Home » Economics (Page 116)
Category Archives: Economics
Europe’s gas price surge is about to hit you in the belly
Europe’s gas price surge is about to hit you in the belly Soaring fertilizer prices are set to push up the price of food. With the price of fertilizer increasing, food prices will follow | Chandan Khanna/AFP via Getty Images Voiced by Amazon Polly LUXEMBOURG — It’s not just your heating bill that risks going up thanks […]
Lies, Lies & More Lies from the Financial Press
Lies, Lies & More Lies from the Financial Press COMMENT: Marty; the Fed quietly published the banks it was funding in the Repo Crisis. I just wanted to say, you are always right. The press claimed it was tax time, but you said it was the crisis in European banks. Your sources are always spot on. […]
Europe’s Energy Crisis Is a Warning Sign for America
A tanker is stocked with fuel as workers walk past at the Hamble oil refinery near Southampton, southern England, on Oct. 4, 2021. (Adrian Dennis/AFP via Getty Images) Europe’s Energy Crisis Is a Warning Sign for America An energy crisis is rocking the world, the likes of which we haven’t seen since the 1970s. Although headlines about […]
Producer Price Inflation Hits New Record High, Pricing Pressures Near ’70s Peak
Producer Price Inflation Hits New Record High, Pricing Pressures Near ’70s Peak After CPI’s “transitory”-narrative-busting rebound, analysts expected Producer Prices to accelerate even further into record territory and it did – jumping 0.5% MoM to a new record 8.6% YoY. Bothe prints were modestly below the expected levels (+0.6% MoM and +8.7% YoY respectively)… Source: […]
Here’s Why Modern Unbacked Money Derives Value from Gold
Here’s Why Modern Unbacked Money Derives Value from Gold Photo by Giorgio Trovato This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The value behind money, why gold’s price has grudgingly responded to recent market turmoil and what higher energy prices mean for gold and […]
Contagion!
Contagion! There has been a litany of bad news recently, including the U.S. August humiliation in Afghanistan, China’s aggressive actions against Taiwan and increased tensions with Iran, North Korea and Russia. It will take the U.S. years, possibly decades, to recover from the debacle of August 2021 and the collapse of American prestige. All of […]
Putin: $100 Oil Is “Quite Possible”
Putin: $100 Oil Is “Quite Possible” It is “quite possible” that the WTI Crude oil prices reach $100 per barrel in light of growing global demand for energy commodities, Russian President Vladimir Putin said on Wednesday Putin: Russia and its allies in the OPEC+ oil producer group want a stable oil market without any shock […]
Now A U.S. Government Official Is Telling Us That The Supply Chain Nightmares Could Potentially Last For Years
Now A U.S. Government Official Is Telling Us That The Supply Chain Nightmares Could Potentially Last For Years The truth is starting to come out, and a lot of people aren’t going to like it. When the supply chain problems and the shortages began, government officials repeatedly assured us that they would just be temporary, […]
Here is The Hidden $150 Trillion Agenda Behind The “Crusade” Against Climate Change
Here is The Hidden $150 Trillion Agenda Behind The “Crusade” Against Climate Change We now live in a world, where bizarro headlines such as the ones below, have become a daily if not hourly occurrence: *TREASURY TO STUDY IMPACT OF CLIMATE ON HOUSEHOLDS, COMMUNITIES *TREASURY LAUNCHES EFFORT ON CLIMATE-RELATED FINANCIAL RISKS *BRAINARD: CLIMATE-SCENARIO ANALYSIS WILL […]
Solving the climate crisis requires the end of capitalism
Solving the climate crisis requires the end of capitalism Overcoming the climate crisis will require a shift away from our growth-based, corporate-dominated global system General view during the Global Climate Strike March on October 02, 2020 in Durban, South Africa. According to media reports, the group demanded that individuals and governments must take stronger action […]
Here’s Why Energy Prices & Shortages Are Going Berserk | Art Berman
Here’s Why Energy Prices & Shortages Are Going Berserk | Art Berman Energy is suddenly headline news. Oil, which traded at negative prices for a brief moment last year due to the global economic slowdown caused by the pandemic, is now expected by a number of analysts to hit $100/barrel soon. Europe is worried about […]
Oil settles up 1.5%; hits multi-year highs on surging demand
Oil settles up 1.5%; hits multi-year highs on surging demand Oil prices surge, adding to global energy crunch BENGALURU, Oct 11 (Reuters) – Oil prices jumped on Monday to the highest levels in years, fuelled by rebounding global demand that has contributed to power and gas shortages in key economies like China. Brent crude rose […]
IMF Issues Global Stagflation Alert: Cuts Global GDP As It Warns Of Rising Inflation And “Dangerous Divergence”
IMF Issues Global Stagflation Alert: Cuts Global GDP As It Warns Of Rising Inflation And “Dangerous Divergence” In its latest World Economic Outlook report published on Tuesday morning, the International Monetary Fund voiced its starkest caution about stagflation yet, warning that the global economic recovery has lost momentum and become increasingly divided, even as it warned about rising […]
Gas prices skyrocket as the global energy crisis worsens
Gas prices skyrocket as the global energy crisis worsens New York (CNN Business)The cost of energy was dirt cheap in the spring of 2020 as roads and airports sat nearly empty during the height of the Covid-19 pandemic. Energy demand is back today as the world economy reopens — but supply simply hasn’t kept up. That’s […]
