An unprecedented water crisis is underway in Italy: (As Po dries up, Italy's food and energy supplies are at risk – WP). Agricultural water scarcity is expected to increase in more than 80% of the world's cropland by 2050. For the "future of water" the agricultural techniques that retain rainwater in the soils and the reduction of consumption in industry are relevant. A single cotton shirt requires over 2500 liters of water. Leather, for bags and shoes, needs 160 liters per kilo. Machine and plant engineering suppliers can play a key role as producers of sustainable energy and water systems (i.e. Green Label)
This is especially true for hydrocarbons. According to the main German economic institutes (RWI, DWI, Ifo, IfW, IHW) without Russian gas and oil supplies the German economy would incur a "deep recession".
How to maneuver in the recession driven by the COVID-19 pandemic, Russia's unprovoked invasion of Ukraine and the cost-of-living crisis: perspectives of the retail evolution’s great acceleration in the example of the UK, where booming clothes shops buck retail decline in February.
According to The Tribune, in Punjab’s Jalandhar leather district, “raw materials become expensive and export orders are canceled.” Enterprises in the leather supply chain were hit hard after the start of attacks by the Russian army. The most affected are manufacturers of sporting goods, utensils, tanneries, and leather products.
With the COVID-19 Lockdowns, “consumers have reduced spending on services and bought more artifacts“ (IMF-Blog), accelerating the rebound in manufacturing production, but the logistical crisis of the “Supply Chain” (NY Times) and the tail end of the pandemic have put global trade even more in crisis. Europe risks another energy crisis (Bloomberg) due to the soaring cost of gas, driven by the Ukrainian crisis. Agenda against inflation.
The National Federation of Leather Goods and Footwear has recently called on the authorities to intervene urgently to come to the aid of the sector, while the Federation denounces the informal import, informal trade and sale of second hand shoes, while the landlords crush entrepreneurs operating legally under the helpless gaze of the authorities [Les rentiers signent l'arrêt de mort de l'industrie du cuir et chaussures en Tunisie – TN].
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