A number of logistics companies and shipping companies around the world said that in view of the current tension in the Russian-Ukrainian conflict, in order to ensure the safety of relevant personnel, they will suspend delivery services to Russia and Ukraine. --Maersk-- On March 1, Maersk’s official website issued an announcement stating that it had noticed the impact of the incident on the global supply chain, such as the delay and detention of goods at various transit hubs – resulting in unpredictable operational impacts in general. With the stability and security of its operations already directly and indirectly [...]

In addition to the harshest economic sanctions imposed by Russia in history, an anti-Russian social movement marked by "de-Russification" is in full swing. Tech  Facebook's parent company Meta, Google and YouTube have announced a ban on Russian state media from advertising on their platforms. In addition to deactivating Apple Pay in Russia, Apple has also suspended all product sales in Russia. Allies of the United States, such as Japan and South Korea, have also expressed their positions in recent days to join the sanctions. Wafer foundries such as Samsung and TSMC have announced that they will "comply with [...]

7 major Russian banks were kicked out of SWIFT, has your business been affected? After the outbreak of the Russia-Ukraine conflict, the United States and the European Commission, France, Germany, Italy, the United Kingdom, and Canada decided to exclude some Russian banks from the SWIFT system. According to the EU communiqué on March 2, 7 Russian banks that were kicked out of the SWIFT system Russia's second-largest bank VTB Bank (VTB Bank); Russian Bank (Rossiya Bank); Russian state-owned Development Bank (VEB, Vnesheconombank); Bank Otkritie; Novikombank; Promsvyazbank; Sovcombank. These banks have 10 days to complete their work in SWIFT. [...]

In the early morning of February 27(Beijing time), the United States, the European Union, the United Kingdom and Canada issued a joint statement announcing that several major Russian banks were prohibited from using the Society for Worldwide Interbank Financial Telecommunication (SWIFT) international settlement system as the latest sanctions against Russia. It also imposed "restrictive measures" on Russia's central bank to prevent it from deploying its international reserves in a way that could undermine sanctions. The latest sanctions will ensure that Russian banks are cut off from the international financial system, "damaging their ability to operate globally," according to [...]

From the perspective of international trade, let's analyze which industries and supply chains are affected by the Russian-Ukrainian war. 1. Shipping faces severe labor shortages. According to statistics from the International Chamber of Shipping, 10.5% of the world's 1.89 million seafarers are Russians and 4% are Ukrainians. Russian and Ukrainian seafarers account for about 15% of the world's seafarers, and shipping may face a more serious labor shortage. With 90% of global trade being transported by ship, supply chains could be disrupted. 2. Imports and exports to Russia and Ukraine were severely affected. Since the 24th, the Ukrainian [...]

Almost everything price rising in the first half of the year is everyone’s most direct feeling. Both domestic suppliers and foreign buyers are under considerable pressure. Basically, it is 1. Sea freight rates continue to rise, it is difficult to book ship, from the initial struggle to the price increase, resistance to numb acceptance. 2. The prices of raw materials continue to rise, and the prices of raw materials for bulk goods are soar. 3. The epidemic is repeated, and the virus evolves stubbornly, spreading faster and more widely. 4. The exchange rate (USD & RMB)fluctuates greatly, and [...]

Why can't the Indian manufacturing industry save the Indian people -the dilemma of the oxygen generator There are 300,000 to 400,000 new cases every day, and the total number of confirmed cases a day ago has accumulated 2.54 million. The supplies and services related to the epidemic have already shown an out-of-control situation in the Indian black market. The original price of 100 US dollars of oxygen tanks has been directly doubled, the original price of 7 US dollars of ambulance services have doubled 10 times, and the original price of 7 US dollars of burnt [...]

The whole event On April 13, the Japanese government held a relevant cabinet meeting and officially decided to discharge the radioactive waste water stored in the Tokyo Electric Power Company’s Fukushima Daiichi Nuclear Power Plant into the sea. It is reported that the discharge action may start as early as 2022, and the concentration of nuclear sewage will be diluted to 1/40 of the international discharge standard. Emissions will take place gradually and continue for decades until the Fukushima Daiichi nuclear power plant is dismantled in 2041-2051. According to the computer model released in 2012 by the top [...]