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Think Tank
Regulation & Compliance: Page 185
Saudis, Russia Extend Their Oil-Supply Curbs to Year-End
The leader of the Organization of Petroleum Exporting Countries will continue its production cutback of 1 million barrels a day until December 2023.
China State Media Declares Huawei Phone a Victory in U.S. Tech War
Speculation swirled that the device achieved 5G capabilities, which would make it the first such handset since the Shenzhen-based electronics firm lost access to advanced chipmaking technologies in 2020.
South Korea Pledging More Financial, R&D Support for Shipbuilding
As part of the country’s three-pronged plan, the amount of government support issued for ship construction will increase from $91 million to $300 million.
Unfair Labor Practice Charges Filed Against GM and Stellantis by UAW
The charges claim that both companies refused to bargain in good faith over wages and benefits during contract negotiations held over the last six months.
India Exempts Some Nations from Rice Curbs for Food Security
The world’s top exporter agreed to sell 79,000 tons of non-basmati white rice to Bhutan, 50,000 tons to Singapore and 14,000 tons to Mauritius.
U.S. Now Restricting Nvidia A.I. Chip Exports to the Middle East
Nvidia said that the restrictions affected its A100 and H100 chips, which are used to improve machine-learning tasks on artificial intelligence applications like ChatGPT.
Australia Launches Review of National Freight and Supply Chain Strategy
The review, which was originally scheduled for 2024, will take place this year to ensure strong and resilient Australian supply chains.
Watch: How Can Delivery Drivers Thrive While Remaining Independent?
Peter Schlactus, co-founder and executive director of the Association for Delivery Drivers, explains how independent delivery drivers can retain their status, yet still have access to critical services such as training, certification and insurance.
Kroger DC Employee Death Being Investigated
Leaders from Teamsters Union #667 said that Tony Rufus died on a dock in front of his co-workers on August 25.
Investors Want U.K. Companies to Do More to Prevent Slavery in Supply Chains
The investors said they're concerned that not enough firms have shared their findings related to modern slavery in supply chains.
Indian PM Urges Critical Minerals Leaders to View Control as a “Global Responsibility”
Modi added that India could build an efficient and reliable supply chain in comparison to pre-COVID-19 supplies that “broke down” when the world needed them most.
American Airlines Fined $4.1M by DOT Over Tarmac Delays
Half of the $4.1 million will be credited to the airline to provide compensation for the almost 6,000 passengers impacted by the delays.
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