SA: Saudi Arabia plans to pour $40bn into AI technology – report
SEEKING ALPHA reports: Saudi Arabia is apparently creating a fund worth about $40B to invest in ...
Here’s a great example of how interconnected supply chains in the world have become. Helium is an essential component in a surprisingly wide number of products – the fact that it is lighter than air and able to cool to incredibly low temperatures without freezing means it is used in the construction of semi-conductors, computer hard drives and the Large Hadron Collider, as well as scuba tanks and rocket fuel, amongst a variety of other applications including, of course, birthday balloons! However, the de facto closure of the land border between Qatar and Saudi Arabia has really hit the supply of helium, with Qatar responsible for some 25% of global output. This article from The Atlantic discusses the impact: “the supply chain of just one element touches so many industries—energy, medicine, electronics, rocketry—and the consequences can go far beyond the Gulf”, as well some possible solutions.
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
FAK rate hikes holding, with strong demand into peak season predicted
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article