Audio Interview: Global Risks - Why Good Risk Management Practices are Essential for the Automotive Industry
Audio Interview: Global Risks - Why Good Risk Management Practices are Essential for the Automotive Industry
BALTIMORE, MD, January 13, 2025 – A groundbreaking new study in the INFORMS journal Transportation Science reveals the severe and far-reaching consequences of Russia’s full-scale invasion of Ukraine on global food security. The research highlights an urgent need to address disruptions in the transportation of Ukrainian grains, which have caused dramatic price spikes and worsened food insecurity worldwide, particularly in vulnerable regions such as the Middle East and North Africa.
Cutting-edge chips, especially those designed to power emerging AI applications, tend to receive the most attention in the media and generate the most excitement. However, so-called “legacy” chips are just as important — if not more — to our daily lives.
January is National Blood Donor Month and, not coincidentally, a time when donations tend to ebb. Every two seconds, someone in the U.S. needs blood for serious injuries, childbirth, cancer treatments and more, according to the Department of Health and Human Services.
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Audio Interview: Global Risks - Why Good Risk Management Practices are Essential for the Automotive Industry
The tampon shortage, like that of baby formula, is the result of many factors, including too few manufacturers, not enough trained workers, droughts that have affected cotton crops, and the war in Ukraine driving up prices of raw materials.
When Russia invaded Ukraine in late February, international supply chains were still fragile after the massive impact of coronavirus (COVID-19). Although the devastating invasion is not causing the same kind of impact on shipping routes as the initial quarantine lockdowns of March 2020, when planes were grounded and ports closed all over the world, it’s nonetheless affecting supply chains enough to cause significant difficulties for organisations and individuals the world over.
The Centers for Disease Control and Prevention reported that over 82 million doses of COVID vaccines were wasted, representing 11% — one in nine — of the doses provided by the manufacturers. Even at a modest cost of $30 per dose, this represents around $2.5 billion of taxpayer dollars.
Virginia Gov. Glenn Youngkin again is calling for a suspension of the commonwealth's gas tax as a way to help lower the price at the pump.
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