If you think inflation is bad now, hang on to your purse strings — via financialpost inflation gas groceries COVID19
Just as the economic impact of the COVID-19 pandemic had begun to fade, new risks have emerged. Russia’s invasion of Ukraine has sent the price of commodities skyrocketing and threatens further disruptions to already weak supply chains.
Russia is one of the top three oil producers in the world and Russia and Ukraine account for about a quarter of global wheat and barley exports and 14% of corn. Russia is also a major supplier of some base metals and fertilizers. World food prices are now forecast to rise by more than 14% in 2022, four percentage points faster than before the Russian invasion, says Oxford Economics.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Elon Musk Won’t Sell His Bitcoin, Reveals What Assets to Hold During High InflationElon Musk, the world's richest man, revealed what assets he thinks it's good to hold when inflation is high while saying he won't sell his BTC, ETH, and DOGE.
Lire la suite »
Portable Convertible Backpacks That Go From Business to CasualPurses and backpacks are great, but convertible backpacks are much better. These convertible backpacks, which transform from bags to backpacks in seconds, are game-changers.
Lire la suite »
Americans remain critical of Biden's handling of inflation, support ban on Russian oil: POLLAmericans overwhelmingly support the White House's proposed ban on Russian oil, though they remain very critical of Pres. Biden's handling of the economy, in general, and inflation, in particular, according to a new ABC News/Ipsos poll.
Lire la suite »
Crypto vs. physical: Musk-Saylor inflation debate boils down to scarcityElon Musk will continue hodling Bitcoin, Etherium, Dogecoin amid rising inflation “for what it's worth.”
Lire la suite »
How to protect your spending power from inflationWith inflation chipping away at your spending power, how can you protect yourself?
Lire la suite »
San Antonio finance specialist explains rise in gas, inflation levelsWe are seeing record gas prices and the highest levels of inflation in 40 years.
Lire la suite »