News Round Up 17th December

All things impacting global supply chains this week with Tony HinesDemand for energy increases in Europe as cold spell takes hold.War in Ukraine continues.China may get back to normal in 2023.Peak season -what peak season?Manufacturing in the UK falls in 2022Check out what has happened in US Tech sector jobsFreight costs soften but what happens when China reopens for businessChinese ports operating normally and zero COVID policy has ended Sea lanes getting back to normalAll change at the top at MaerskVancouver auto show cancelsVolitality still impacting global supply chains Will inflation fall in 2023Are China suppliers less reliable and will that force businesses to shop elsewhere.Germany's Due Diligence Act comes into force in January 2023.80 per cent of firms in SW UK experienced supply chain difficulties - Brexit remains an issue for these firms - says a study by Barclays Bank Corporate70 per cent of firms in Europe and the US have been forced to source goods elsewhere because of the war in Ukraine, Global Trade Difficulties and BrexitInterest rates up in the UK and US this week - Inflation rates are lower but it is hoped that these new increases will dampen inflation further.Bank of England rates at 14 year high 3.5%Federal Reserve raised interest rates to 4.25-4.5%. In the US interest rates are at a fifteen year high.Catch up with any episodes missed. 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. ...