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News & Articles By Mary Villareal
10/13/2021
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By Mary Villareal
Lebanon goes dark amidst worst economic crisis since 1800s
The entire country of Lebanon was plunged into darkness on Saturday, October 9, as two of the state’s electric company’s main power stations ran out of fuel. The al Zahrani and Deir Ammar power stations stopped working after diesel supplies were exhausted and energy production dropped below 200 megawatts. An official has confirmed that the […]
10/07/2021
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By Mary Villareal
Food bank shortages and lack of transport truck drivers threaten to ruin holiday celebrations
Mainstream media is now issuing warnings about holiday food bank parcels getting smaller as the supply chain remains broken amidst the Wuhan coronavirus (COVID-19) pandemic. A combination of declining food bank storage and an expected explosion in demand for charity support could result in food shortages for the holiday season. According to reports, food banks […]
10/05/2021
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By Mary Villareal
Supply chain crisis could push global economic recovery off course
A supply crunch for non-essential items is creating a full-blown crisis as it leads to shortages in energy, labor and transport in various parts of the globe. All these problems are parts of the rising post-pandemic consumer demands that could push the global economic recovery off course. Mohamed El-Erian, insurance giant Allianz’s adviser and president of […]
09/29/2021
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By Mary Villareal
Food shortages are widespread and have gotten worse during the pandemic
The supply chain crisis being faced by supermarkets is far worse than indicated by mainstream media. While many insist on “temporary” shortages, an industry insider has revealed that things are worse than expected. According to the unnamed insider, things are as bad as he’s ever seen, saying that he has “never seen anything close to […]
09/29/2021
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By Mary Villareal
Tech companies amass large portfolios of new properties during pandemic
The biggest U.S. companies are sitting on huge piles of cash, and they are running out of ways to spend it. So now, they are putting their money in a lot of commercial real estate. Last week, Google announced that it would purchase a Manhattan office building for $2.1 billion. This is only the latest in […]
09/24/2021
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By Mary Villareal
Food prices increase as fertilizer costs surge
Prices for synthetic fertilizers are at their highest levels since the beginning of the financial crisis. This means that people can expect weaker harvests and increasing grocery bills in the next year as the world’s supply chains start to recover. Due to extreme weather, plant shutdowns and government sanctions, the chemical fertilizer market is slamming already struggling […]
09/23/2021
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By Mary Villareal
Brazil coffee crops shrinking due to droughts and frosts, leading to shortages
During a normal year, Brazilian coffee farmers should be filling warehouses with the world’s biggest harvest of coffee beans by September. This year, however, the crop is so small, the long lines of trucks that used to queue for cargo have disappeared. Brazil is found to have harvested nearly 40 percent less arabica coffee compared to […]
09/17/2021
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By Mary Villareal
Online shopping hit by inflation during pandemic
Online goods have seen a rise in prices for an unprecedented 15 months as inflation hits categories such as pet products, nonprescription drugs, groceries, furniture and flower arrangements, according to reports. The growth in digital prices across the industry means that e-commerce transactions are set to account for roughly $1 of every $5 spent by […]
09/16/2021
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By Mary Villareal
Dems planning a $3 trillion tax hike on working families, small businesses
Democrats are proposing an almost $3 trillion increase in taxes on small businesses and working families. This is the largest tax increase since 1968 in terms of the size of the economy, and the largest tax increase ever in nominal dollars. The total slate of proposed tax increases is still in its preliminary estimate; however, […]
09/15/2021
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By Mary Villareal
Europe energy prices spike as winds pause in stormy North Sea
Winds in the stormy North Sea stopped blowing, and Europe, which already lacks natural gas, found electricity markets surging. This sudden slowdown in wind-driven electricity production in the U.K. caused a sudden switch in the direction of regional energy markets as gas and coal-fired electricity plants were called to make up for the shortfalls. Natural […]
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