Tag #Supply Chain Disruption

kathimerini.gr
🌐 85% Global Worthiness
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Spanish Ports Boom Amidst Red Sea Crisis

Due to over 100 Houthi attacks since November 2023 in the Red Sea, causing the sinking and seizing of ships, Spanish ports saw a 6% increase in cargo volume in 2024 as companies rerouted shipments to Southern Africa; Las Palmas and Barcelona experienced the highest growth.

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36% Bias Score

Industry, Innovation, and Infrastructure
bbc.com
🌐 75% Global Worthiness
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Holyhead Port Partially Reopens After Storm Damage, Businesses Count the Cost

Damage from Storm Darragh to Holyhead port on December 7th caused a month-long closure, affecting 2 million annual passengers and 1200 daily lorries, leading to significant financial losses for local businesses while only one berth will partially reopen Thursday.

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32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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US Sanctions on Russian Oil Send Brent Crude Prices Soaring

Widespread US sanctions on Russian oil, impacting 1.7 million barrels per day (25% of exports), caused Brent crude to surge above $80 a barrel on Monday, its highest since August, driven by expected supply disruptions to major buyers in India and China.

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48% Bias Score

Affordable and Clean Energy
bbc.com
🌐 75% Global Worthiness
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Holyhead Port Closure Causes Major Disruption to Ireland-UK Transport

The closure of Holyhead port in Wales due to Storm Darragh, initially scheduled to reopen December 20th, has been delayed until January 15th at the earliest, causing major disruption to the Ireland-UK transport link, affecting 1200 daily lorries and 2 million annual passengers; hauliers report signi...

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40% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
🌐 85% Global Worthiness
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US Port Strike: Trump's Support for ILA Exacerbates Supply Chain Crisis

Contract negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) over automation and other issues are causing significant disruptions to US ports, costing the US economy $5-7 billion per week, and President-elect Trump is supporting the ...

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40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Woolworths Strike Causes Liquor Shortages Across Victoria and NSW

Over 1,500 Woolworths warehouse workers in Australia have been striking since November 21st, causing significant stock shortages at Dan Murphy's and BWS liquor stores across Victoria and southern NSW due to disruptions at five distribution centers, resulting in a $50 million loss for Woolworths.

Progress

40% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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US Tariffs on China Risk Inflation, Prompting Measured Chinese Response

Economists warn that potential US tariffs on Chinese goods risk increasing inflation and slowing US growth; China plans measured internal market stimulation to counter this, aiming for around 5% GDP growth in 2025.

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40% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 85% Global Worthiness
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Global Risks Rise: Geopolitical Instability and Trade Disputes Top Business Leaders' Concerns

The World Economic Forum (WEF) reports that nearly 25% of 11,000 business leaders surveyed ranked geopolitical risks as their top concern for the next two years, up from fifth place in 2024, due to rising protectionism, trade disputes, and extreme weather events; disinformation also remains a major ...

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32% Bias Score

Peace, Justice, and Strong Institutions
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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US Solar Tariffs to Hike Prices, Disrupt Supply Chains

New US tariffs on solar cells from several Asian countries, including a doubled tariff on Chinese imports, are predicted to increase inflation, disrupt supply chains, and potentially slow down the US solar market's growth, despite incentives from the Inflation Reduction Act.

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44% Bias Score

Affordable and Clean Energy
smh.com.au
🌐 75% Global Worthiness
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Maritime Union Strikes to Disrupt Australian Ports Over Christmas

The Maritime Union's 24-hour strikes at several Australian ports operated by Qube, from December 23 to January 12, will disrupt the delivery of building supplies, machinery, and other bulk goods, escalating a months-long dispute over rostering despite Qube's 18% wage offer.

Progress

44% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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"Woolworths strike costs $50 million, leaves shelves empty"

"A strike by 1500 Woolworths warehouse workers in Victoria has caused $50 million in lost sales and empty shelves in stores, due to a new performance management system seen as excessive by the union. The strike, which began November 21st, highlights broader concerns about worker treatment in the war...

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48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 90% Global Worthiness
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China Bans Key Semiconductor Exports to US, Escalating Trade War

China banned exports of gallium, germanium, and antimony to the US, citing national security concerns, escalating trade tensions after the US announced restrictions on advanced chip sales to China; China holds a dominant share of global production for these minerals.

Progress

40% Bias Score