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Global Trade & Economics: Page 226

Yellen Touts ‘Friend-Shoring’ as Global Supply Chain Fix

U.S. Treasury Secretary Janet Yellen called on “trusted” U.S. allies to strengthen trade relationships to shore up global supply chains disrupted by the pandemic, worsened by Russia’s war in Ukraine and threatened longer term by a reliance on China.

Janet Yellen, U.S. Treasury secretary, listens during a House Financial Committee hearing in Washington, D.C. Photo: Bloomberg.

Europe Fears Widespread Economic Fallout if Russian Gas Outage Drags On

European manufacturers that depend on Russian natural gas are growing more concerned about their supplies.

Watch: The Fallout From the Russia-Ukraine Conflict

Michael Walsh, partner with the law firm of Foley & Lardner LLP, discusses the impact on supply chains to date arising from Russia’s invasion of Ukraine, and what further effects companies might experience in the months to come.

The Fallout From The Russia Ukraine Conflict

Supply Chains Unlikely to Stabilize Until 2024, Survey Finds

More than half of supply chain executives don’t expect a "return to normal" until the first half of 2024 or beyond, according to a new survey.

Rows of shipping containers at the Port of Baltimore in Baltimore, Maryland. Photo: Kelly Lacy/ Pexels.

U.S. Will Back Miners to Stop China's Weaponization of Battery Metals

Developers of battery metals projects can win support from the U.S. government as it seeks to counter the dominance of China in clean-technology supply chains.

Cut cobalt cathodes sit stacked. Photo: Bloomberg.

Creating Localized Supply Chains: Dream Versus Reality

Much of the conversation around supply chain sustainability today focuses on the localization of sourcing, to cut down on emissions caused by moving product over long distances. But however laudable that goal might be, it’s not so easy to accomplish.

A production line in a textile factory. Photo: Getty.

American Factories Heat Up as CEOs Take Production Out of China

Rattled by the most recent wave of strict Covid lockdowns in China, the long-time manufacturing hub of choice for multinationals, CEOs have been highlighting plans to relocate production.

A U.S. flag is displayed on a factory floor in Bowling Green, Kentucky. Photo: Bloomberg.

Labor Unrest Disrupts Supply Chains From Sky to Sea

Each wave of supply shock to hit the global economy during the pandemic seems to produce a different scapegoat.

A Deere & Co. worker holds a sign during a strike outside the John Deere Des Moines Works facility in Ankeny, Iowa. Photo: Bloomberg.

U.S. Sanctions Help China Supercharge Its Chipmaking Industry

China’s chip industry is growing faster than anywhere else in the world, after U.S. sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components.

Silicon wafers made by Taiwan Semiconductor Manufacturing Co. (TSMC). Photo: Bloomberg.

Automated Pricing Is Key to Surviving Inflation

As supply chain disruptions wreak havoc on energy and food prices, resulting in scaling price increases that haven’t been seen since 1981, inflation is unlikely to fall to pre-pandemic levels for some time.

Radishes are priced $2 per bunch at a market. Photo: Pexels.

Shipping Costs Soar as Russian Fallout Upends Global Fuel Flows

The dislocation of global fuel markets after Russia’s invasion of Ukraine has boosted the cost of shipping products such as diesel by sea.

An oil tanker is berthed at a Russian port. Photo: Getty.

Supply Issues Account for Half of Surge in U.S. Inflation, Study Says

Supply constraints, exacerbated by Russia’s war in Ukraine this year, account for about half of the surge in U.S. inflation, with demand currently making up a third of the increase, according to new research from the Federal Reserve Bank of San Francisco.

A truck stops at the Port of Long Beach. Photo: Bloomberg.

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