Chain Reaction Podcast News Round Up 17th December

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All things impacting global supply chains this week with Tony Hines

  • Demand for energy increases in Europe as cold spell takes hold.
  • War in Ukraine continues.
  • China may get back to normal in 2023.
  • Peak season -what peak season?
  • Manufacturing in the UK falls in 2022
  • Check out what has happened in US Tech sector jobs
  • Freight costs soften but what happens when China reopens for business
  • Chinese ports operating normally and zero COVID policy has ended 
  • Sea lanes getting back to normal
  • All change at the top at Maersk
  • Vancouver auto show cancels
  • Volitality still impacting global supply chains 
  • Will inflation fall in 2023
  • Are China suppliers less reliable and will that force businesses to shop elsewhere.
  • Germany's Due Diligence Act comes into force in January 2023.
  • 80 per cent of firms in SW UK experienced supply chain difficulties – Brexit remains an issue for these firms – says a study by Barclays Bank Corporate
  • 70 per cent of firms in Europe and the US have been forced to source goods elsewhere because of the war in Ukraine, Global Trade Difficulties and Brexit
  • Interest rates up in the UK and US this week – Inflation rates are lower but it is hoped that these new increases will dampen inflation further.
  • Bank of England rates at 14 year high 3.5%
  • Federal Reserve raised interest rates to 4.25-4.5%. In the US interest rates are at a fifteen year high.

Catch up with any episodes missed.


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