Global Trade & Economics

When Will the Chip Shortage End? U.S., EU Spend Billions in Race to Beat China

March 16, 2022

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.

Europe Burns More Coal to Wean Off Russian Gas

March 14, 2022

Bloomberg

European utilities are getting increasingly reliant on coal for power as the region tries to reduce its dependence on Russian natural gas.

THE SCB PODCAST

Podcast | Is Mexico Violating the USMCA on Biotech Imports?

March 11, 2022

Robert J. Bowman, SupplyChainBrain

Trade in agricultural products between the U.S. and Mexico is massive: the U.S. ships nearly $20 billion in farm exports to Mexico each year. But that relationship could be in jeopardy.

Fuel-Price Hikes Hit Shippers, Truckers Across U.S. Economy

March 11, 2022

Bloomberg

Soaring U.S. energy prices are hitting all modes of transport, squeezing smaller shipping lines amid already-volatile ocean rates, as well as truckers who have to contend with delays in clawing back higher costs.

Russia Bans Export of 200 Products After Suffering Sanctions Hit

March 10, 2022

Bloomberg

Russia announced an export ban for more than 200 products after the economy was hit by sanctions over the invasion of Ukraine. It stopped short of curbing sales of energy and raw materials, the country’s biggest contribution to global trade.

Russia’s War Puts Shipping’s Tentative Recovery in Jeopardy

March 10, 2022

Bloomberg

Russia’s ongoing invasion of Ukraine has the shipping industry bracing for new shocks to its labor force, which relies on experienced crew from both countries.

U.S. Oil Production Will Cushion Price Hit to Economy, Eventually

March 10, 2022

Bloomberg

Any increased capital spending by U.S. oil and gas producers in response to the surge in crude price should help soften the blow to the economy from an expected pullback in consumer spending. It just won’t be anytime soon.

VIDEO

Watch: The State of the Warehouse and Industrial Real Estate Market

March 10, 2022

Robert J. Bowman, SupplyChainBrain

Alex Cohen, chief executive officer of Liberty SBF, reviews current trends in demand for warehouse and industrial space, and how owners are acquiring financing in difficult times.

Can Europe Weaken Putin’s Power Over Global Energy?

March 9, 2022

Bloomberg

The war in Ukraine has already revealed that the modern financial system can be weaponized in ways never before seen. Now the same might be true of the energy transition.

War in Ukraine Triggers Global Food Emergency

March 9, 2022

Bloomberg

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.