Sanctions are causing a shortage of microchips in Russia. Meanwhile, the U.S. and Europe are spending billions in a race to reduce reliance on imports just as China plans to turn itself into a chip powerhouse.
Russia’s invasion of Ukraine means the food inflation that’s been plaguing global consumers is now tipping into a full-blown crisis, potentially outstripping even the pandemic’s blow and pushing millions more into hunger.
Putin’s assault on Ukraine, and retaliatory steps designed to paralyze the Russian economy, are heaping new disruptions on supply chains that never recovered from unprecedented shocks caused by the pandemic.
While tight supplies of semiconductors are set to ease later this year, the next bottleneck is likely to come from growing demand for analog chips, which are increasingly being used in automobiles as they become electrified and autonomous.
Asia’s relentless buying of liquefied natural gas earlier this year has left the region so well stocked for winter that spot shipments are being diverted to energy-hungry Europe.
Coffee snobs have a lot to worry about right now. A global shortage of beans is already threatening to push up prices at cafes and supermarkets. Now, your morning cappuccino or latte might start leaving a bitter taste for other reasons too.
The latest supply chain news, analysis, trends and best practices for companies operating in Asia Pacific. The Asia Pacific region is the part of the world in or near the Western Pacific Ocean - including East Asia, South Asia, Southeast Asia, Australia and Oceania. Learn how businesses are optimizing supply chain and logistics performance in these regions - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and trade laws, unstable political climates and government controlled exchange rates.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.