News Round Up

Chain Reaction

• US Debt ceiling are we there yet? $31.2 Billion?
• G7 talks on AI regulation next week Hiroshima AI. Do we need international standards?
• My episode on AI and Supply Chains is out next week too, so drop by and listen to it.
• Price of Brent Crude falls to $73.6 this week. Are things levelling down?
• India imports 12 times more crude oild from Russia than just a year ago so what's going on?
• Shell had its AGM disrupted by climate change activists this week.
• Ford strikes a deal with Tesla to access superchargers for Ford Vehicles in the US.
• German economy is in recession. Consumer spending is down and energy prices have taken disposable incomes down. Government spending also reduced significantly. Investment is actually up. Will there be a recover soon?
• What is going on in the banking industry?
• Where have all the gold bars gone - long time passing. Well the UAE of course.
• Lowering the carbon content of imports. The EU plans to tax imports of high carbon goods and India is concerned with its steel and construction materials. It's all about hitting Net Zero Targets. Don't just tax it fix it.
• Transitioning to the Net Zero Economy is a big challenge.
• New battery plant for EV's in Georgia , Hyundai and LG
• LSE Research says UK departure from EU has caused higher than necessary food inflation.
• UK inflation falls to 8.7 per cent but food costs are still very high at 19.1 per cent.

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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...