Tag

Overproduction

All articles tagged with #overproduction

international-relations2 years ago•3 min saved

"Yellen Urges Tough Conversations with China on Excess Industrial Capacity"

Treasury Secretary Janet Yellen visited China and emphasized the need for "tough conversations" about China's overproduction in industries such as electric vehicles and clean energy components, which have impacted producers and jobs in the U.S. and other countries. Yellen met with Chinese Premier Li Qiang, who expressed a desire for partnership and constructive progress. The U.S. raised concerns about China's excess industrial capacity and government support for these industries, with both sides showing willingness to explore the issue further.

via Fox Business|

#china #clean-energy #electric-vehicles

international-trade2 years ago•3 min saved

"Janet Yellen's Challenge: Addressing China's Overproduction and Economic Divide"

U.S. Treasury Secretary Janet Yellen is in China to address the issue of overproduction, particularly in clean energy goods, which is flooding global markets due to massive government subsidies and weak domestic demand in China. Yellen aims to convey concerns about the impact of overproduction on global prices and the potential for trade actions, while also emphasizing the importance of developing American supply chains in clean energy. China's overproduction in sectors like electric vehicles and solar panels is leading to significant excess capacity and price pressures, prompting concerns of renewed trade tensions with the U.S. and other major economies.

via Yahoo Finance|

#china #clean-energy #international-trade

environment2 years ago•2 min saved

Target Employee Outraged as Candy Products Labeled for Destruction Despite Long Shelf Life

A Target employee expressed outrage after hundreds of packets of Crunchy Cookie M&Ms were marked for destruction instead of being donated, despite being perfectly good until the following year. Food waste is a significant issue in the United States, with 91 million tons of surplus food generated in 2021. The retail industry alone accounted for 5.12 million tons of food waste, with overproduction being a major contributor. Commenters on the Reddit post echoed the frustration, emphasizing the need for donations and resourceful solutions to combat food waste.

via Yahoo Life|

#candy-products #donations #environment

agriculture2 years ago•0 min saved

Global Food Prices Soar: Olive Oil and Potato Prices Reach Record Highs

Olive oil production is expected to decline significantly this year due to a combination of overproduction in previous years, which depleted the trees, and a shortage of workhands. Forecasts suggest that production may fall below 150,000 tons, compared to last year's 340,000 tons. Labor shortages, including the fact that previous workers have moved on to manage their own estates, have contributed to the decline in production.

via Kathimerini English Edition|

#agriculture #labor-shortage #olive-oil-production