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Global Trade & Economics: Page 236

What Does Russia's War Mean for Supply Chain Globalization?
The last global shock drove businesses everywhere to rethink supply chain risk and resilience, but many have yet to take action. This time, it may be different.
A Ukrainian flag stands near Maidan Nezalezhnosti, or Independence Square, in the center of Kyiv, Ukraine. Photo: Getty.
Chip Producers Tell Congress They’re Ready to ‘Go Bigger and Faster’
The chief executives of some of the largest U.S. chip manufacturing companies urged Congress to pass legislation that includes $52 billion in incentives for their industry, calling it “essential” to maintaining competitiveness with China and other countries.
An Intel Corp. chip sits on display. Photo: Bloomberg.
Russian Oil Seeps Into Global Market, Easing Supply Fears for Now
Millions of barrels of Russian oil are still finding a way to buyers almost a month after the country first invaded Ukraine.
Oil drums containing lubricant oil sit on a conveyor belt as they are prepared for shipping at the Royal Dutch Shell Plc lubricants blending plant in Torzhok, Russia. Photo: Bloomberg.
Ship Stuck Near D.C. Signals East Coast Ports’ Rush to Expand
The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo ships to sail more easily to America’s East Coast from Asia. Now, one of those giant vessels has been stuck near the U.S. capital for more than a week.
The Ever Forward container ship in the Chesapeake Bay after it ran aground near Baltimore in Pasadena, Maryland, on March 16. Photo: Bloomberg.
U.S., U.K. Reach Deal to Ease Tariffs on Steel and Aluminum
The U.S. and U.K. reached a deal to ease tariffs on British steel and aluminum, resolving a longstanding irritant as the nations work to strengthen trade and integration.
Rolls of steel in a warehouse. Photo: Shutterstock.
What Supply Chains Must Do to Comply With Sanctions Against Russia
Global businesses need to know precisely how they’ll be affected by the widening economic sanctions imposed by the U.S. and Europe against Russia, in response to its invasion of Ukraine.
A cargo ship at anchor in Kandalaksha, Russia. Photo: Getty.
Europe Can Endure Painful Transition to Live Without Russian Oil
The European Union would endure a short and painful transition if it halted Russian oil and coal imports, but with the help of its international partners the bloc could end its dependence on Moscow, a new study shows.
Pipework inside a gas storage facility in Kasimov, Russia. Photo: Bloomberg.
Port of Los Angeles Sees Record Volume in February
Cargo moving through the Port of Los Angeles jumped 7.3% in February, representing back-to-back record months to begin 2022.
An aerial view of Pier 400 at the Port of Los Angeles. Photo: Port of Los Angeles.
Carmakers Seen Producing 5 Million Fewer Vehicles After Russian Invasion
A closely watched auto-industry forecaster lopped more than 5 million cars off its projections for global production this year and next, largely due to fallout expected from Russia’s invasion of Ukraine.
Volkswagen SUVs are guided into storage bays inside one of the automaker's Autostadt delivery towers at VW headquarters in Wolfsburg, Germany. Photo: Bloomberg.
Growing Pains, Labor Woes: Five Supply Chain Challenges to Count On This Year
It’s time to take an honest look at what’s happening around us, learn from the past two years, and plan accordingly.
A worker surveys inventory on a warehouse shelf. Photo: C Technical/ Pexels.
When Will the Chip Shortage End? U.S., EU Spend Billions in Race to Beat China
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.
A detail of a silicon wafer is shown on the production line. Photo: Getty.
Europe Burns More Coal to Wean Off Russian Gas
European utilities are getting increasingly reliant on coal for power as the region tries to reduce its dependence on Russian natural gas.
Europes Coal Use
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