HAYS, Kansas—The view from a Midwest Energy bucket truck 62 feet above the barren corn fields in Ellis, Kansas, is not for the faint of heart or height in early January. Steady nerves and hands are an absolute must to work on the utility poles stretching for miles in every direction. One careless touch could…
Power Line Workers in High Demand Fueled by Wave of Retirements, Industry Growth
Massive COVID Surge Across China Sparks Global Concern Over Virus Mutation, Supply Chain Breakdown
December 22, 2022
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Asia & PacificCCP VirusChinaChina Business & EconomyChina Human RightsChinese RegimeCOVID surgeINSIDE CHINAInternational Relationspandemicsocial controlSpecial Topicssupply chainUSUS-China relationsvirus mutationWHOWorld
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As a mass wave of COVID infections sweeps through China, the World Health Organization (WHO) and governments around the world are anxious about the potential emergence of a dangerous new virus variant that could further drag down the global economy. With Beijing now gripped by the virus, the variant has also rapidly spread across China….
CCP Continues to Seek Capital From the West as China’s Economy Deteriorates: Expert
The Chinese Communist Party is continuing to seek capital from the West in the hopes of buttressing its domestic economy struggling with the ongoing effects of the regime’s strict zero-COVID policy, according to China expert retired Brigadier Gen. Robert Spalding. “There’s this competing effort happening where many of the Chinese proxies … are trying to help…
Apple Adjusts Global Supply Chain, Shifting Production from China to India
November 22, 2022
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airpodsappleApple IncAsia & PacificBusiness & MarketsChinaChina Business & EconomyCompaniesFoxconngoertekIndiaiPhoneLuxshareMedia & Big TechPegatronsupply chainTamil NaduwistronWorld
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Amid economic and policy uncertainty in China, the bulk of Apple’s manufacturing is shifting to India. Many suppliers in Apple’s Chinese supply chain have either stopped recruiting or are laying off workers, while Apple’s contract manufacturers in India are furiously hiring. In Shanghai, Pegatron, the second-largest contract manufacturer of Apple in China (after Foxconn) and…
Taiwan’s Exports to China Hit New Low as Chinese Economy Weakens
November 16, 2022
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Asia & PacificBusiness & MarketsChinaChina Business & EconomyClean Networkeconomyhigh inflationHong Konginterest rate hikessupply chainTaiwanTaiwan Exportstrade surplusUS-China relationsweakening economyWorld
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In October, Taiwan’s exports to mainland China and Hong Kong fell 9.2 percent from a year earlier, the lowest in nearly 20 months, the Ministry of Finance (MOF) said on Nov. 8. Beatrice Tsai, director-general of the MOF Department of Statistics, said the numbers are indicators of China’s weakening economy. Meanwhile, Taiwan’s trade surplus from…
Christmas at Risk: Supply Chains Falter as Port Towage Operator Suspends Half of Workforce
Supply chains in Australia are on the edge of a new crisis that may put Christmas at risk due to an escalating industrial dispute between a towage operator and unions. On Nov. 14, the Danish tug boat company Svitzer, which is the largest employer of seafarers in Australia, announced that it would lock out about…
Electric Vehicle Makers Are Taking Losses Due to Sky-High Manufacturing Costs
November 14, 2022
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Business & MarketsCompanieseconomyelectric vehicleenergyInvestmentMarketsoperational costssupply chainUSWorld
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Electric vehicle (EV) makers are burning through cash, as they are slammed with sky-high operational costs worldwide due to inflation. The EV automakers are failing to hit their delivery targets and are taking a financial loss due to higher prices, according to quarterly reports published over the past two weeks, reported Reuters. Meanwhile, the rising cost…
Choked by Our Own Supply Chain
Commentary Middle East oil restrictions are about to slam a once energy-independent America, President Biden is pardoning potheads, and a TV interview has exposed the Pennsylvania Senate candidate who was in the lead as visibly speech-impaired due to his stroke earlier this year. So all that talk we heard months ago about the supply chain…
Having a Good Bug Out Bag is Essential for Natural and Man-Made Disasters: Experts
“Bugging out” is a term widely used in military circles for quickly vacating a dangerous location with minimal supplies. Among survivalists and “preppers,” a “bug out bag” is anything containing items crucial to survival, usually lasting a minimum of three days. “Generally, it is a bag for when you need to leave a location to…
Pentagon Pushing to Minimize Chinese Presence in Defense Department Supply Chains
September 19, 2022
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Business & MarketsMarketsNational SecurityPolicies & Impactsrare earth elementssupply chainU.S. Department of DefenseUS
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The U.S. Department of Defense (DOD) is taking steps to ensure that American defense companies decouple from supply chains involving China as much as possible. The American military’s reliance on Chinese inputs came into the spotlight earlier in September when the Pentagon halted deliveries of fifth generation F-35 fighter jets after it was found that…
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