Taiwan's Plastic Habit Collides With Shortages Caused by a Faraway War

Taiwan’s Plastic Habit Collides With Shortages Caused by a Faraway War

Taiwan, a global leader in plastic production and consumption, is currently grappling with severe supply chain disruptions stemming from the ongoing conflict in Iran. As geopolitical tensions escalate in the Middle East, the island nation—which relies heavily on imported petrochemical feedstocks—is facing a critical shortage of raw materials that threatens to destabilize its manufacturing sector…

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Taiwan's Bureau of Labour Funds Shifts Strategy Amid Global Currency Volatility

Taiwan’s Bureau of Labour Funds Shifts Strategy Amid Global Currency Volatility

The Taiwan Bureau of Labour Funds (BLF), which manages a staggering $286 billion in assets, has officially initiated a strategic reduction in its exposure to U.S. dollar-denominated assets. This adjustment, announced this week in Taipei, comes as the fund navigates increasing global currency volatility and growing international discourse surrounding de-dollarization. While the agency maintains that…

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