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News & Articles By Arsenio Toledo
10/20/2021
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By Arsenio Toledo
Biden is not doing anything to resolve the supply chain crisis
President Joe Biden and the leading members of the Democratic Party are not doing anything to resolve the ongoing supply chain crisis that is gripping the nation. On Oct. 13, Biden made an announcement ordering the operators of the Port of Los Angeles and its major retailer customers to begin operating 24 hours a day, seven […]
10/19/2021
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By Arsenio Toledo
Meat prices surge by 10.5% as supply chain issues hit meat industry hard
Food prices have been on the rise in recent months due to the supply chain crisis currently gripping the United States. This has affected meat goods the most, with the latest consumer price index showing meat prices have risen by 10.5 percent since last year. This is according to the latest data from the Bureau of […]
10/18/2021
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By Arsenio Toledo
Massive congestion in Chinese ports indicate global supply chain disruptions will continue
There is currently massive congestion in ports all over the world. This disaster is also affecting China as the country’s ports are now filled with goods waiting to be unpacked and transported. The seas around China’s ports are also packed with ships waiting to unload their containers. Containerized trades through Chinese ports account for as much as 40 […]
10/15/2021
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By Arsenio Toledo
Extended energy supply shortage looms as prices for oil and natural gas soar
The prices of oil and natural gas have been on an extended climb, a trend that is warning America that energy supply shortages will soon become more commonplace. On Monday, Oct. 11, the price of U.S. crude oil rose by 1.5 percent to $80.52 a barrel. This is the first time the price of crude […]
10/14/2021
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By Arsenio Toledo
A record 4.3 million workers quit their jobs in August because of unemployment benefits and vaccine mandates
A record 4.3 million workers quit their jobs in August, according to data from the Department of Labor. This wave of mass resignations is caused by expanded unemployment benefits and Wuhan coronavirus (COVID-19) vaccine mandates. Small businesses are expected to bear the brunt of the damage caused by this difficult situation. According to the Bureau of Labor Statistics, […]
10/14/2021
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By Arsenio Toledo
Supply chain issues, soaring food prices wreak havoc on US economy #EmptyShelvesJoe
Food prices in the United States have skyrocketed to their highest levels in a decade as compounding supply chain issues continue to wreak havoc on businesses everywhere. This is according to the United Nations’ Food and Agriculture Organization (FAO), which releases a monthly Food Price Index (FFPI) that measures “the monthly change in international prices of a basket […]
10/14/2021
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By Arsenio Toledo
Farmers hit hard as supply chain crisis causes massive shortage in machinery and parts
The pressure hitting the global supply chain has hit America’s agriculture industry hard. Farmers and ranchers all over the United States are seeing the prices of essential machinery, spare parts, packaging material, inputs and other supplies rise drastically due to mounting delays that have caused dire shortages. Kim Rominger, president and CEO of Equipment Dealers Association, a […]
10/13/2021
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By Arsenio Toledo
Inflation worries reach Japan as global financial crisis looms
Inflation worries have reached the shores of Japan, a country known for being prone to deflation, leading to fears of a global financial crisis that could upend the world’s already strained supply chains. “How far it may rise depends on currency and commodity prices, but it looks to remain elevated and a sharp drop is unlikely,” […]
10/12/2021
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By Arsenio Toledo
Price of coal futures in China surges as heavy rains force mines to close, worsening country’s energy crisis
Torrential rains in one of China’s northern provinces have forced coal mines to shut down, worsening the communist nation’s energy crisis and leading to a spike in coal futures. Shanxi, around 300 miles to the southwest of Beijing, has experienced record-breaking rainfall over the weekend. This has led to over 120,000 people being evacuated from flooded areas […]
10/11/2021
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By Arsenio Toledo
Iowa farmland just sold at the record price of $26,000 per acre
The value of farmland in Iowa has been increasing at a historic rate, with a piece of farmland recently being sold at a record $26,000 per acre. Expert land appraisers believe these historic high rates will lead to more land entering the market, as higher prices attract more sales. The farmland is located at Johnson […]
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