The US has a new supply chain resilience council
President Joe Biden has announced the creation of a new supply chain resilience council in the US, aimed at improving access to medicine and economic data. Meanwhile, a humanitarian pause in fighting has been extended for two days in Gaza, allowing for more hostage and prisoner swaps. Tesla is suing Sweden's transportation agency after postal workers failed to deliver license plates for new Tesla cars. China's central bank has pledged to use monetary policy to support domestic demand and fend off risks. Amazon has surpassed UPS and FedEx to become the largest parcel delivery business in the US. The US is expected to extract a record-breaking 12.9 million barrels of crude oil this year. Facebook parent Meta's press secretary, Andy Stone, has been placed on Russia's criminal wanted list following temporary changes to Meta's hate speech policy that were not well-received in Russia. The US Transportation Security Agency set a new daily record for the number of passengers screened at airports. Japan and Vietnam have agreed to boost ties and discuss military aid, while the mayor of Paris has announced her resignation from Elon Musk's platform X. The EU's border agency is searching for missing crew members after a cargo ship sank off Greece. Czech labor unions are staging a day of protest against spending cuts and taxes. Ukraine has found a new way to export its grain despite Russia's threat in the Black Sea. The UK has reported its first case of swine flu in humans since 2005, with a new form of H1N2. Nvidia CEO Jensen Huang, the CEO of the world's largest chip maker, has never read a science fiction novel. A home in Atlanta, inhabited by two Pulitzer Prize winners, has been listed for $2 million. Mice on a diet that limits isoleucine, found in meats, eggs, and dairy products, have been found to live longer. The flavor umami was named in 1908 but gained popularity in the 1980s.
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Frequently Asked Questions
1. What is the new supply chain resilience council in the US?
The new council is a Cabinet-level group convened by President Joe Biden to address and improve the resilience of the supply chain in the United States.
2. Who convened the supply chain resilience council?
President Joe Biden convened the first meeting of the supply chain resilience council.
3. What is the purpose of the supply chain resilience council?
The purpose of the council is to assess and strengthen the supply chains within the United States to ensure they are resilient against various challenges like interruptions, shortages, and logistical issues.
4. When was the supply chain resilience council first mentioned?
The inception of the council was mentioned around November 17, 2023, when President Biden used the inaugural meeting to announce the launch of the council.
5. Was there a specific event that prompted the creation of the supply chain resilience council?
The creation of the council follows a period of increased focus on supply chain vulnerabilities and might have been sparked by recent global events highlighting the need for resilient supply chains, although the specific prompting event is not mentioned in the search results provided.
6. Is there any relation between TSMC's U.S. semiconductor fab and the supply chain council?
The information from the search results does not explicitly link TSMC’s U.S. semiconductor fab announcement to the supply chain council, but it reflects broader efforts toward supply chain resilience in critical sectors like semiconductors.
7. Where can I find more information about the US supply chain resilience initiatives?
You can find detailed information on the White House's official website, where reports like the "100-day supply chain review" are published, or follow updates on Inside U.S. Trade and other outlets reporting on this topic.
8. Are there any reports or documentation about the US supply chain vulnerabilities and resilience strategies?
Yes, reports and documentation can be found on sites such as the U.S.-China Economic and Security Review Commission (uscc.gov), offering insights into U.S. supply chain vulnerabilities and resilience strategies.
Please note that these FAQs are based on the limited information available from the provided search results. For the most current and comprehensive information, it is advised to refer to the official statements and detailed reports published by the respective organizations and agencies involved.