$80bn unforeseen economic crisis set to hit If you thought the Suez blockage was bad for world trade, you ain’t seen nothing yet. A new shortage is looming and Australia is underprepared.
Business by Benedict Brook 17th Apr 2021 11:09 AM The blockage of the Suez Canal by the container ship Ever Given is estimated to have cost the global economy some $13 billion. The Egyptian Government wants a billion dollars from the ship s owners just for the trouble it caused. This time the item threatening financial upheaval is as small as its impact is large and could make the Suez blockage will be a mere drop in the ocean, or rather, canal.
$80bn unforeseen economic crisis set to hit
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How the world ran out of semiconductors | Philippine Canadian Inquirer
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Hamza Mudassir the co-founder and managing director of technology and strategy firm, platypodes.io. He has held several senior strategy and product management positions in leading technology companies in Europe and Asia. He is also a Visiting Fellow at the Judge Business School, University of Cambridge and holds an MBA from the same. His research interests include Strategy in disruption; business models; and competitiveness of platforms.
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The 2015 diesel scandal resulted in a 40% drop in the company’s share price at the time. A. Aleksandravicius/ShutterstockHamza Mudassir,
Volkswagen’s chairman, Herbert Deiss, has been struggling to bring the company’s stock price back to its previous heights since he took over the reins of the German car maker six years ago. The business has been embroiled in infighting, scandals and board tussles.
Diess was appointed in 2015 at the peak of the diesel emissions scandal, when VW was caught using software settings to under-report emissions. He was surprisingly mellow in a recent LinkedIn post in which he acknowledged that there has been significant resistance within the company that he has yet to resolve. He went on to detail his plans to turn around the fortunes of an increasingly disrupted VW.