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This week’s R&D covers global supply chain bottlenecks. As an effect of the COVID-19 pandemic and its associated shutdowns, the world is facing a massive supply chain crisis. Prices of groceries, automobiles, and energy sources are skyrocketing and the lack of resources is making things difficult for large and small businesses alike. In the United States, the Biden administration has committed to keeping West Coast shipyards open 24/7, while also modifying truck driver licensing requirements. However, experts warn that it could take more than a year to undo the damage.
China’s energy crisis threatens lengthy disruption to global supply chain https://t.co/uH5NkpMgsR
— Financial Times (@FinancialTimes) October 17, 2021
“The White House has stumbled into a messaging problem when it comes to higher prices and empty shelves,” writes @jimantle: https://t.co/YVlZbIUCIu
— The Week (@TheWeek) October 21, 2021
Fears grow as UK factories hit by worst supply chain shortages since mid-70s https://t.co/6OIOGtKCe0
— The Guardian (@guardian) October 21, 2021
Analysis: How the global supply chain crisis is posing a political problem for President Biden https://t.co/OUt4doyZP3
— The Washington Post (@washingtonpost) October 14, 2021
How did the global supply chain issues begin? How will they impact you? We’ve got you covered. https://t.co/mJQ2QJlitR
— Los Angeles Times (@latimes) October 15, 2021
The supply-chain crisis will likely result in production networks more resilient to surprises but less able to delight consumers with ever more choice at ever lower cost, writes Greg Ip. https://t.co/k5u3NRZ2K6
— Real Time Economics (@WSJecon) October 21, 2021
The supply chain meltdown will make holiday shopping messy this year.
Expect delays, limited inventory and higher prices but, most importantly, start early. https://t.co/4znAZWSUoI
— The Washington Post (@washingtonpost) October 21, 2021
Russia’s state-owned gas giant, Gazprom, is in a unique position amid Europe’s energy crisis. But will it take actions to alleviate the energy shortage on the rest of the continent?https://t.co/vTtz3ATBqN
— Foreign Policy (@ForeignPolicy) October 21, 2021
The port of Los Angeles managed to process a record amount of cargo in September. Joe Biden’s idea of opening the port 24/7 leading up to Christmas will simply add to the sense of distress felt by supply chain workers, says our @ftalphaville team https://t.co/OHOmcTcEH2
— Financial Times (@FinancialTimes) October 20, 2021
Global supply chain problems could drag on for ‘several months’ as shipping companies struggle to bridge a ‘supply-demand mismatch’ and counter a persistent shortage of containers, the head of the World Trade Organization has said https://t.co/xx3s3Ffgpz
— Financial Times (@FinancialTimes) October 19, 2021
Power cuts in China. Coal shortages in India. Spikes in electricity prices across Europe.
The first big scare of the green era reveals grave problems with the transition to clean energy.
Click to read why a redesign of global energy markets is needed 👇
— The Economist (@TheEconomist) October 17, 2021
Biden needs to stop making it worse.
That means he must resist spreading California’s job-killing labor and environmental mandates across the country.
Read @profstonge: https://t.co/q1z3MA0ipk
— Heritage Foundation (@Heritage) October 21, 2021