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Eurozone Economy Now in Technical Recession

Supply Chain Matters

Besides Germany , Greece , Lithuania , Malta , Ireland and the Netherlands experienced quarter on quarter GDP declines. Reuters indicated in its reporting this week that the Eurostat revision of Q1 data was principally due to the revised estimate from Germany’s statistics office indicating two subsequent quarters of GDP contraction.

Ireland 52
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Supply Chain Matters News Capsule Follow-up- February 13, 2023

Supply Chain Matters

GlobalFoundries , based in upstate New York , operates semiconductor chip production facilities formerly operated by IBM in Malta New York and Burlington, Vermont. Chips Act, to construct an additional chip fabrication plant in Malta, New York. According to the report, GlobalFoundries now aims to submit a proposal to the U.S.

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US Semiconductor Fab Investments Make Headlines and Concerns

Supply Chain Matters

billion grant for GlobalFoundries to support the development and expansion of fab facilities in Malta, New York , and Burlington, Vermont. This week’s announcement follows prior investments stemming from the CHIPS Act. That includes a February announced $1.5

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New: Global Trade Map 2016

Supply Chain Movement

Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are designed to boost economic growth through trade by opening markets by way of progressive removal of customs duties, eliminating or reducing trade barriers and tariffs, lifting restrictions on services and even through public procurement. Libyan Arab Jamahiriya.