Eurozone annual inflation hits a record high for the sixth consecutive month
Eurozone inflation in April 2022 is expected to be 7.5%, hitting a record high for the sixth consecutive month.
March inflation in the U.S. likely set a new 40-year high
Inflation in the United States in March 2022 has likely set yet another 40-year high. The country has sees ever-rising costs for food, gasoline, housing and other necessities, threatening the economy.
Russia warns of global collapse, massive shifts taking place in the world
Brad of Full Spectrum Survival talks about Russia's warning of global collapse, oil to hit $200 per barrel, and nuclear war on the table. Another great channel that proved especially precise over the past couple of weeks is Canadian Prepper. One of his recent…
China stockpiling food at historically high levels
China is stockpiling food at historically high levels and now has more than half of the world's maize and other grains. By mid-2022, the country is estimated to hold 69% of the world’s corn reserves, 60% of rice, and 51% of wheat. At the end of 2021,…
Sri Lanka raids private warehouses after declaring a state of emergency due to food shortages
Sri Lankan government raided private warehouses outside capital Colombo to seize thousands of tonnes of sugar last week. The raids came a day after the country declaring a state of emergency due to food shortages. Major General Senarath Niwunhella, who was named…
A months’ ration of bread now at 44 percent of monthly minimum wage, Lebanon
Bread prices in Lebanon soared another 11% due to the worsening crisis, setting a monthly ration of family bread at 44% of the minimum monthly wage. A bag of flatbread costs 5 000 Lebanese Pounds in supermarkets, over three times as much as last year, according to…
Severe drought blamed for sharp decline in economy, exports of soy and corn, Argentina
The economy in Argentina declined sharply in the second quarter of 2018 as the country suffers its worst drought in decades and a steep decline in exports of soy and corn. Argentina was once the world's top exporter of soy and corn. According to the national…
World stock markets tumble as new phase of Greece debt crisis begins
World stock markets have tumbled on Monday, June 29, 2015 after Greece failed to reach a deal with its foreign creditors over the weekend and imposed new strict measures to deal with their debt crisis.Just before 01:00 UTC on June 29, Greek government closed all country
Satellite mapping reveals agricultural slowdown in Latin America
For the first time, satellite mapping of Latin America shows that the continent's agricultural expansion has waned in the wake of the global economic downturn, according to UBC research."Nearly every agricultural region across Latin America slowed down in
Croatia erases debt for poor citizens to boost economy
The small eastern European nation of Croatia has decided to let Christmas come early for its poorest citizens: Under a new initiative aimed at giving them a fresh start, the government is wiping out their debts, leaving some observers to relate the move to an ancient Bi