News 19th August

All things impacting global supply chains this week with Tony Hines.Oil prices have fallen this week as demand has fallen.Inflation in the UK falls as the latest CPI figure hits 6.8% a fall of 1.1% on the previous months. Gas price falls have underpinned the fall in the index.Consumer's in the UK are feeling the pinch as the cost of living crisis bites.An attitude survey in the UK showed that the majority of people polled thought that Railways and Utility Companies ought to be in public ownership to protect services.The US imposed import duties on solar panels finished in South East Asia to avoid tariffs on products coming directly from China.California automobile regulators investigate cause of crashes.Automobile Association UK said that EV's do break down more than combustion engine vehicles but not by as much as is often claimed according to their call logs.Chinese auto maker brands are not known in Europe and consumers are sceptical about purchasing Chinese brands.Government targets to increase wind-power targets look expensive and unrealistic. They would have to increase capacity fivefold with $27 billion  investment to get there. The central bank in Russia raises interest rates by 3.5% to 12% in an attempt to defend the exchange rate of the rouble.Send us Fan MailSupport the show THANKS FOR LISTENING PLEASE SUPPORT THE SHOW You can support the podcast by following the link here. It makes a big difference and helps us make great content for you to listen to. Follow like and share the Chain Reaction Podcast with colleagues and friends on social media: Facebook, Twitter, LinkedIn.News about forthcoming programmes click hereSHAREPlease share the link with others so they can listen too https://chainreaction.buzzsprout.com/shareLET US KNOWIf you have any comments, suggestions or questions then just direct message on Linkedin or X (Twitter)REVIEW AND RATE If you like the show please rate and review it. Every vote helps.About Tony Hines and the Chain Reaction Podcast – All About Supply Chain AdvantageI 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. ...