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05/06/2022
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By Arsenio Toledo
Meat prices will continue to rise for next two quarters, warns US meatpacker
National Beef, one of America’s largest meatpackers, has warned that the price of beef will continue rising at least for the next two quarters. The Kansas City-based beef processing company, whose parent is Brazilian food processing giant Marfrig, noted that it is expecting stable margins for the next two quarters. This suggests that their operating costs, […]
05/05/2022
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By News Editors
Why every American should care that diesel prices are surging across the country
Gasoline prices are increasing almost daily, pinching the wallets and pocketbooks of nearly all Americans with cars. However, as bad as that news is, diesel prices are surging even more across the country. Today’s truckstop retail diesel prices hit a new record of $5.32/gallon. Since February 1st, national truckstop diesel prices have increased by $1.57/gallon. […]
05/04/2022
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By Arsenio Toledo
Countries racing to take over global agriculture market following disappearance of Ukrainian and Russian food exports
Multiple countries are rushing to increase their agricultural output to make up for the disappearance of Russian and Ukrainian agricultural exports as a consequence of the war. Ukraine, known as the breadbasket of Europe, is still mostly unable to tend to its rich agricultural fields due to Russia’s invasion. Similarly, due to the Western economic […]
05/04/2022
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By Ethan Huff
China’s latest lockdowns will shut down U.S. trucking this summer
The situation in communist China with the government’s new Wuhan coronavirus (Covid-19) lockdowns in Shanghai and Guangzhou – and now Beijing – is slated to decimate America’s trucking industry this summer. United States truckload volumes were already down in February and March for reasons not specifically related to China, and now they are expected to […]
05/03/2022
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By Mary Villareal
Ocean freight rates climb for third straight month; volatile global shipping costs worsening inflation
Ocean freight rates have climbed for the third consecutive month in April, this time by 11.1 percent. The increase now stands at 109.9 percent year-over-year. According to the International Monetary Fund, there is a correlation between the volatile global shipping costs and ongoing inflation. Data from 143 countries over the past 30 years have shown […]
05/03/2022
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By Ethan Huff
SHOCK as green energy insiders admit 90% of supply chain does not exist to build electric cars
The globalist-engineered shift to so-called “green” energy is not exactly going so well in the current economic climate. Both the wind and solar sectors are reporting massive declines in profit over the past year due to supply chain problems, market uncertainty and now the crisis in Ukraine, reports claim. The electric vehicle industry is also […]
04/26/2022
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By Ethan Huff
China’s shutdown of Shanghai port will ripple across the entire world by summer
There is a major backlog of shipping vessels piling up off the coast of Shanghai, and the global effects of this will soon be seen. Because of another Wuhan coronavirus (Covid-19) lockdown, hundreds or even thousands of shipping vessels are floating around in the waters next to China. Whatever their containers contain is not getting […]
04/25/2022
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By Kevin Hughes
Remote workers blame inflation, rising cost of gas for need to work from home
Remote workers are blaming Biden-fueled inflation charges and soaring costs of gas and childcare for their ongoing need to work from home. Now that the Wuhan coronavirus (COVID-19) positivity rates are low, remote work advocates are no longer blaming their desire to stay home on safety concerns, but instead on the financial effects of their day-to-day office schedule, which is […]
04/15/2022
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By Arsenio Toledo
SUPPLY CHAIN NIGHTMARE: Taiwanese manufacturers operating in Shanghai forced to shut down operations due to China’s lockdown
Quanta, the Taiwanese electronics manufacturer that makes Macbooks for Apple, was forced to shut down its factory in Shanghai along with dozens of other Taiwanese companies due to Wuhan coronavirus (COVID-19) restrictions. Economic analysts are worried that the closure of production facilities in Shanghai, including those supplying electronics to tech companies, could spell even more […]
04/15/2022
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By Arsenio Toledo
Prices of wholesale goods in Germany post largest annual increase in 60 years
Germany’s year-over-year wholesale prices for March surged, with the country experiencing its biggest increase since wholesale price indexes were first calculated 60 years ago. This is according to the German Federal Statistics Office, known as Destatis, which recently released a report showing that wholesale prices of food, fuel and minerals increased by 22.6 percent in March […]
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