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Global Trade & Economics: Page 230

Europe’s Heat Wave Threatens Key Shipping Waterway
The water levels in a crucial waterway in Europe’s economic heartland are running dangerously low in the region's searing heat, posing another risk to global supply chains.
An aerial view of barges on Europe's Rhine river. Photo: Getty.
Russian Odesa Missile Strike Tests Ukraine Grain Export Deal
Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a vital step toward alleviating a global food crisis.
A grain truck drives near a field of wheat. Photo: Shutterstock.
Jeep’s China Failure Sends Foreboding Signal to Global Carmakers
It was one of the very first international auto brands to enter China, widely recognized by consumers and understood by its owners to have huge potential. And yet, Jeep is shutting down its only plant in the world’s largest market.
A Jeep Grand Cherokee 4xE electric vehicle is unveiled by Stellantis NV during the 2022 New York International Auto Show (NYIAS). Photo: Bloomberg.
Russia Resumes Nord Stream Gas Flow, Bringing Europe Respite
Russia began sending natural gas to Europe through the Nord Stream pipeline system after a pause, bringing relief to a continent whose economy is starting to wobble under the strain of reduced supplies.
Pipework inside a gas storage facility in Kasimov, Russia. Photo: Bloomberg.
Eurozone Raises Interest Rates for First Time in 11 Years
The European Central Bank (ECB) has raised interest rates for the first time in more than 11 years as it tries to control soaring eurozone inflation.
More Companies Offer Supply Chain Financing to Vendors
Shipping logjams and strains over inventories are raising the profile of supply-chain finance.
Late U.S. President Abraham Lincoln is seen on a five dollar bill. Photo: Pexels.
Truck Protests Bring Port of Oakland Close to a Standstill
Truckers protesting the new California law that toughens the definition of nonemployee drivers have effectively shut down operations at the Port of Oakland.
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.
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