Russia Ukraine Conflict: Chip's crisis may deepen due to the ongoing war between Russia and Ukraine. For the past one and a half years, the world is facing a shortage of chips. Now with this crisis deepening, the situation can become dire. According to a report, Russia accounts for 44 percent of the worldwide supply of palladium. Apart from this, about 70 percent of the supply of neon is from Ukraine. Both of these are essential raw materials to make any chip, and the war between Ukraine and Russia has started disrupting their supply. It is clear from this that in the coming days, the effect of reduction in chip ie semiconductors can be seen all over the world.
Moody's said in its report that market experts believe that this global crisis which started after the Corona epidemic is going to increase further. Palladium and Neon are two such resources, which are used in the manufacture of any chip i.e. semiconductor. These semiconductors are found in any electronic item such as cars, mobile phones and other products. Electric items are difficult to operate without them. Actually, they work as conductors and bad conductors of electricity. In such a situation, from car to mobile without semiconductors are useless. This is the reason why there is a situation of crisis all over the world due to disruption of their supply chain. Due to this, production from cars to mobiles has been affected.
Petrol and diesel may become costlier from next week
The crisis is not going to stop here, but due to the invasion of Ukraine, inflation is also going to increase in a country like India. The price of crude oil in the world has crossed $110 per barrel. In such a situation, the prices of petrol and diesel in India may also increase from next week. There has been no increase in prices in the country since November 4, but once again their prices can be handed over to the international market. According to the Moody's report, countries other than Russia may increase the supply, but the prices will not come down even after that.
There may be a fire in the prices of all things like gold, wheat
According to Moody's, Russia accounts for 12 percent of the world's crude oil supply. Apart from this, it has a share of 17 per cent in the supply of natural gas, 5.2 per cent in coal and 4.3 per cent in the supply of copper. This crisis does not end here. Russia also plays a major role in the supply of metals such as aluminium, zinc, gold, silver and platinum. Russia also accounts for 11 per cent of wheat exports. It is clear that this crisis is going to increase from oil, food grains to metals. Ukraine, on the other hand, holds a 70 per cent stake in the neon supply, which could add to the crisis. Earlier in 2014, when war broke out between the two countries, a similar crisis was seen.
US Shutdown: Why did the US government cease operations after seven years? What is a shutdown? What will be its impact?
The US government has shut down. Republican lawmakers introduced a bill to temporarily fund the government until November 21st, but it failed to pass. Democratic lawmakers opposed this bill, leading
Pakistan Economic Crisis: 10 lakh workers will get jobs in Pakistan, industries hit by the economic crisis
The heat of the economic crisis prevailing in Pakistan is slowly spreading to every part of the country. Now such apprehensions are being raised that many industries in Pakistan are going to lay off
SSC CGL Result 2023: SSC CGL Tier 1 result released, know category-wise cut-off for all posts
SSC CGL Tier 1 Result 2023: The Staff Selection Commission has declared the result of Combined Graduate Level, i.e. SSC CGL Tier 1. Candidates who appeared for the exam can check the result by
Maharashtra's rain is a disaster: Weather will again create problems in Mumbai; Pune is in a bad state, roads are submerged somewhere and houses are submerged somewhere else.
Continuous rains continue to wreak havoc in many cities of Maharashtra. The situation has gone from bad to worse in Mumbai, Pune, Raigad, and many other places. Due to continuous rains, roads, railway
Veer guardian 2023: For the first time, India's women's power will roar outside the country, and women pilots will participate in the exercise
For the first time, women fighter pilots of the Indian Air Force will participate in an exercise outside the country. She will be part of the Indian contingent in the exercise to be held in Japan.
Half the world is burning due to scorching heat: UN warning - half humanity on the verge of mass suicide; Mercury crosses 40 for the first time in Britain
Many parts of the world are currently facing the wrath of the weather. In Europe, America, and China, the scorching heat is wreaking havoc. Forest fires are also a major reason for the heat. Forests
Apple iPhone 17: Sales of the iPhone 17 began in India today, with long lines outside Apple stores from Delhi to Mumbai.
Tech giant Apple began selling the iPhone 17 series today, September 19th. As always, the craze for the new iPhone is palpable. Long queues of fans are seen outside Apple stores from Delhi to Mumbai.
Maha Kumbh 2025: A flood of faith on the banks of Triveni... The world was immersed in the waves of devotion; many crore people took a dip.
Even before the first ray of the sun appeared in the holy city of Prayagraj, amidst dense fog and biting cold, a huge crowd of devotees gathered in the Maha Kumbh city on the sacred festival of Makar
MS Dhoni Drinking Tea: When the support staff gave tea to Mahi, this is how 'Thala' was welcomed in the RCB dressing room, watch video
A high-voltage match is to be played between Royal Challengers Bangalore and Chennai Super Kings on Saturday at the M Chinnaswamy Stadium, which will provide the fourth team for
Delhi Air Pollution: Delhi's climate worsens before Diwali, AQI reaches poor category; There is little chance of relief now
The cold winds coming from the hilly areas have spoiled the climate of the capital Delhi. According to Safar India, the overall air quality in Delhi remains in the 'poor' category, with the air
