SC News Round Up 23rd July 2022

All things impacting global supply chains this week.Inflation continues to riseCentral banks raise interest ratesNord Stream 1 closed since 11th July for maintenance cuting gas supplies to Europe through Poland and GermanyConsumers feel the pinch as inflation pushes costs upProduct price inflation risning because of energy and fuelCPI 9.4 % in the UK similar highs in the EU and USThe Federal Reserve says 40% chance of recessionHeat waves caused empty shelves in the UKExtreme heat is becoming normalAirbus Chief expects supply chain woes to continue into 2023Aircraft Industry has supply chain issuesBaker Hughes Texas hit by exit costs from RussiaMarks and Spencer takes over GIST taking control of its food supply chainFed Ex contractors unhappyOakland Port California problems AB5 New Gig Laws to blame - Dwell times increaseUK fuel for vehicles rising despite wholes price fallsPort of Dover UK experience port congestion because of border controls applied after BrexitNord Stream UpdateOil prices fall as Libya increases outputEurozone business activity declined in the past yearTurkey brokers a deal to release grain from Ukraine Black Sea PortsEU takes action over the Norther Irish ProtocolSend 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. ...