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Strikes on Iran Shipping on High Alert in Mideast After U.S. Strikes on Iran June 22, 2025 Bloomberg The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate against commercial vessels following after U.S. Naval forces in the area warned that ships, especially U.S.-linked airstrikes.
Goods like olive oil and Greek wine are being held up by suppliers, who would rather keep their inventory and wait until they can be paid in cash. Sales in Greece are down 20 - 25%, according to the Economist, which could lead to further unemployment if the low numbers persist. A Sisyphean Task.
Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?
Morgan indicated in part: “ An improving orders-to-inventory ratio and upward momentum in both new export business and employment all suggest the underlying dynamics of the manufacturing sector are also moving in the right direction. Stronger performance was noted for Greece and Ireland , both reporting 24 and so month highs, respectively.
Quicker declines in finished goods inventories and a softer reduction in pre-production stocks were noted. The only country with positive PMI growth was Greece , while Germany, France and Austria PMI levels were the lowest, Austria being 43.0 Further reductions in manufacturing employment were reported. and France being 43.1.
A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Italy’s manufacturing sector reportedly intensified while Greece and Ireland logged manufacturing growth in November. in November from 50.6
Suppliers’ delivery times reportedly lengthened for the second consecutive month mainly as a result of ongoing global shipping disruptions. Business confidence reportedly weakened for the fourth month running along with further declines in purchasing activities and inventories. as contributing to a slowdown.
Of particular note was commentary relative to supplier delivery times in June: “ Suppliers’ delivery times lengthened for the first time in five months amid issues with shipping, port congestion and staff shortages at vendors. Greece experienced the highest PMI growth in the Euro sector followed by Spain and the Netherlands.
Warehouse break-ins, accounting scams, and oil tampering are on the rise in the olive growing regions of Greece, Spain, and Italy. Spanish police have said they recently retrieved 91 tons of stolen olives, and in February, six people were arrested in southern Greece for the theft of eight tons of olive oil. billion as U.S.
degrees Fahrenheit, in Greece on July 10, 1977. China-US container shipping rates sail past $20,000 to record. The second program, called “FBA Liquidations” will allow sellers to use Amazon’s “wholesale resale channel and technology” to recover a portion of their inventory cost from returned items and excess stock.
Specifically stated by report authors was: o f the 28 nations for which PMI New Export Orders data were available for April 2025, all except three (Germany, India and Greece) saw new export business decrease. Reportedly Greece remained the best performing manufacturing sector in April with Ireland and Ireland posting expansionary readings.
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