News Round Up

News Round Up all things impacting global supply chains this week. We begin October with a full round up of what has happened.

• UK Government mini budget crashes economy with pound falling as Bank of England steps in
• Listen to the special edition on Casino Economics
• Economics the dismal science and a return to supply side economics with Thatcher’s legacy having an encore with Liz Truss Government
• Nordstream Gas Explosions permanent damage or Putin posturing some think
• Strikes in railways and ports impacting supply chains -Felixstowe and Liverpool in the UK are affected
• Easy jet seeking to stop carbon offsetting and investing in technologies that prevent emissions directly
• Disruptions at Oakland and elsewhere 
• New York and New Jersey are officially the number one port in the US
• Profits on the Oceans of the world – Maersk break quarterly record
• Hurricane Ian impact on the East Coast in Florida and the Carolina’s
• China ramps up oil production
• Europe’s scramble for LNG
• Turkstream pipeline maintenance
• Geopolitical risks and continuing energy shortages
• Germany to supply Ukraine with air defence systems
• Poland supply of gas increases with new pipeline
• Spanish regional government new rules to address unfair competition
• President Xi Jinping hails China’s new passenger jet C919
• Russia lose their seat on the UN Aviation Council
• Greece and Bulgaria open new pipeline for gas supply
• China request for MRNa code from Moderna rejected
• Semi-conductor supply chains remain tight
• US Consumer spending up but still impacted by inflation
• Arrival misses production target

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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…