Got the minerals? China’s control of key metals poses challenges for green transition, IEA warns January 12, 2023 China's dominance over tight supply chains could jeopardise the global shift to green technology, warned a leading climate body.
Staggering £25bn down the drain as 9 in 10 Brits plan to cut back in 2023 January 12, 2023 Close to £25bn-worth of discretionary outgoings in the “cut-back economy” may be lost this year as close to nine in 10 people plan to reduce their spending over the year ahead. More than a third of UK households are “financially distressed” and plan to cut back across most, if not all, of their non-essential spending, [...]
Global cost-of-living crisis risks ‘dire consequences’ for planet as firms ditch climate concerns January 11, 2023 The global cost-of-living crisis threatens to railroad efforts to combat climate change, “potentially leading to dire planetary and societal consequences,” the World Economic Forum (WEF) warned today. Soaring energy and food prices are forcing governments and private businesses to turn to cheaper, often dirtier resources to produce goods and services. As a result, “the risks [...]
Cost-of-living crisis will fuel tsunami of cyber attacks in 2023, warns industry insider January 11, 2023 The cost-of-living crisis is fuelling a surge in cyber attacks on UK businesses, a leading fraud expert has warned. Leigham Martin, group head of infrastructure and security at Connectus Business Solutions, shared with City A.M. that cutting costs on security will spell disaster for businesses. “There is increasing evidence that some businesses are looking to [...]
What’s the best way to make up for the metals supply shortfall? Look down. January 11, 2023 It’s been a rough couple of years for metal producers. Sky-high demand, factory closures, and supply chain disruption have resulted in a shortfall in supply. A quick post-Covid bounce back in demand should’ve resulted in producers scaling production back up to meet demand. However… Inflation has taken hold of every industry worldwide: the cost of [...]
The pandemic’s lasting impact is huge… How can the little idea of recycling help? January 11, 2023 The pandemic’s lasting impact is huge… How can the little idea of recycling help? For the past 2 years, it’s been one thing after another: Covid lockdowns, more Covid lockdowns, Russia invading Ukraine, and a few more Covid lockdowns (looking at you China). Therefore, it comes as no surprise the global economy continues to take [...]
The Cost of Living Crisis Is Not Just Local, It’s Global. We Need a Global Mindset to Tackle It. January 11, 2023 The cost of living crisis is being felt by everyone – people on the breadline are now in poverty, those once well-off are now counting their coppers. This might be the picture for most in developed countries, however developing markets have largely been unaffected by Covid and inflation linked to the Russian conflict. With only [...]
NatWest helps firms and customers concerned with ‘cutting back on food and groceries’ January 11, 2023 NatWest has announced new measures to help squeezed businesses and customers in debt after noticed people are cutting back on food and fuel amid decades-high inflation. The banking giant, which was majority owned by the UK Government until last March, said it was extending the repayment period for customers who have missed several payments on [...]
The landscape of Africa’s economy is changing drastically, are you invested? January 11, 2023 At the turn of the millennium, the United Nations recorded a population of 6bn people. By 2019 the score was 7.7bn people. And now, after analysing shifts in demographics, improved healthcare, sanitation, rights, and education, the United Nations predict the global population will reach 9.7bn by 2050. Boom time. Population growth is not expected on [...]
Now that you’re asking where your supplies come from, we should talk. January 11, 2023 As the world faces a shortfall of both energy supplies and critical metals, difficult decisions are being made to meet the growing supply gaps without risking new dependencies on unsustainable producers or compromised geopolitical actors. Quite a problem for some; particularly for a range of European countries and firms in light of the Russian invasion [...]