After 75 years of dollar dominance,the world risks splintering into rival blocs led by the US and China.
Boss of 169-year-old denim brand says supply chain resilience and agility now trump low-cost production
A new index of global supply chains indicates the crisis peaked late last year but the pressures remain acute.
It’s time for investors and consumers to sit up and take notice of the anaemic state of global supply chains,which are likely to get worse before they get better.
A truth that should be universally acknowledged is that cats are going to cat.
Shortages of aluminium,semiconductors:and a lack of shipping containers will all be hitting Australian consumers in the future.
The shortage of urea,the chemical compound of which the diesel exhaust fluid AdBlue is made,threatens Australia’s entire transport sector. It’s being driven by some of the key factors that have bedevilled global supply chains since the onset of the pandemic.
Joe Biden’s trade tsar has outlined the administration’s trade policies towards China. At face value not much changes from the tactics of the Trump era.
The US has lowered its proposed global minimum corporate tax rate to 15 per cent,making it more likely it will win support from other large economies.
It took six days to prise free a giant container ship that ran aground and clogged the Suez Canal,one of the world’s most crucial shipping arteries. It could take years to sort out who will pay for the mess.
The traffic jam at the Suez Canal will soon begin easing,but behemoth container ships such as the one that blocked that crucial passageway for almost a week and caused headaches for shippers around the world aren’t going anywhere.