reliance

It does feel a far cry from the days when Nicola Sturgeon was declaring a climate emergency and hosting a global summit aimed at ending reliance on fossil fuels.

The U.S., meanwhile, has been taking small steps to ease its reliance on Beijing for these critical materials, making China’s efforts to tighten control of the market a little less effective.

That’s echoed by UBS economists who say China will likely continue to support “self-sufficiency” technology that reduces reliance on foreign products.

Weaning India off its heavy reliance on discounted Russian crude is challenging.

“There were different ways to achieve relatively strong returns, and that’s different than we’ve seen before,” she said, referencing endowments’ significant prior reliance on U.S. stock markets.