Blog
Transatlantic Networking Session in New York on June 20th, 2022
A delegation from Lower Saxony, Germany comes to New York. The delegation includes roughly 30 enterprises from various industries, as well as 10 representatives from the Lower Saxony Ministry of Economic Affairs, led by Dr. Bernd Althusmann, Minister of Economic Affairs.
Russia-Ukraine Conflict – Effects on Global Supply Chains
No supply chain is 100% crisis-proof. This is demonstrated by the consequences of the conflict between Russia and Ukraine. In February 2022, the political situation between the two countries had escalated to such an extent that Russia invaded Ukraine militarily. This is currently causing not only terrible humanitarian problems, but also economic consequences that are being felt in Europe and the United States, among other places. More and more global supply chains are in danger of collapsing, both because of the military-related loss of Ukrainian business partners and because of international sanctions against Russia and Russian companies.
How do you Keep Track of Export and Import Trends in World Trade?
Networking is playing an increasingly important role in world trade. To stay on top of these dynamic developments and identify opportunities, it is important to monitor import, export and shipping trends. You can gain knowledge from a variety of sources, but trade data analysis is the key tool to make the right decisions.
Evergreen Grounded – Is Your Supply Chain Disaster-proof?
Unexpected challenges can hit global trade at any time. This was proven once again by the “Ever Given” accident. Since Tuesday night, the container ship has been blocking the Suez Canal and thus one of the world's most important trade routes. Already strained supply chains are further strained, while an end to the blockade is not in sight.
Managing the Impact of Global Crises on Your Supply Chain
WHO statement of a pandemic and its legal implications
Update: March 12, 2020
As of 11 March 2020, the World Health Organisation (WHO) has declared the outbreak of a pandemic. In the interactive web based dashboard of the Johns Hopkins University one can see this global spread. With the status of pandemic, companies can get much stronger rights under relevant clauses in contracts between companies.
