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This is expected to have an impact on the food, automotive, and technology industries that are reliant on things like grain, wheat, aluminum, copper, zinc, and palladium that are exported from the region. For example, Russia produces over 40% of the metal palladium, and this is a component in automotive exhausts and catalytic converters.
Organizations must take a proactive approach to supply chain riskmanagement, ensuring they have redundancy plans in place. Civil unrest and public safety risks Social and political movements have increasingly led to disruptions, affecting businesses, city infrastructure, and workforce mobility.
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