A $60 a barrel price cap on Russian oil imposed in December 2022 was designed to deprive insurance from a tanker transporting oil at above the price cap.
A shift to shorter supply chains not only helps manage the unpredictability of costs, but also strengthens supply chain resilience by reducing dependency on distant suppliers.
That figure would cover the cost of 13 border-related programs to deal with physical checks on plant and animal imports and safety and security declarations.
The announcement from the People's Republic of China’s Ministry of Commerce is a signal that China will hit back in its trade disputes with the U.S. and Europe.
The U.K. government, desperate for medical equipment at the start of the pandemic, handed contracts to firms with little experience in manufacturing or procuring them.
Unions are demanding fair wages, collective bargaining agreements, access to Wi-Fi, and a dedicated system to handle grievances without fear of retaliation.