyssenkrupp Marine Systems exhibit at the Berlin Security Conference in Berlin, Germany on Nov. 30, 2022. Photo: Bloomberg

Europe Gas Prices Soars 20% as Market Shows Signs of Tightening

The region is still recovering from a historic energy crisis that was exacerbated by severe supply cuts from Russia in the wake of its war with Ukraine.

Vattenfall AB in Muiden, Netherlands on December 1, 2022. Photo: Bloomberg

Union Workers Halt Operations at Several West Coast U.S. Ports

The union decided to stage “concerted and disruptive work actions” after labor relations reportedly deteriorated between dockworkers and port managers during the week of June 2.

The Port of Oakland in Oakland, California on October 26, 2011. Photo: iStock.com/hanusst

Slowdown in Retail Spending Reflected in Macy’s Revised Forecast

Demand for apparel and accessories is declining, and Macy’s cut back its full-year outlook on sales and profits June 1.

Photo: iStock.com/jetcityimage

Climate Change Threatens a World Without Doritos

Climate change is causing supply chain disruptions for several of the commodities that are used to make Doritos: corn, salt, sunflower oil and dairy.

Photo: iStock,com/hapabapa

Saudi Arabia and U.K. Ink Critical Minerals Supply Chain Deal

The deal will improve the supply chain resilience of minerals like copper, lithium, cobalt and rare Earth elements, which are vital to producing electric vehicles and solar panels.

Copper pipes. Photo: iStock.com/SimoneN

Indonesia Considers Limits on LNG Exports in New Trade Curbs

New LNG export contracts or renewals of existing agreements could be prohibited to prioritize the needs of domestic consumers, according to Coordinating Investment and Maritime Affairs Minister Luhut Pandjaitan.

The LNG Aquarius liquefied natural gas tanker at Java Sea offshore in Jakarta, Indonesia, on Sunday, Oct. 31, 2021. The world is facing an energy crisis, with demand rebounding as economies reopen after the pandemic. Photo: Bloomberg/Dimas Ardian

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