The Rhine River

Due to the exceptionally hot and dry weather, the Rhine river's water levels are quite low, making it difficult for many ships to travel the vital European commerce route with their cargo fully loaded.

About Rhine river

It is a western European canal that has played a significant role in the continent's culture and history. It is also among the most significant routes for industrial transportation worldwide.
It begins high in the Swiss Alps in two headstreams.
It empties into the North Sea through the Netherlands as it travels north and west from two minor headways in the Alps of east-central Switzerland.
Rhine River is a crucial route for a variety of goods, including wheat, chemicals, and coal.
It serves as a crucial connection between industrial manufacturers and international export terminals in North Sea ports like Rotterdam and Amsterdam, while canals and other rivers connect the Rhine to the Danube and enable shipping to the Black Sea.

Its impact on the German Economy:

Sipping cost has increased as more ships are needed to move consignments that would normally fit into a single vessel, adding to freight costs.
Shipping bottlenecks are another drag on the German economy, which is already grappling with high inflation, supply chain disruptions and soaring gas prices after Russia’s invasion of Ukraine in February.
The low Rhine water levels are expected to increase costs for chemicals companies such as BASF and could lead to production cuts.
Coal power plants – now back in fashion as an alternative to Russian gas supplies – also face supply shortages with boats unable to take on enough coal.

Also, Read - PIN Code History

Source: The Indian Express

Join Our Telegram

Voice clone-AI

Pradhan Mantri Suryodaya Yojana

06 Feb, 24
SHARE

Recently, Prime Minister announced Pradhan Mantri Suryodaya Yojana under which 1 crore households will get rooftop solar power systems. India’s Status of Current Solar Capacity India currently stands at 4th place globally in solar power capacity. As per Ministry of New an

Foreign Contribution Regulation Act (FCRA)- NGO

06 Feb, 24
SHARE

The Foreign Contribution Regulation Act, 2010 (FCRA) registration of two prominent non-governmental organisations (NGOs) — Centre for Policy Research (CPR) and World Vision India (WVI) have been cancelled this month. What is FCRA? Key provisions of FCRA, 2010 Key aspects Description

Voice clone-AI

06 Feb, 24
SHARE

Voice clone fraud has been on the rise in India. AI voice cloning – It is the process of creating a synthetic replica of a person’s voice through machine learning and speech synthesis technology.It is called as voice deepfakesor audio deepfakes. Objective – To achieve a high level of na

Science communication- how to promote

06 Feb, 24
SHARE

Steps taken by India to promote Science Communication Publications and Information Directorate (PID) - An organisation under Council of Science and Industrial Research (CSIR) established in 1951 for publishing and disseminating scientific information in India. National science magazines- The PI

Universal Basic Income (UBI)- Analysis

05 Feb, 24
SHARE

Universal Basic Income (UBI) can strengthen welfare architecture and unlock the nation’s latent demographic potential. UBI - It is an income support mechanism typically intended to reach all or a very large portion of the population regardless of their earnings or employment status. Objective- To provide enough to co