Chain Reaction Podcast SC News Round Up 16th July 2022

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All things impacting global supply chains this week.

  • Brent Crude under $100
  • Euro and US$ at parity
  • LNG Prices fall 1%
  • Is energy falling in price?
  • Nordstrum one closed for maintenance cutting gas to the EU
  • US Production down
  • Israel inflation
  • Heatwaves in Europe 40% – Going Up Climate Change Impact
  • China Economy has lower output in June
  • UK politics a distratction from economic realities
  • US Retails Sales Up as recession looks likely
  • China also heading for recession
  • Aston Martin attracts Saudi Wealth Fund as investor
  • Britain is updating its Typhoon Fighters
  • Berlin green government investing in nuclear energy as a consequence of Russia's invasion in Ukraine
  • Hydrogen investment by the EU $5.4bn (15 countries)
  • India monsoon accelerates crop planting
  • India  wholesale price index rises#
  • European car sales fall
  • US Government forges ahead with Chip4
  • No French Fries for Moscow
  • Amazon Prime Day Results Up
  • International Energy Agency wants more local production of solar panels in US
  • Tesla supply chain problems and inflation has forced prices up
  • The EU investigates practices at Amazon – Hefty fines are possible
  • Amazon has invested heavily in the UK and is creating more jobs
  • UK Rail strikes
  • BT strikes UK
  • Sports Direct cancels Frasers Fridays