Using firm-level data from the global supply network, researchers from the Complexity Science Hub (CSH) quantified countries' exposure to production losses caused by firm defaults in other countries. According to their findings, wealthy nations are only exposed to supply chain disruptions from other high-income countries, while poor and developing nations are exposed to shocks from all countries.
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill
Taken together, Dimon said the three issues pose substantial unknowns.
The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing world output through headwinds from lingering high inflation, weak demand in China and Europe, and spillovers from two regional wars. The IMF forecast global real GDP
The Government has been urged to carry out a review of the UK's 'broken' medicine supply chain as costs soar and patients are left in pain.
[Sponsored] Closing supply chain gaps in innovating technology will reposition the industrial base to be a strategic source of value.
Australians have been warned the budget surplus could be tiny amid cost-of-living pressures and heightened global economic uncertainty with war in Europe and conflict in the Middle East. A month out from the federal budget, Treasurer Jim Chalmers has said a second surplus is “still our goal” despite a recent hit to revenue from falling […]
Congo‘s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into its supply chains and is demanding answers within three weeks. A group of international lawyers representing Congo said Thursday that they sent letters to Apple’s CEO Tim Cook and its French subsidiary this week, raising concerns about human rights violations involving the minerals extracted from mines in the country’s troubled...
Congo’s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into its supply chains and is demanding answers within three weeks.
Thousands of soldiers posted in the Middle East remain vulnerable to
As countries around the world urge Israel to show restraint and the threat of a multi-front war mounts, it’s clear that a direct Israeli attack on Iranian soil would lead to major fallout.
As countries around the world urge Israel to show restraint and the threat of a multi-front war mounts, it’s clear that a direct Israeli attack on Iranian soil would lead to major fallout.