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Ukraine war: World Bank warns of ‘human catastrophe’ food crisis
Ukraine war: World Bank warns of ‘human catastrophe’ food crisis IMAGE SOURCE,GETTY IMAGES The world faces a “human catastrophe” from a food crisis arising from Russia’s invasion of Ukraine, World Bank president David Malpass has said. He told the BBC that record rises in food prices would push hundreds of millions people into poverty and […]
Will We Have Food Shortages In America?
Will We Have Food Shortages In America? Aerial shot of a milling tractor (Tom Fisk/Pexels). Higher Food Prices And Shortages? Our system has been betting on higher food prices since earlier this year, and of course the war in Ukraine has put upward pressure on food an energy. But now one of our Twitter correspondents […]
David Stockman on Inflationary Hell That’s About to Break Loose
David Stockman on Inflationary Hell That’s About to Break Loose It is only a matter of time before Kiev surrenders to the Russians, with or without their clown-car president signing the armistice. But that deal will be so onerous from Washington’s perspective that it will not mark the end of the sanctions war, but will […]
Resource limits and our strange game of musical chairs
Resource limits and our strange game of musical chairs With a wide range of commodities in limited supply, various regions of the world are now behaving as if they are engaged in simultaneous games of musical chairs when it comes to commodity shortages. The games differ by commodity and by region, but they all share […]
One-Third of Ukraine Farmland May Go Unplanted As Russia Begins ‘Second Phase’ Of War
One-Third of Ukraine Farmland May Go Unplanted As Russia Begins ‘Second Phase’ Of War About one-third of Ukraine’s farmlands may not be harvested or cultivated this year as Russia begins the second phase of the conflict in the war-torn country. The Food and Agriculture Organization of the United Nations (FAO) noted in a report on Tuesday that […]
Global Rice Production Set To Plunge 10%, Threatening Half Of Humanity
Global Rice Production Set To Plunge 10%, Threatening Half Of Humanity Farmers in China, India, Bangladesh, Indonesia, and Vietnam — the largest rice-producing countries could experience reduced output due to soaring fertilizer prices. The International Rice Research Institute warns that harvests could plunge as much as 10% in the next season, equating to about 36 […]
3 Factors Which Are About To Make The Coming Food Shortages Even Worse
3 Factors Which Are About To Make The Coming Food Shortages Even Worse A confluence of circumstances has come together to create a “perfect storm” for global food production, and now that “perfect storm” is about to get even worse. For months I warned that this crisis was coming, and in recent weeks I have […]
NATO Sanctions and the Coming Global Diesel Fuel Disaster
NATO Sanctions and the Coming Global Diesel Fuel Disaster Amid the ongoing global inflation crisis, NATO heads of state and mainstream media repeat a mantra that high energy prices are a direct result of Putin’s actions in Ukraine since end of February. The reality is that it is the western sanctions that are responsible. Those […]
Will Famine Emerge by Year End? Yes.
Will Famine Emerge by Year End? Yes.
Europe To Cap Potash Imports As Planting Season Begins
Europe To Cap Potash Imports As Planting Season Begins The EU is expected to deliver another shock to its agricultural sector by capping Russian imports of potash, a crucial ingredient for growing food, according to Bloomberg, citing a Dow Jones report. The European Commission is expected to imminently unveil broad new sanctions on Russia. Much of […]
Why Renewables Can’t Solve Europe’s Energy Crisis
Why Renewables Can’t Solve Europe’s Energy Crisis Europe has been aggressively pursuing a clean energy future and the end of fossil fuels, but Russia’s invasion of Ukraine has highlighted the shortcomings of renewables. The soaring prices of key metals and the length of time it takes to implement renewable energy projects have meant Europe is […]
EU Pushes To Break “Energy Taboo” With Proposed Ban On Russian Coal Imports
EU Pushes To Break “Energy Taboo” With Proposed Ban On Russian Coal Imports Update (0825ET): As EU ambassadors meet on Tuesday to discuss another proposal on Russian sanctions, German Foreign Minister Annalena Baerbock insisted that the EU would “completely end” its fossil fuel dependence on Russia, starting with coal. Of course, as we noted below, Germany […]
The Dollar Dethroned: We Have Reached The End Of Monetary Policy As We All Once Knew It
The Dollar Dethroned: We Have Reached The End Of Monetary Policy As We All Once Knew It And the world hasn’t even noticed yet. People who speak out openly with concern about the potential death of the U.S. dollar have been written off as conspiracy theorists for the better part of the last few decades. […]
