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Global Plastics Supply Chains Further Pressured As Abu Dhabi Petrochemicals Plant "Suspended" After Attack

One of the UAE's key petrochemical hubs halted operations early Sunday after falling debris from an air-defense interception sparked multiple fires. The incident adds to a growing list of disruptions across Gulf petrochemical infrastructure, highlighting major risks and potential incoming disruptions to the global s…

Original report

Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike

The New York Harbor jet fuel benchmark has doubled in just five weeks as the aviation fuel crisis spreads from airport to airport worldwide following ongoing disruptions at the Hormuz chokepoint. The third-order effects of that energy shock began to materialize this past week, with major U.S. airlines raising checke…

Original report

Illegal immigrant charged in deadly 124 mph chase that killed pregnant teen, unborn child

The US Department of Homeland Security (DHS) announced Saturday an immigration detainer has been lodged against an illegal immigrant accused of leading Ohio deputies on a high-speed chase that ended in a crash killing a pregnant 17-year-old girl and her unborn child, and injuring another woman.

Original report

'Anything but autos': Can defense save Europe’s ailing car industry?

The European car industry is in a structural crisis. Slowing demand for electric vehicles, lost market share to Chinese competitors and higher borrowing costs have created the perfect storm for the sector over the past five years, as sales volumes continue to slump well below pre-pandemic levels.

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