The COVID-19 pandemic has highlighted some of the challenges of a global economy – especially in relation to supply chain disruptions. These can result from any number of issues such as factory shutdowns due to COVID, transportation strikes and weather-related incidents. There are also great benefits to globalisation however COVID has highlighted some of the associated challenges. To better understand this, the New York Federal Reserve Bank recently created a Global Supply Chain Pressure Index which provides a more comprehensive summary of potential disruptions affecting global supply chains. To understand more about globalisation, read our case study on Worley Parsons : the benefits of global expansion.

With recent tragic events unfolding in the Ukraine, there have been numerous articles in the media referring to SWIFT (the global financial messaging system) and imposing restrictions on Russian banks. But what exactly is SWIFT? Banks like ANZ in Australia are members of SWIFT. Read about the impact these sanctions are having on Russia and think about what this would mean if Australia ever experienced similar sanctions.

The Therapeutic Goods Administration has announced new rules shaping the way influencers speak about certain health products. This is set to have a major impact on influencers who spruik a range of products from health services through to vitamin supplements, skin care and sun creams. Celebrity and influencer endorsement maintains an increasingly important component of a marketing and promotional strategy for businesses. Find out more in our case study Fujitsu General: Marketing through celebrity sponsorship.