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Supply Chains in Crisis: Page 83

Saudis, Russia Extend Their Oil-Supply Curbs to Year-End
The leader of the Organization of Petroleum Exporting Countries will continue its production cutback of 1 million barrels a day until December 2023.
Ras Tanura, Saudi Arabia. Photo: Simon Dawson/Bloomberg
China State Media Declares Huawei Phone a Victory in U.S. Tech War
Speculation swirled that the device achieved 5G capabilities, which would make it the first such handset since the Shenzhen-based electronics firm lost access to advanced chipmaking technologies in 2020.
Photo: iStock.com/fongfong2
Kroger DC Employee Death Being Investigated
Leaders from Teamsters Union #667 said that Tony Rufus died on a dock in front of his co-workers on August 25.
Kendallville, Indiana. Photo: iStock / jetcityimage
Indian PM Urges Critical Minerals Leaders to View Control as a “Global Responsibility”
Modi added that India could build an efficient and reliable supply chain in comparison to pre-COVID-19 supplies that “broke down” when the world needed them most.
Photo: iStock.com/Africanway
Trade Rep: China’s Rare Earths Dominance Can Lead to U.S. Vulnerability
U.S. Trade Representative Katherine Tai said that the U.S. is not where it wants to be in terms of supply chains and its reliance on China.
Photo: iStock.com/RHJ
Affirmative Action Is Out — But Supplier Diversity Is Here to Stay
For organizations that have dedicated years to nurturing their supplier diversity programs, what lies ahead?
Photo: iStock.com/Drazen Zigic
Over 80% of In-Store U.K. Shoppers Have Had Out of Stock Experiences in 2023
The number of in-store U.K. supermarket shoppers that said they dealt with items being out of stock was up 11% from 2022.
Photo: iStock.com/Halfpoint
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
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