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Supply Chains in Crisis: Page 79

India Needs Major Reforms in Food Supply Management, Says RBI

These policy reforms will lead to efficiency and productivity gains and enable “stable prices for consumers, assured supplies and remunerative proceeds for farmers,” said the Reserve Bank of India.

Ahmedabad, India. Photo: Bloomberg

Suppliers' Spare Capacity During July Came Close to May 2020 Levels

The GEP Global Supply Chain Volatility Index fell for the sixth consecutive month during 2023 from -0.26 in June to -0.50 in July.

Photo: iStock.com/PaperFox

Geopolitical Tensions Forcing 35% of Importers to Reexamine Supply Chains

One in five importers from outside the U.K. have had to change their supply chains due to geopolitical tensions while another 15% are considering supply chain alterations.

Photo: iStock.com/SHansche

Ukrainian Naval Drones Attack Russian Black Sea Port

The strike on August 4 came after Russia hit numerous port and grain-terminal targets, disrupting Ukraine’s ability to export grain.

Photo: iStock.com/IherPhoto

OPEC+ Reaffirms Strategy as Saudis Extend Unilateral Oil Cut

A monitoring committee composed of the kingdom and other key OPEC+ nations recommended no changes to the coalition’s supply policy during an August 4 online meeting.

Photo: Bloomberg

An Urgent Call to Revive the U.S. Pharmaceuticals Supply Chain

Congress is finally acting to address the severe shortage of critical pharmaceutical drugs, a crisis long in the making that was laid bare by the COVID-19 pandemic.

Photo: iStock / SweetBunFactory

Saudi Arabia Extends 1M-Barrel Oil Cut, Says It Can Be Deepened

The leader of the Organization of Petroleum Exporting Countries (OPEC) will continue the cutback of 1 million barrels a day into September.

Photo: iStock.com/Guven Polat

Extreme Weather Could Hurt the Globe's Sugar Supply

Since June 2023, sugar prices have risen by 42% year-on-year with more increases expected during the second half of the year due to ongoing shortages.

Photo: iStock.com/Andrii Shablovskyi

Sunak Defends U.K.'s Decision to Grant 100 North Sea Oil and Gas Licenses

Sunak said the decision to grant the licenses was the right thing to do, arguing that the choice aligns with the country’s net-zero emissions goals.

Photo: iStock.com/tifonimages

Supply Chain Attacks: One of The Biggest Cybersecurity Threats of 2023

Supply chain attacks are extensive, meticulously planned, and take advantage of the trust between business associates and third-party software providers.

Photo: iStock.com/cemagraphics

Port Operators Agree to Tentative Labor Deal with Canadian Dockworkers

The two sides were able to reach a new deal with the help of the Canada Industrial Relations Board.

Port of Vancouver, Vancouver, Canada. Photo: iStock.com/limpers

East Palestine Train Derailment Has Cost Norfolk Southern Almost $1B

The organization said that it took a $416 million charge against its Q2 2023 earnings to cover the estimated ongoing clean-up costs of the derailment site.

Lithia, Virginia. December 2021. Photo: iStock.com/Wirestock

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