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Supply Chains in Crisis: Page 81
India Extends Sugar Export Curbs in Risk to World Supply
The government will continue its curbs on overseas shipments of the sweetener beyond October 31, according to a notice from the Directorate General of Foreign Trade on October 18.
The Supply Impacts of the Gaza Conflict Depend on the War's Escalation
At least one shipping line has said that maritime operations have been normal at the Port of Ashdod as of October 9.
Prevalent Launches AI-Powered Virtual Third-Party Risk Advisor
The AI-powered program uses anonymized data to provide users with risk management insights based on various industry guidelines.
The U.S. Retail Sector Has Had the Biggest Rise in Injury and Illness Rates
The incident rate at general retail stores in the U.S. has grown from 4.1 accidents for every 100 workers in 2017 to 5.6 incidents per 100 workers in 2021.
UAW Resuming Negotiations After Expanding Strike to Ford's Biggest Factory
The decision by the UAW to expand strike actions to Ford’s Kentucky plant on October 11, which employs 8,700 workers, signified the strike's largest single walkout.
The Israel-Palestine Conflict Could Disrupt Trade Flows In and Out of the Region
The conflict could interrupt trade between Israel and other major markets, such as the U.S., Germany and India, over the next few weeks.
Carrier Global Launches Supply Chain Visibility and Mitigation Tool
Lynx Logix will identify trends, patterns and issues within distribution networks with features like lane risk profiling, distribution network mapping, AI, machine learning and situational awareness.
Russia, Saudi Arabia Extend 1.3M Barrel/Day Oil Cuts to the End of 2023
The reductions are part of previously announced voluntary cuts led by Russia and Saudi Arabia totaling 1.7 million barrels per day.
IMF Warns Fragmentation Imperils Food Security, Green Transition
Minerals critical for the green transition and highly traded agricultural products are especially vulnerable to “geo-economic fragmentation,” the IMF said October 3.
India to Cut Floor Price for Basmati Exports to Stay Competitive
The nation, which has curbed overseas sales of all grades of rice to control domestic food inflation, will reduce the minimum export price to $850 a ton from $1,200.
Retail Crime Led to Over $112B in Losses in 2022
The average shrink rate for the 2022 fiscal year grew to 1.6% from 1.4% in 2021, aligning with shrinkage rates seen in 2020 and 2019.
Indian Bodies Call for Temporary Pause on Rough Diamond Imports
The appeal only focuses on the voluntary suspension of importing rough diamonds, meaning Indian diamond manufacturers will be allowed to continue their operations without interruption.
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