Amid economic volatility, the global recession has refocused supply chain managers on the tradeoff between cost and resilience, according to Resilient Supply Chains in a Time of Uncertainty, a new research paper from the Economist Intelligence Unit sponsored by software company Oracle.
Markets news on stocks, currencies and oil; Shares rise after China denies review of €512bn of Eurozone bond holdings; Q1 US GDP revised down to annualised rise of 3%.
Irish merchandise exports, seasonally adjusted, fell by 4% to €6.77bn between February and March 2010, while imports increased by 8% to €3.83bn, reflecting a recovery in the economy, according according to the Central Statistics Office.
The Government has announced that it will privatise health insurer VHI which was established in 1957.
OECD Factbook 2010: Household debt reached more than 120% of disposable income in UK, Canada, US, Japan and Ireland before onset of crisis in 2008.
Markets news on stocks, currencies and commodities; US Treasury Secretary Timothy Geithner said today that the US and Europe are in “broad agreement” on the need for tighter regulation.
The Financial Regulator today published data on Irish mortgage arrears and repossessions for the period ended March 2010. The data show that at end March 2010 there were just over 791,000 private residential mortgage accounts in Ireland to a value of €118 billion. Of these 32,321 were in arrears for more than 90 days. The data also shows that overall mortgage debt outstanding for private residential mortgages decreased by over €285 million in the first quarter of 2010.
Japan’s exports rose strongly in April boosted by continuing robust demand from Asia with growth accelerating to a seasonally adjusted 2.3 per cent in April from March’s 1 per cent, and imports rose 3.4 per cent.
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
US Manufacturing: Viewed as a declining sector, even the best innovators can struggle to raise funding at home in America and questions are being raised about the model of innovate in the US and manufacture elsewhere.