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News & Articles By Arsenio Toledo
05/06/2022
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By Arsenio Toledo
Meat prices will continue to rise for the next two quarters, warns US meatpacker
National Beef, one of America’s largest meatpackers, has warned that the price of beef will continue rising at least for the next two quarters. The Kansas City-based beef processing company, whose parent is Brazilian food processing giant Marfrig, noted that it is expecting stable margins for the next two quarters. This suggests that their operating costs, […]
05/04/2022
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By Arsenio Toledo
Countries racing to take over global agriculture market following disappearance of Ukrainian and Russian food exports
Multiple countries are rushing to increase their agricultural output to make up for the disappearance of Russian and Ukrainian agricultural exports as a consequence of the war. Ukraine, known as the breadbasket of Europe, is still mostly unable to tend to its rich agricultural fields due to Russia’s invasion. Similarly, due to the Western economic […]
04/28/2022
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By Arsenio Toledo
IMF director ADMITS world’s central banks “printed too much money”
The director of the International Monetary Fund (IMF) slipped up and admitted that the world’s central banks may have printed too much money and did not think of the consequences. “I think we are not paying sufficient attention to the law of unintended consequences,” said Kristalina Georgieva, who has led the IMF as its chair and managing director since […]
04/27/2022
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By Arsenio Toledo
Stocks of shipping companies plummet as supply chain crisis worsens
Stocks of major shipping companies fell sharply on Monday, April 25, even as Wall Street’s main stock indexes closed on a high note. Many of them sank by double digits. Shipping stocks have long been regarded as good investments. For the past two years, shipping firms have seen massive – often record – growth and […]
04/27/2022
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By Arsenio Toledo
Chinese stock indexes CRASH as investor confidence drops due to resurgence of punishing lockdowns
Chinese stock markets plummet as investors become increasingly concerned over the resurgence of Wuhan coronavirus (COVID-19) lockdowns. The “zero-COVID” strategy imposed upon the entirety of the country by the Chinese Communist Party (CCP) has been a total failure. Not only have cases continued to surge in Shanghai, but more infections are also being detected all […]
04/17/2022
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By Arsenio Toledo
Biden’s inability to control inflation makes him “worse than Jimmy Carter,” says Home Depot co-founder
Billionaire businessman and Home Depot co-founder Ken Langone has branded President Joe Biden a failure because of his inability to control rising inflation. In an an appearance on “Your World with Neil Cavuto” on Fox News, Langone said Biden is “worse than Jimmy Carter.” “This was a real serious case of inflation. We lost a whole year on addressing the […]
04/15/2022
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By Arsenio Toledo
SUPPLY CHAIN NIGHTMARE: Taiwanese manufacturers operating in Shanghai forced to shut down operations due to China’s lockdown
Quanta, the Taiwanese electronics manufacturer that makes Macbooks for Apple, was forced to shut down its factory in Shanghai along with dozens of other Taiwanese companies due to Wuhan coronavirus (COVID-19) restrictions. Economic analysts are worried that the closure of production facilities in Shanghai, including those supplying electronics to tech companies, could spell even more […]
04/15/2022
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By Arsenio Toledo
Prices of wholesale goods in Germany post largest annual increase in 60 years
Germany’s year-over-year wholesale prices for March surged, with the country experiencing its biggest increase since wholesale price indexes were first calculated 60 years ago. This is according to the German Federal Statistics Office, known as Destatis, which recently released a report showing that wholesale prices of food, fuel and minerals increased by 22.6 percent in March […]
04/14/2022
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By Arsenio Toledo
Inflation surges by 8.5% to 40-year high, disproving White House claims it wouldn’t go higher than 2.2%
Despite the predictions of the White House that runaway inflation is on its way down, the latest report from President Joe Biden’s own Department of Labor shows that year-over-year inflation has surged to a new forty-year high of 8.5 percent in March. The consumer price index (CPI), which measures how much consumers pay for goods and services, last […]
04/07/2022
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By Arsenio Toledo
Peru’s leftist government calls in military, imposes curfew to crack down on inflation protests
The global inflation crisis is causing a massive social upheaval all over the world. In Peru, the left-wing government has resorted to calling in the military and imposing a curfew to prevent protests from escalating. The Peruvian economy was already struggling before commodity prices jumped to record highs due to the ongoing supply chain crisis […]
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