Month: March 2023
TPM23: Post-COVID China sourcing shift ‘definitely on’: CMA CGM
While the supply chain has mostly healed from COVID-19, the pandemic revealed the risk of relying too much on China for product sourcing, CMA CGM’s new US president told TPM23.
No evidence U.S. aid to Ukraine has been lost to alleged corruption, officials say
House Republicans are launching probes into the billions of dollars sent to Ukraine during Russia’s year-long invasion, with some arguing aid should be stopped entirely.
Mexico’s president hits out at implicit criticism from US
‘There’s currently more democracy in Mexico than in the United States,’ Andres Manuel Lopez Obrador says.
Sea-Tac Airport gets $16M to speed up security lines
The money comes from $5 billion allocated to the FAA’s airport terminal program through the Biden administration’s infrastructure law.
Biden’s Semiconductor Plan Bets on Federal Aid to Change Corporate Behavior
The administration says the conditions it has attached to $40 billion in new subsidies will help U.S. semiconductor makers compete globally. Some economists disagree.
Diplomacy vs. violence: Israeli-Palestinian talks face immediate test
Jordan hosted the highest-level Israeli-Palestinian talks in years, but violence, hate speech, and leadership woes are exposing the limits of traditional diplomacy in polarized times.
Holiday horror as passenger is stung by scorpion mid-flight as he put his hand in bag
The man was stung on board a flight from Senegal to France after it had crawled into his bag.
Robert Hébras, last survivor of infamous massacre in France, dies at 97
He served as a memory keeper for the martyred town of Oradour-sur-Glane, where Nazis killed 642 villagers in the course of a day during World War II.
Rivian posts mixed fourth quarter and underwhelming EV production outlook, stock falls
The results follow slower-than-expected production, unexpected pricing pressure and plans to lay off 6% of its workforce in a bid to conserve cash.