Tag #Supply Chain

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bbc.com

🌐 85% Global Worthiness

Dec 24, 10:09

BYD Factory Construction Halted in Brazil Amid "Slavery-Like" Conditions

Brazilian authorities stopped construction of a BYD electric vehicle factory in Bahia after discovering over 160 workers living in "slavery-like" conditions, including withheld wages and passports, prompting BYD to cut ties with the responsible subcontractor.

BYD Factory Construction Halted in Brazil Amid "Slavery-Like" Conditions

Brazilian authorities stopped construction of a BYD electric vehicle factory in Bahia after discovering over 160 workers living in "slavery-like" conditions, including withheld wages and passports, prompting BYD to cut ties with the responsible subcontractor.

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Decent Work and Economic Growth

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What are the immediate consequences of the discovery of 'slavery-like' conditions at the BYD factory construction site in Brazil?

Brazilian authorities halted construction of a BYD electric vehicle factory in Bahia due to over 160 workers being found in conditions deemed as "slavery" by the Public Labour Prosecutor's Office (MPT). Workers faced withheld wages, passport confiscation, and severely substandard living conditions. BYD, having severed ties with the contractor, claims commitment to Brazilian law.

theguardian.com

🌐 85% Global Worthiness

Dec 24, 16:10

BYD Halts Brazil Factory Construction Amid Worker Exploitation

Brazilian authorities stopped construction of BYD's electric vehicle factory in Bahia after finding 163 Chinese workers in "slavery-like" conditions, including excessive hours, degrading living conditions, and passport withholding by contractor Jinjiang Construction Brazil, delaying the plant's Marc...

BYD Halts Brazil Factory Construction Amid Worker Exploitation

Brazilian authorities stopped construction of BYD's electric vehicle factory in Bahia after finding 163 Chinese workers in "slavery-like" conditions, including excessive hours, degrading living conditions, and passport withholding by contractor Jinjiang Construction Brazil, delaying the plant's Marc...

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Decent Work and Economic Growth

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What are the immediate consequences of the discovery of "slavery-like" conditions at BYD's Brazilian construction site?

Brazilian authorities halted construction of BYD's first electric vehicle plant outside Asia due to the discovery of 163 Chinese workers enduring "slavery-like" conditions, including excessive working hours, degrading living conditions, and passport withholding by contractor Jinjiang Construction Brazil. The plant, originally slated to open by March 2025, is now delayed.

dw.com

🌐 85% Global Worthiness

Dec 22, 19:09

DRC Sues Apple Over Conflict Minerals in Congolese Mines

The Democratic Republic of Congo filed a lawsuit against Apple in France and Belgium on December 17th, alleging the company uses conflict minerals from illegal Congolese mines, some operated by armed groups committing atrocities, raising concerns about Apple's supply chain practices.

DRC Sues Apple Over Conflict Minerals in Congolese Mines

The Democratic Republic of Congo filed a lawsuit against Apple in France and Belgium on December 17th, alleging the company uses conflict minerals from illegal Congolese mines, some operated by armed groups committing atrocities, raising concerns about Apple's supply chain practices.

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Peace, Justice, and Strong Institutions

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How do the alleged practices of Apple's suppliers contribute to the ongoing conflict and human rights abuses in the DRC?

The lawsuit specifically targets Apple's French and Belgian subsidiaries for allegedly smuggling Congolese raw materials via Rwanda, accusing them of "misleading commercial practices." The DRC seeks to confront individuals and companies involved in the extraction and trade of looted natural resources, highlighting the systemic issue of conflict minerals.

forbes.com

🌐 85% Global Worthiness

Dec 20, 01:09

Climate Change Drives Water Scarcity, Posing Major Economic Risks

Extreme droughts and floods in 2023 caused financial losses across industries due to climate change-intensified water scarcity; by 2050, some countries may experience a 15% GDP reduction, but investor initiatives are driving corporate efforts to improve water management.

Climate Change Drives Water Scarcity, Posing Major Economic Risks

Extreme droughts and floods in 2023 caused financial losses across industries due to climate change-intensified water scarcity; by 2050, some countries may experience a 15% GDP reduction, but investor initiatives are driving corporate efforts to improve water management.

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Clean Water and Sanitation

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What are the immediate financial impacts of climate-driven water scarcity, and what is the projected economic effect by 2050?

Climate change is intensifying water scarcity, causing financial losses across industries in 2023 due to droughts and floods, impacting supply chains and increasing crop prices. This poses significant financial threats to businesses and markets, with potential GDP reductions of up to 15% by 2050 in some nations, according to the Global Commission on the Economics of Water.

it.euronews.com

🌐 85% Global Worthiness

Dec 20, 16:12

Natural Gas Prices Surge to Two-Year High Amidst Cold Winter Forecast and Geopolitical Uncertainty

Natural gas prices hit a two-year high of \$3.66 per MMBtu on Friday due to a predicted cold winter increasing heating demand, geopolitical uncertainties impacting Russian supply, and decreased US supply in the past year. This follows a 40 percent year-on-year increase, despite a four-year low of \$...

Natural Gas Prices Surge to Two-Year High Amidst Cold Winter Forecast and Geopolitical Uncertainty

Natural gas prices hit a two-year high of \$3.66 per MMBtu on Friday due to a predicted cold winter increasing heating demand, geopolitical uncertainties impacting Russian supply, and decreased US supply in the past year. This follows a 40 percent year-on-year increase, despite a four-year low of \$...

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Affordable and Clean Energy

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What are the primary factors driving the recent surge in natural gas prices to a two-year high?

Natural gas prices have surged to a two-year high due to concerns about a cold winter, geopolitical uncertainties, and supply constraints. Benchmark natural gas futures climbed to \$3.66 per million British thermal units (MMBtu) in Asian trading on Friday, reaching their highest since January 2023, representing a 40 percent year-on-year increase. This rise is driven by anticipated increased demand and decreased supply, as colder-than-average temperatures are expected in the Northern Hemisphere, potentially boosting heating demand.

elmundo.es

🌐 75% Global Worthiness

Dec 20, 13:12

Spain's Methylphenidate Shortage to End in Early 2025

The Spanish Agency of Medicines and Medical Products (Aemps) reports that methylphenidate shortages for ADHD treatment, affecting patients since April 2024 due to increased global demand and production issues at Janssen-Cilag, will be resolved by early 2025 thanks to increased production from variou...

Spain's Methylphenidate Shortage to End in Early 2025

The Spanish Agency of Medicines and Medical Products (Aemps) reports that methylphenidate shortages for ADHD treatment, affecting patients since April 2024 due to increased global demand and production issues at Janssen-Cilag, will be resolved by early 2025 thanks to increased production from variou...

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Good Health and Well-being

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What factors contributed to the methylphenidate shortage in Spain, and how did this impact healthcare professionals and patients?

Global demand and production limitations at Janssen-Cilag (80% market share, 12.6% lower sales in 2024) caused widespread methylphenidate shortages in Spain. This impacted other manufacturers, leading to recommendations from Aemps, AEPNyA, AEP, and SEPSM to mitigate patient impact. Liconsa's production increase aims to alleviate the shortage.

zeit.de

🌐 85% Global Worthiness

Dec 24, 10:09

Brenner Motorway Faces Major Disruption Due to Bridge Closure

Starting January 1st, 2025, Austria's Brenner motorway will see major traffic disruptions due to the one-lane restriction on the Lueg bridge for safety reasons. The bridge's €390 million renovation, lasting until 2030, necessitates this, causing significant delays, especially for the 2.5 million tru...

Brenner Motorway Faces Major Disruption Due to Bridge Closure

Starting January 1st, 2025, Austria's Brenner motorway will see major traffic disruptions due to the one-lane restriction on the Lueg bridge for safety reasons. The bridge's €390 million renovation, lasting until 2030, necessitates this, causing significant delays, especially for the 2.5 million tru...

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Industry, Innovation, and Infrastructure

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What are the immediate impacts of the Lueg bridge's lane reduction on traffic flow and the broader Austrian economy?

Austria's Brenner motorway will face significant traffic disruption starting January 1st, 2025, due to safety concerns regarding the Lueg bridge. The 1.8km bridge, over 50 years old, will be reduced to one lane for most of the year, causing major delays. Full-scale renovation, costing nearly €390 million, begins in March 2025 and is expected to last until the end of 2030.

usa.chinadaily.com.cn

🌐 85% Global Worthiness

Dec 23, 07:08

China's Trade Fairs: Driving Global Supply Chains

China's physical trade fairs, such as the China International Supply Chain Expo and Canton Fair, attract global buyers seeking direct engagement with suppliers, showcasing a wide range of products from traditional goods to cutting-edge technologies like electric vehicles and humanoid robots, highlig...

China's Trade Fairs: Driving Global Supply Chains

China's physical trade fairs, such as the China International Supply Chain Expo and Canton Fair, attract global buyers seeking direct engagement with suppliers, showcasing a wide range of products from traditional goods to cutting-edge technologies like electric vehicles and humanoid robots, highlig...

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Decent Work and Economic Growth

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How do China's regional industrial clusters and supply chain networks contribute to the success of its trade fairs?

The success of China's trade fairs stems from the country's extensive industrial networks and supply chains across regions like the Yangtze River Delta and Guangdong-Hong Kong-Macao Greater Bay Area. These fairs facilitate seamless transitions from initial product discovery to on-site factory visits, optimizing the buying process. The showcased products, ranging from traditional goods to cutting-edge technologies, attract a diverse range of global buyers.

nrc.nl

🌐 55% Global Worthiness

Dec 22, 10:06

UK Christmas 2024: Strikes, Traffic Chaos, and Tree Shortages Threaten Festive Season

Concerns are rising in the UK over potential Christmas disruptions due to Amazon worker strikes, traffic chaos in major cities like Manchester and London, and Christmas tree shortages caused by bad weather and an invasive insect.

UK Christmas 2024: Strikes, Traffic Chaos, and Tree Shortages Threaten Festive Season

Concerns are rising in the UK over potential Christmas disruptions due to Amazon worker strikes, traffic chaos in major cities like Manchester and London, and Christmas tree shortages caused by bad weather and an invasive insect.

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What immediate threats endanger the smooth celebration of Christmas Day in the UK this year?

The Daily Mail reports that Amazon workers in the UK are striking six days before Christmas, causing anger among online shoppers. BBC News warns of traffic chaos in Manchester during the week before Christmas, while The Daily Telegraph reports that London cabbies expect the worst traffic ever on Christmas Day due to roadworks, blaming Mayor Sadiq Khan for poor planning. These issues, alongside concerns about Christmas tree shortages due to weather and insect damage, threaten the smooth running of the Christmas season in the UK.

apnews.com

🌐 85% Global Worthiness

Dec 20, 13:12

Global Butter Shortage Drives Up Prices Across Europe

The price of butter has risen sharply across Europe, up 19% on average in the EU from October 2023 to October 2024, due to global milk shortages caused by factors including reduced milk production in the US and New Zealand, higher energy costs, disease outbreaks, and falling milk prices discouraging...

Global Butter Shortage Drives Up Prices Across Europe

The price of butter has risen sharply across Europe, up 19% on average in the EU from October 2023 to October 2024, due to global milk shortages caused by factors including reduced milk production in the US and New Zealand, higher energy costs, disease outbreaks, and falling milk prices discouraging...

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Zero Hunger

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How are governments and businesses in Europe responding to the rising cost of butter, and what are the varying impacts across different countries?

This butter shortage is a global issue stemming from reduced milk production in several key regions, including the US and New Zealand. Economists cite factors such as higher energy costs due to the war in Ukraine, falling milk prices discouraging investment, and disease outbreaks as contributing causes. In Poland, the government even released 1,000 tons of butter from its strategic reserves in an attempt to stabilize prices.",

dw.com

🌐 85% Global Worthiness

Dec 20, 22:07

DRC Sues Apple Over Alleged Smuggling of Conflict Minerals

The Democratic Republic of Congo is suing Apple, alleging its subsidiaries smuggled conflict minerals from Congolese mines via Rwanda, contributing to human rights abuses and armed conflict; Apple denies the allegations, citing its supplier oversight and conflict mineral reporting.

DRC Sues Apple Over Alleged Smuggling of Conflict Minerals

The Democratic Republic of Congo is suing Apple, alleging its subsidiaries smuggled conflict minerals from Congolese mines via Rwanda, contributing to human rights abuses and armed conflict; Apple denies the allegations, citing its supplier oversight and conflict mineral reporting.

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No Poverty

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What immediate actions or changes are being demanded from Apple as a result of the DRC's lawsuit regarding conflict minerals?

The Democratic Republic of Congo (DRC) is suing Apple, alleging that its French and Belgian subsidiaries are complicit in smuggling Congolese raw materials, including 3T minerals (tin, tantalum, tungsten) and gold, via Rwanda. These materials originate from mines operated by armed groups responsible for numerous human rights abuses, including massacres and mass rapes, according to UN experts and human rights groups. The lawsuit aims to expose the use of conflict minerals and hold Apple accountable for its supply chain practices.

usa.chinadaily.com.cn

🌐 85% Global Worthiness

Dec 19, 04:09

China Unveils Logistics Plan to Boost Manufacturing Competitiveness

China plans to reduce logistics costs from 14.4% to 13.5% of GDP by 2027, focusing on rail freight expansion, multimodal transport integration, and aligning industrial clusters with logistics hubs to boost manufacturing competitiveness and supply chain resilience.

China Unveils Logistics Plan to Boost Manufacturing Competitiveness

China plans to reduce logistics costs from 14.4% to 13.5% of GDP by 2027, focusing on rail freight expansion, multimodal transport integration, and aligning industrial clusters with logistics hubs to boost manufacturing competitiveness and supply chain resilience.

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What specific measures are being implemented to optimize China's logistics network, and what are the expected outcomes?

This initiative focuses on optimizing the logistics ecosystem, not just price reduction. Key strategies include improving rail freight (currently underutilized at 20% of freight turnover compared to 40% in the US), promoting multimodal transport, and integrating advanced manufacturing with modernized logistics infrastructure. This aims to create a more efficient and cost-effective system.

Showing 217 to 228 of 302 results