marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
environment
04/17/2022
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By Arsenio Toledo
Biden’s inability to control inflation makes him “worse than Jimmy Carter,” says Home Depot co-founder
Billionaire businessman and Home Depot co-founder Ken Langone has branded President Joe Biden a failure because of his inability to control rising inflation. In an an appearance on “Your World with Neil Cavuto” on Fox News, Langone said Biden is “worse than Jimmy Carter.” “This was a real serious case of inflation. We lost a whole year on addressing the […]
03/30/2022
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By Arsenio Toledo
Drought conditions causing surge in cotton prices, raising fears clothes could become more expensive
Freak weather patterns in the United States, including drought conditions in Texas, are affecting the price of cotton, signaling fears that clothes are about to get more expensive. On Monday, March 28, cotton futures in Texas jumped by four percent to reach a price of $1.3171 per pound. At one point during the trading day, cotton futures […]
02/24/2022
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By Arsenio Toledo
Over 14,000 “ghost flights” flew out of UK airports following suspension of a rule preventing such flights
More than 14,000 “ghost flights” have departed from airports in the United Kingdom, according to newly revealed official figures. A ghost flight is defined as an airline flight that sets out towards its destination either with no passengers at all or with less than 10 percent of its passenger capacity filled. Ghost flights have been […]
11/12/2021
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By Matthew Davis
PAY MORE OR FREEZE: Extremely cold winter to put upward pressure on prices of natural gas
The Energy Information Administration (EIA) said natural gas prices are expected to be volatile across the United States as the winter heating season begins. In its Short Term Energy Outlook (STEO) published on Nov. 9, the EIA estimated that U.S. natural gas storage levels had risen to within 3 percent of the previous five-year average at the end […]
11/03/2021
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By Mary Villareal
Oat prices reach record high amid droughts
Prices for oats and grains are up nearly 150 percent over the last year due to extremely dry weather in key growing regions. The drought was estimated to cut U.S. oat production by up to 40 percent, with the United States Department of Agriculture (USDA) saying this year’s oat crop was the smallest on record at only 40 million bushels. […]
10/28/2021
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By Arsenio Toledo
Farmers all over the world are worried the supply chain crisis will affect next year’s harvest
Farmers all over the world are concerned that the ongoing supply chain crisis will have a disastrous effect on their 2022 crop outputs. Input prices – or all the costs that go into a harvest – are already making it difficult for farmers in the United States to operate normally. According to financial services company StoneX Group, […]
10/27/2021
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By Cassie B.
Severe drought in South America wreaking havoc on shipping, energy, fishing and drinking water supplies
The effects of the severe ongoing drought in South America can be felt throughout the continent, with the second-longest river there, the Parana River, hitting a 77-year low that is compromising commercial shipping, fishing and the drinking water supply of 30 million people. Paraguay is being especially hard hit. The landlocked nation of seven million […]
10/21/2021
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By News Editors
Green policies return the world to coal
There’s scarcely a place in the modern world that will not be feeling the high cost and discomfort of a shortage of energy supplies and their increasingly soaring prices. Lebanon already is. Due to a shortage of oil, the two power plants that supply 40% of that country’s electricity shut down. There is no electricity in Lebanon […]
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 […]
09/15/2021
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By Mary Villareal
Europe energy prices spike as winds pause in stormy North Sea
Winds in the stormy North Sea stopped blowing, and Europe, which already lacks natural gas, found electricity markets surging. This sudden slowdown in wind-driven electricity production in the U.K. caused a sudden switch in the direction of regional energy markets as gas and coal-fired electricity plants were called to make up for the shortfalls. Natural […]
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