How Putin’s war increased theft of car parts
August 09, 2022
Global Stage LIVE from United Nations WATCH REPLAY
Highlights from the GZERO World with Ian Bremmer weekly television show.
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.
Every week on GZERO World with Ian Bremmer, Ian explains the key global stories of the moment, sits down for an in-depth conversation with the newsmakers and thought leaders shaping our world.
Watch GZERO World on US public television and on GZERO's YouTube channel. GZERO WORLD with Ian Bremmer is a local public television program presented by THIRTEEN PBS.
Keep up with what’s going on around the world - and why it matters.