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Strategies & Market Trends : The Art of Investing

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Dec 19 4:00 PM EST

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To: Sun Tzu who wrote (5195)	8/22/2022 10:41:31 AM
From: kidl	2 Recommendations Recommended By Sun Tzu towerdog of 10709

Extreme drought Shutterstock What do factory shutdowns in China, shipping delays in Europe and reduced agricultural output in the U.S. have to do with each other? They are all being caused by severe droughts impacting the world's largest economies. Researchers say the dry spells are partly because of seasonal weather patterns like La Niña, but are also related to consequences of land degradation and climate change. Snapshot: The Chinese province of Sichuan just announced it would extend industrial power cuts and activate its highest emergency response, impacting a number of global manufacturers like Apple ( AAPL), Foxconn ( OTCPK:FXCOF), Toyota ( TM) and Volkswagen ( OTCPK:VWAGY). The vital Yangtze, the longest river in Asia, reached its lowest level on record for August, affecting supply of hydropower and causing widespread shortages. Tesla ( TSLA) has even asked the government to help ensure its suppliers have a sufficient amount of electricity, with over a dozen of them currently not able to manufacture at full capacity.

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