SC News 19th November

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SC News Round Up - All things impacting global supply chains this week with Tony Hines

• EU heads for recession and Germany is the worst affected country in the 27 country block. Shrinkage in Germany is forecast at 0.6%. Ireland looks to be the best performer.
• Falling out of love with the tech sector as it unfriends employees.
• Is China still a pro-business country? Covid lockdowns have forced many businesses away from China.
• California ports ban diesel trucks by 2035.
• Ports in New York and New Jersey lead the way at the expense of the troubled West Coast Ports.
• End of life textiles you think you are recycling end up in Africa.
• UK produced steel needs better policies to protect capacity.
• Amazon warehouses employing more intelligent robots with AI.
• COP 27 agrees loss and damage fund but most of the detail is deferred. There are too many big interests at play and politics is more important than the future.
• China Covid 19 cases increase in Beijing forcing lockdowns.
• Peak demand - Black Friday and Cyber Monday losing impact with consumers.
• Listen to the episode on Peak Season.
• FX insolvency poses questions about CEO moving funds to the Bahamas
• Carvanna sheds labor with used car sales falling due to interest rate increases.
• Tessla recalls 321000 cars because of a rear light problem.
• FIFA under pressure as they renegue on beer sales having even though they have sponsorship from Budweiser.
• Rail strikes could occur in the US.

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About Tony Hines and the Chain Reaction Podcast – All About Supply Chain Advantage
I have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. The latest edition is published in 2024 available from Routledge, Amazon and all good book stores. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon...