WASHINGTON—Worldwide supply shortages have led to price hikes for raw materials in recent months raising production costs for many businesses. Due to the “depth and breadth of supply chain disruptions” economists expect consumer prices to continue to rise for some time. According to a recent report by Institute of International Finance (IIF), the supply disruptions…
Supply Chain Chaos; What’s in a Teacher’s Gaze; GMO Mosquitoes Cause Concern
May 15, 2021
admin
Colonial PipelineEpoch TVgmo mosquitoesmicrochipsNews & Commentarypandemicstudent eye contactsupply chainThe Nation SpeaksVideo
0 Comment
We’re running out of a lot of things these days: toilet paper, micro chips, and most recently now gasoline. How are they connected? It all comes down to weak supply chains. Is it a sign of more to come? That’s what we ask our experts, Nada Sanders, distinguished professor of supply chain management at Northwestern…
EU Unveils Plan to Cut Dependency on China, Others
May 5, 2021
admin
ChinaChina Business & EconomyCOVID-19 pandemiceconomic slumpEuropeindustrial strategysupply chainWorld
0 Comment
BRUSSELS —The European Union unveiled on Wednesday a plan to cut its dependency on Chinese and other foreign suppliers in six strategic areas like raw materials, pharmaceutical ingredients, and semiconductors after the pandemic-induced economic slump. The 27-nation bloc outlined the urgency of the task citing Europe’s reliance on China for about half of 137 products…
QUAD Summit Discusses Rare Earth Supply Chain Independent of China
NEW DELHI—The QUAD nations, the United States, India, Japan, and Australia met for their first leadership-level summit on March 12 and decided to convene a Critical and Emerging Technology Working Group with an aim among other things to convene dialogues on critical technology supply chains. Critical technology supply chains indispensably rely on rare earth metals,…
Tackling Supply Chain Vulnerabilities Comes With Challenges
The pandemic and border closures have highlighted the need to bolster vulnerable supply chains to ensure that important needs are met and that business and daily activities aren’t disrupted. But there are a variety of challenges to overcome internationally as well as at home at the federal and provincial government levels and with private industry….
Target to Invest $4 Billion Annually to Cement Pandemic Market Share Gains
Target will invest $4 billion annually over the next several years to open more stores, upgrade existing ones, and build out its supply chain as the retailer tries to cement market share gains made during the COVID-19 pandemic. The announcement on Tuesday comes after the company reported a 21 percent jump in holiday quarter revenue…
US May Boost Rare Earths Mining to Counter Threat From China
WASHINGTON—The Chinese communist regime has recently signaled that it could leverage its dominance in rare earth minerals, raising alarm bells in the United States. The threat has prompted the Biden administration to take action to reduce U.S. reliance on China for rare earth metals that are used in everything from smartphones to electric vehicles to…
US Manufacturing Expanded in February at Fastest Pace 3 Years
WASHINGTON—U.S. manufacturing expanded in February at the fastest pace three years with the arrival of a surge in new orders. The Institute for Supply Management reported Monday that its gauge of manufacturing activity rose to a reading of 60.8 percent last month, 2.1 percentage-points above the January level of 58.7 percent. It was the strongest…
Mexico Wants to Participate in Restoring Supply Chain for Chips, Critical Goods in North America
February 27, 2021
admin
AmericasBusinessEconomieseconomyExecutive BranchMexicoPoliticssupply chainUnited States-Mexico-Canada AgreementUSUS NewsUSMCAWorld
0 Comment
Mexican Economy Minister Tatiana Clouthier told U.S. Secretary of State Antony Blinken in a virtual meeting on Friday that Mexico wants to be a supplier of chips and other critical goods for North America. Clouthier said in her remarks before the meeting that Mexico wants to be a part of efforts to restore the supply…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`
Supply Chain Chaos; What’s in a Teacher’s Gaze; GMO Mosquitoes Cause Concern [Coming 5/15 6pm ET]
We’re running out of a lot of things these days: toilet paper, micro chips, and most recently now gasoline. How are they connected? It all comes down to weak supply chains. Is it a sign of more to come? That’s what we ask our experts, Nada Sanders, distinguished professor of supply chain management at Northwestern…