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Over 400,000 People Living in 'Modern Slavery' in U.S., Report Finds

Supply Chain Brain

North Korea has the highest prevalence of modern slavery globally, with one in 10 of the population, or 2.6 “This is a truly staggering statistic and demonstrates just how substantial this issue is globally. This is only possible through a tolerance of exploitation,” Forrest added. million people, victims of modern slavery.

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COVID-19 By The Numbers. My Takeaway For Supply Chain Leaders

Supply Chain Shaman

While many might fixate on the size of the impact on the United States, what is important to me in this chart is the conspicuous absence of China, North Korea, and Japan. While Asian markets are struggling with the shifts in demand in Europe and North America, they have relative stability in their home markets.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

It’s also important to know that for a clean vehicle to be eligible for the tax credit, final assembly must take place in North America and it may not exceed a Manufacturers Suggested Retail Price (MSRP) of $55,000 unless it’s a sport utility vehicle, van or pickup truck. The maximum MSRP for those products is $80,000. That’s right.

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EV segment will likely depend on China for many years

Resilinc

The IRA also labels China, Russia, Iran, and North Korea as “foreign entities of concern” and aims to prohibit automakers that use any critical minerals extracted, processed or recycled in those countries from receiving tax credits. over the protectionist features of the IRA.

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