BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//The FENG//NONSGML v1.0//EN
BEGIN:VEVENT
UID:1714756453@thefeng.org
DTSTAMP:20240503T171413Z
DTSTART:20220405T153000Z
DTEND:20220405T170000Z
ORGANIZER;CN=Dan Ruchman:MAILTO:DRuchman@aol.com
SUMMARY:THE FENG: Sanctions and Supply Chains
LOCATION:ZOOM MEETING\r\nJoin Zoom Meeting\r\nhttps://us06web.zoom.us/j/98827295269\r\nMeeting ID: 988 2729 5269\r\nOne tap mobile\r\n+12678310333,,98827295269# US (Philadelphia)\r\n+14703812552,,98827295269# US (Atlanta)\r\nDial by your location\r\n        +1 267 831 0333 US (Philadelphia)\r\n        +1 470 381 2552 US (Atlanta)\r\n        +1 646 518 9805 US (New York)\r\n        +1 646 876 9923 US (New York)\r\n        +1 651 372 8299 US (Minnesota)\r\n        +1 786 635 1003 US (Miami)\r\n        +1 301 715 8592 US (Washington DC)\r\n        +1 312 626 6799 US (Chicago)\r\n        +1 470 250 9358 US (Atlanta)\r\n        +1 669 219 2599 US (San Jose)\r\n        +1 669 900 6833 US (San Jose)\r\n        +1 720 928 9299 US (Denver)\r\n        +1 971 247 1195 US (Portland)\r\n        +1 213 338 8477 US (Los Angeles)\r\n        +1 253 215 8782 US (Tacoma)\r\n        +1 346 248 7799 US (Houston)\r\n        +1 408 638 0968 US (San Jose)\r\n        +1 602 753 0140 US (Phoenix)\r\n        +1 647 558 0588 Canada\r\n        +1 438 809 7799 Canada\r\n        +39 069 480 6488 Italy\r\n        +44 330 088 5830 United Kingdom\r\n        +44 208 080 6592 United Kingdom\r\nMeeting ID: 988 2729 5269\r\nFind your local number: https://us06web.zoom.us/u/kcqNhXMwGS
DESCRIPTION:Topic:&nbsp; "Sanctions and Supply Chains"Speaker: David Edick, Jr, Principal of Core Global AdvisoryCPE credit: 1.0 hourPresentation:On February 24, 2022, Russia invaded Ukraine. Russian planes attacked; Russian troops who had been massing at the border moved into Ukraine, fanning out and heading west toward the Ukrainian capital of Kyiv. It was the first overt act of naked aggression by one sovereign European country against another since the end of World War II.The Kremlin’s expectation was that the Ukrainian military and political leadership would fold quickly. However, within days the invasion largely ground to a halt. For reasons widely documented in the press, the Ukrainians largely stopped the Russians in their tracks -- and in their half-tracks, tanks and trucks. Moral outrage against the Russian attack echoed around the world, but it was the response of the Ukrainians themselves which inspired the rest of the world to begin to act in support of Ukraine.Nevertheless, the war to date has sent over 4 million refugees to Europe and over 6 million elsewhere within Ukraine.Meanwhile, while U.S. President Biden had stated that no American troops would be sent in to Ukraine, the U.S. and many of its allied countries began taking an array of other actions. A vast counterstrike of financial and economic sanctions was placed on Russia – including an impressive wave of uncoordinated industry self-sanctions, itself a new phenomenon. Despite the fog of war and a rapidly-evolving situation on all sides, one may reasonably ask: what are the economic and financial consequences of this war for the US, for Europe, for Russia, and for the world?David Edick Jr. will address this complex question, drawing on his 30+ years expertise in energy, commodities, logistics and geopolitics.This talk and discussion will enable us all to make sense out of what is happening in connection with the war, both directly and through the many layers of ripple effects. We should all end the meeting with a much better understanding of the following questions and facts:• What exactly are "economic sanctions", and do they really have any deep-seated effects?• A global energy shock in on the way• Diesel is the global energy weak link, and its effects will be felt• Europe’s de-russification of energy supplies will alter energy flows and prices worldwide – and drive a natural gas boom in the US• A global food crisis is coming• Deeply strained by the pandemic, logistics will be stretched even farther (and Covid isn’t done yet)• Rising prices will drive tighter money• In this supply shock, demand destruction caused by high prices will translate into recession• Domestic politics and geopolitics have come to center stage for business• Resilience and reliability have replaced efficiency as the driver of supply chain managementWe have all read elsewhere about the military, diplomatic and global political aspects of the war. This talk will give us some powerful analysis and deeper understanding of the economic and financial effects of the war. A talk not to be missed.About our speaker:David Edick Jr. is Principal at Core Global Advisory, a consultancy focused on political risk, commodities, and market strategy. David has over 30 years' experience in trade, investment banking, and NGO relations in Russia. He has worked abroad in Russia in the food trade and investment banking sectors, and in Mexico in the seafood export development business.David also serves as a member of the Energy Committee for the Western Regional Partnership, a collaborative between the Department of Defense and representatives of Federal agencies and State and Tribal leadership in 6 states of the US southwest. He also serves on the Natural Resources Committee and the Tribal Engagement Working Group.Drawing on his global perspective and experience, David has lectured widely for more than 15 years on energy, finance and geopolitics.Long active in San Diego's international civil society community, David is 3-term Past President of the San Diego World Affairs Council. He is also 6-term Past President of the San Diego International Sister Cities Association, and 7-term Past President of the San Diego - Vladivostok (Russia) Sister City Society. In 2015 he served as Chair of the Steering Committee which led the establishment of San Diego’s 16th sister city relationship (Panama City, Panama). David is a longtime participant in the international collaborative Pacific Rim Park program founded by James Hubbell.David graduated from San Diego State University in 1985 with a custom-designed, cross-disciplinary degree in Global Political Economy. David and his family live in Rancho San Diego, California.Similar to David's presentation to us two years ago on Fracking and US Energy Independence, and his presentation last year on The Natural Gas Pricing Crunch and Inflation, this will be a talk with active Q&amp;A and lots of facts, analytical insights and new understanding of some complex issues. Join us tomorrow, when David will address the above issues and more in this highly engaging and energetic presentation.David Edick, Jr., global political economist and Principal of Core Global Advisory, a consultancy focused on commodities, political risk, geopolitics and market strategy. David will speak to us on "Sanctions and Supply Chains", a very timely topic, given how the West is responding to the Russian invasion of Ukraine. Those who have seen David's past presentations will not be disappointed; those who have not yet had the pleasure are in for a treat. Lots of analytical insight, lots of Q&amp;A.To Attend:As always, the meeting is free to FENG members and their guests. We're always glad to welcome our friends from PwC, other FENG chapters around the country, the SIG members noted above, and any guest you as a member may wish to invite.&nbsp;For non-members, RSVP is required by writing to chapter chair, Dan Ruchman at DRuchman@aol.com. Please include a one or two sentence description of who you are, and your interest in attending the meeting. Thank you.+++CPE Credits: Reminder for those members maintaining their professional certifications - we offer the documentation for Continuing Professional Education (CPE) credits for our speaker presentations. For those members interested in this, you may complete the appropriate forms, which we'll have available at the meeting, for 1.0 hour CPE credit given to all participants requesting it and who are present for the presentation.+++Zoom Screen: Make sure your First and Last Name appear on your screen.
END:VEVENT
END:VCALENDAR