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...Interfax quoted Lavrov as saying relations between Russia and China had reached an “unprecedented level” and that President Vladimir Putin’s re-election in March offered “additional guarantees” for the strengthening...
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...to interfere in their supply chains?...
...“I am a big supplier of raw materials and a backer of strategic changes [in European energy supply],” Forrest said. “If [Europe] adopts this law, then they’re going to stay competitive....
...“We continue to see a direct threat to regional oil supplies in an expanded war scenario.”...
...But the UK needed to ensure its own supply in case of shortages on the continent, which are increasingly common, he added....
...The dispersion of price pressures in the PCE is now being driven by a narrow portion of the index (mainly shelter, and other supply-driven inflation factors)....
...Today on Behind the Money, we’re taking a closer look at how Malaysia got here, and whether the country will be able to capitalise on this important spot that they’ve established in the global supply chain...
...In fact, in a base-case scenario, by 2030, lithium demand will be 30 per cent higher than projected supply. By 2030 copper demand will outstrip supply by 10 per cent....
...A worsening of the conflict risks shocking a tight oil market globally as demand escalates in big economies such as the US and China while Opec+ producers constrain supply....
...“You have windows when you’re supposed to arrive [at a port] . . . but now our schedules are in complete disarray and we’re not able to keep to timings,” he said....
...“When you’re talking around town, all the professionals, lawyers and people in restructuring are saying they are busier,” says David Fleming UK head of restructuring at financial advisory firm Kroll....
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...“Once they’re moved, they’re in places where their movement is restricted. They are not able to freely leave employment.”...
...Charted waters Demand for many minerals is rising at a time of increased concerns over security of supply, and mothballed mines are accordingly being reopened around the world....
...In the past five years, prices are up by 18 per cent; in the past 10 they’re up 59 per cent, according to Hamptons using Office for National Statistics data....
...“Everybody is struggling with schedule integrity and therefore we’re getting berthing clashes in a number of ports,” he told the Financial Times....
...“They’re really hard to protect against.” Operators have 185 new vessels on order with shipyards, according to Clarksons....
...“They’re catching the problems, but as quickly as you catch one, more and more are popping up. The gophers are multiplying.”...
...Forrest, an iron ore billionaire who has long-held ambitions in nickel, shut down mines in Western Australia in January due to a sharp drop in the nickel price, partly driven by supply from Indonesia....
...“We’re laser focused on this as a real threat and we’re working with a lot of partners to try to identify it, anticipate it and disrupt it,” Wray said on Sunday after attending the Munich Security Conference...
...You’re not reliant on imports of natural gas like we saw in Europe. Whenever Russia invaded Ukraine, there was a huge issue with gas supplies....
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