marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
supply chains
03/29/2022
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By Kevin Hughes
BlackRock CEO: Conflict in Ukraine marks end of globalization
BlackRock CEO Larry Fink said that the conflict in Ukraine marks the end of globalization as governments and businesses sever ties with Russia. BlackRock, the world’s biggest asset manager, is a leading provider of investment, advisory and risk management solutions. “The Russian invasion of Ukraine has put an end to the globalization we have experienced over […]
02/15/2022
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By Kevin Hughes
Inflation is officially up 7.5 percent from last year, highest annual increase since 1982
The Department of Labor announced Thursday, February 10, that inflation in January rose 7.5 percent compared to the same month last year, the highest since February 1982 which was 7.6 percent. The year-over-year rate or “annualized rate” in December 2021 was 7.1 percent. The number surpassed economists’ prediction that consumer prices in January would increase to […]
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 […]
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 […]
09/15/2021
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By Arsenio Toledo
Food price inflation hitting world’s poorest countries the hardest
Global food prices have been climbing for over a year by now. While Americans have definitely felt a lot of pressure from the inflation, the worst effects have been felt by people in poorer and developing countries. According to the latest data from the United Nations’ Food and Agriculture Organization, food prices have risen by 40 […]
06/24/2021
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By Arsenio Toledo
Surging food prices force restaurants to increase cost of menu items
Food prices are surging in grocery stores and restaurants, hitting small businesses very hard. “They haven’t gone up. They’ve almost doubled,” said Nick Rando, owner of an Italian restaurant in Natick, Massachusetts. Rando said that in January, red meat and steak cost him $7.35 a pound. “Last week, it was $13.20 a pound.” People in Massachusetts […]
02/03/2020
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By Ethan Huff
China’s global supply chains collapsing due to coronavirus
Novel coronavirus is spreading to the four corners of the globe, creating fear and panic about a potential out-of-control global pandemic. But another major threat is the economic impact of this disease, which is already disrupting China’s global supply chains and threatening to trigger a collapse. Reports indicate that people are increasingly deciding not to […]
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