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News & Articles By Arsenio Toledo
12/22/2021
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By Arsenio Toledo
Global supply chain crisis expected to last another TWO YEARS
Experts have warned that the global supply chain crisis could last another two years if world leaders do not act immediately. Although there are signs around the world that some bottlenecks in the supply chain are easing up, economists pointed out that the resurgence of the Wuhan coronavirus (COVID-19) – especially in highly vaccinated countries – could […]
12/21/2021
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By Arsenio Toledo
Supply chain crisis threatens lucrative holiday sales of many companies
The supply chain crisis is robbing many companies of potential lucrative holiday sales as they are unable to offer Christmas shoppers the products they want due to transportation delays, goods shortages and staffing problems. America’s supply chain collapse has led to businesses having trouble sourcing everything from gaming consoles and other potential gifts to holiday decorations […]
12/16/2021
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By Arsenio Toledo
World Economic Forum simulates global cyberattack that could bring about “Great Reset”
The World Economic Forum (WEF) is now predicting a global cyberattack that shares many characteristics with the Wuhan coronavirus (COVID-19). Klaus Schwab, founder and executive director of the WEF, called this crisis scenario a “Great Reset.” “The frightening scenario of a comprehensive cyberattack could bring a complete halt to the power supply, transportation, hospital services, […]
12/15/2021
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By Arsenio Toledo
Fed survey shows Americans expect inflation to get worse
Americans are becoming increasingly concerned about future surges in inflation. This fear accelerated for the 13th consecutive month in November to a new record high, according to the latest survey published by the Federal Reserve Bank of New York on Monday, December. 13. Consumers surveyed by the New York Fed said they believe inflation will reach a […]
12/13/2021
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By Arsenio Toledo
Inflation climbed to 6.8% in November – highest rate in nearly 40 years
Data for November shows that inflation climbed to 6.8 percent, the highest it has been since June 1982. That was during the early years of former President Ronald Reagan’s administration, when the United States was going through a steep and persistent recession. The inflation for June of that year surpassed the seven percent threshold. (Related: Companies believe supply chain […]
12/03/2021
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By Arsenio Toledo
Companies believe supply chain issues, labor shortages are main causes of inflation crisis
The Federal Reserve found in a survey that companies believe supply chain bottleneck issues and low worker retention rates are some of the main causes of the inflation crisis in the United States. The survey was conducted by the Fed’s 12 regional banks. “Nearly all districts reported robust wage growth,” said the Fed. “Hiring struggles and elevated […]
11/25/2021
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By Arsenio Toledo
Retailers to raise prices for thousands of food products in 2022
With the inflation crisis expected to persist well into 2022, multiple large retailers have already announced their plans to raise their prices next year. Earlier this month, Mondelez CEO Dirk Van de Put said that the company’s most popular products like Oreo cookies, Ritz crackers and Sour Patch Kids will be more expensive next year. “We, at […]
11/23/2021
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By Arsenio Toledo
Firewood sales soar all over the country as prices of other fuel sources skyrocket
More and more Americans are turning to firewood for their heating needs amid the surge in the price of fuel sources like natural gas, heating oil and propane caused by the global energy crisis. Yakelin Vigil, CEO of OC Firewood Delivery in Southern California, recently told Fox Business about the sharp increase in firewood demand this year. The […]
11/22/2021
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By Arsenio Toledo
California temporarily increases weight limit for trucks in bid to resolve port congestion crisis
The California Department of Transportation (CalTrans) announced on Wednesday, November 17, that it will issue temporary permits that will allow trucks to carry heavier import loads. The state government hopes this change can help resolve the state’s port congestion crisis. However, experts believe it is unlikely to produce the intended reductions in the huge cargo container backlogs at California’s ports. […]
11/19/2021
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By Arsenio Toledo
Beef prices surge 20% due to inflation and endless money printing
Beef prices in the United States are soaring largely due to uncontrolled inflation and endless money printing by the federal government. According to the Consumer Price Index (CPI) of the Department of Labor’s Bureau of Labor Statistics (BLS), beef prices in October rose by 20.1 percent compared to the same month last year. Of the many products listed in […]
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