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In what is being called by some analysts as a “Sputnik” moment for military technology, China shocked the world by allegedly testing a state-of-the-art, nuclear-capable hypersonic missile in August. According to recent reports, the missile completed a low-orbit the Earth before striking only two-dozen miles away from its intended target. The apparent rapid advancement of…
A Supply Chain Risk Years in the Making The eyes of the international community are now focused squarely on the relationship between China and Taiwan, highlighting a supply chain risk that could complicate an already strenuous year. Earlier this week, one day after China celebrated the founding of the People’s Republic of China in 1949,…
One of the major and unfortunate consequences of a global supply chain disruption like the one still being felt today is that it opens up opportunities for bad actors. And almost like clockwork, recent reports have been circulating through the news cycle that the number of counterfeit chips and components within supply chains has exponentially…
Today’s supply chain disruptions are not only affecting manufacturing industries, but also everyday consumers trying to purchase anything from chicken to golf clubs. Global climate trends, natural disasters, geopolitical tensions, shipping freight delays, and other such issues are combining with the ongoing COVID-19 pandemic to create a perfect storm of challenges that makes 2021 one…
In a typical year, despite all of the tragedy a natural disaster such as a fire, flood, or hurricane can bring, there usually aren’t very many implications for the world at large. These often horrific events may be devastating for the population in that region, but a country on the other side of world typically…
Global concern over a new COVID-19 variant, termed the “delta variant,” is increasingly growing, and many analysts are becoming wary of what effect this will have on economic recovery both domestically and abroad. On one hand, on the U.S. front there remains some optimism that the effects might be minimal, in part due to the…