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Global Trade & Economics: Page 264

Shocks to Supply Chains Can Erase a Year’s Profit, McKinsey Says

Companies risk losing more than 40% of annual profit once a decade in a world threatened by trade wars, cyberattacks, pandemics and climate change, according to McKinsey & Co.

Source: Bloomberg

Beirut Explosion Destroys Tons of Lebanon’s Food Stocks

The huge explosion in Lebanon’s capital of Beirut tore through major grain silos, stoking fears of shortages in a nation that imports nearly all its food and is already reeling from economic crisis.

An Aug. 4 explosion tore through the Port of Beirut. Photo: Bloomberg.

The Father of Supply Chain Has a Message for Politicians

The father of modern supply chains is watching the biggest test of his invention with a sense of pride, some regret, and concern that drastic efforts to realign them will ultimately hurt consumers.

Source: Bloomberg

Trade Pact to Give Africa $450 Billion Boost, World Bank Says

An Africa-wide free-trade pact could bolster the region’s income by $450 billion and lift 30 million people out of extreme poverty by 2035.

Source: Bloomberg

New Country Resilience Index Showcases the Usual Suspects, Best and Worst

Much attention has been paid to the ability of individual companies and their supply chains to withstand disruptive events. But what makes an entire country resilient?

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

The Inside Story of How Europe Landed Its Massive Stimulus Plan

Rarely has a meeting of the European Union’s 27 leaders so dramatically exposed the divisions between them. And yet they’ve emerged at the end of it with an agreement that may well come to be considered a watershed in the long, uncertain process of EU integration.

EU flags wave outside the headquarters of the European Commission in Brussels, Belgium. Photo: Bloomberg.

U.S. Adds to Chinese Trade Blacklist, Rattling Supply Chains

Major supply chains including Apple Inc., Ralph Lauren Corp. and Tommy Hilfiger are getting caught up in the U.S. effort to punish human-rights abuses in China.

0422 Apple

Watch: What Are the Chances for Infrastructure Funding This Year?

Fred Wagner, an environmental attorney and partner in the law firm of Venable LLP, assesses the chances for a new bill that seeks to fund infrastructure improvements — as well as the prospects for any progress toward that end this year.

Watch: What Are the Chances for Infrastructure Funding This Year?

How to Deal With Longer Component Lead Times

Quick and efficient arrival of electronic components is essential for any equipment manufacturer to run successfully, but long lead times are increasingly causing halts in production. Here's a breakdown of today's blockages — and how to deal with the disruption.

0731 Electronic Components

Brexit Red Tape Is Becoming a Jackpot for Customs Pros

The next big money-making opportunity of Brexit has emerged: selling customs services.

0214 Brexit

Why the U.S. Can’t Break China’s Monopoly on Rare Earth Metals — Part 2

It's unrealistic to believe the U.S. can break China’s monopoly over the rare earth element market through private investment and the opening of new domestic mines.

Lithium ore falls from a chute onto a stockpile at Bald Hill Lithium and Tantalum Mine outside of Widgiemooltha, Australia. Photo: Bloomberg.

Apple iPhone Assembler Joins Wave of Tech Investment in India

Apple assembly partner Pegatron Corp. is making preparations for its first plant in India, adding to a large influx of foreign tech investments in the country this year.

Source: Bloomberg

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