marketcrash
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04/07/2023
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By Ethan Huff
New post-pandemic dining restrictions in some cities charge customers hundreds of dollars just to get seated at a table
A lot has changed ever since the Wuhan coronavirus (Covid-19) was forced on the world, including in the food service industry. Some restaurants in major cities like Chicago have begun imposing minimum purchase requirements on their patrons, or charging cancelation fees for reservations. Mandatory minimums are gradually becoming the norm in some areas, especially at […]
06/07/2022
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By Mary Villareal
Russia responds to another round of EU sanctions by restricting exports of noble gases like neon, which is essential for making computer chips
Russia’s Ministry of Trade and Industry has announced that the country will limit until the end of 2022 the exports of noble gases such as neon, which is an essential element in making computer chips. The move is expected to worsen the ongoing supply crunch in the global chip market. Ukraine was also one of […]
05/07/2021
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By Virgilio Marin
Turkey enters first nationwide covid lockdown while grappling with an ailing economy
Turkey entered its first nationwide lockdown on Thursday, April 29, right in the midst of an economic crisis. Turkish President Recep Tayyip Erdogan said that he ordered the nearly three-week lockdown to keep Wuhan coronavirus (COVID-19) cases below 5,000 ahead of the upcoming tourist season. Under the new restrictions, residents are not allowed to leave their homes except when shopping for groceries […]
04/11/2021
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By Virgilio Marin
Gasoline prices in California approaching $4 per gallon
Gasoline prices in California came close to $4 per gallon on April 8. The average price at the pump climbed by 18 cents in the last month to $3.93 per gallon, according to the American Automobile Association (AAA). AAA spokesperson Jeff Spring said that the average price last topped $4 in November 2019. In the San […]
10/23/2020
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By JD Heyes
A wave of evictions is set to sweep across the country as COVID-19 reprieve expires
As the coronavirus pandemic swept across the country, governors and mayors — on the advice of ‘scientists’ — rushed to enact restrictive lockdowns that included orders to shutter scores of ‘non-essential’ businesses. The closures of those businesses, many now for months, is what led to rampant and historic unemployment in nearly every sector of society. […]
10/08/2020
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By JD Heyes
No, “coronavirus” hasn’t thrown 100 million into extreme poverty… virus LOCKDOWNS did that
For the first time in recorded history, world leaders who are supposed to have access to cutting-edge research and science, closed down their countries, shuttered their economies and ordered their people locked away, for the most part, in response to a new virus pandemic, COVID-19. Predictably, thousands of businesses and firms closed. Factories shut down, […]
05/21/2020
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By Ethan Huff
Restaurants still struggling in areas where restrictions have been lifted as many patrons still voluntarily staying home
A growing handful of states have begun their reopening phases, in some cases allowing for dine-in patrons at restaurants. But reservations are still down in many areas to such a degree that some restaurant owners are unsure if their businesses will survive. In Georgia, for instance, which was the first state to end the lockdowns […]
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