How Putin’s war increased theft of car parts

August 09, 2022

How Putin’s War Increased Theft of Car Parts | GZERO World

Russia’s war in Ukraine has had a global impact, causing global food shortages, an increase in refugees and skyrocketing energy prices. But it's also responsible for a rise in one type of petty crime in the United States? Thieves have been stealing catalytic converters or CATs, which help reduce toxic fumes from vehicles.

Why? Because they're made with palladium, of which the Russians control 40% of the global supply.

And it's not just palladium. Prices of many precious metals have jumped since the invasion.

Meanwhile, things have gotten so bad in America that CAT thefts are on the rise. And you know whom to blame for that.

**Watch the GZERO World episode:**Explaining inflation & what's next for the US economy

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Subscribe to GZERO Media's newsletter: Signal

Are there more autocracies than democracies in the world today, and why does it matter? María del Carmen Sacasa (UNDP LAC) argues we’re in a paradigm shift, not a terminal crisis.

Household debt rose to $18.39T in Q2. Payments are manageable now, but higher mortgage costs and student loan delinquency may soon strain household spending. Can consumers sustain resilience if the labor market continues to soften? Subscribe to Bank of Institute to read the full report.

Here is a look at how many workers of the 2 million civilian federal workers are in jeopardy until the government reopens.

After a spate of Russian drones appeared in European airspace, the European Commission is exploring a so-called “drone wall,” an air defense system that aims to detect and destroy drones that pass through Europe’s eastern borders.

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