Vladimir Putin’s decision to invade the sovereign nation of Ukraine has shocked the world. Protests against Putin’s action have sprung up in major cities from New York to London and even in Moscow. World leaders have responded swiftly with punishing sanctions against Russia and those…
On Friday, February 18th 2022, the retail giant, Amazon is raising its “Amazon Prime” service rates for new customers from $119 per year to $139 per year. The increase also applies to the Amazon Prime Student memberships from $59 annually to $69 per year for…
The US has announced it is suspending all imports of avocados from the Mexican state of Michoacan. At the heart of the dispute is a reported threat against US plant inspectors who certify the produce for export. According to the Avocado Institute of Mexico, “[t]he…
Does it seem like there’s a disconnect between reports of record earnings by large companies and warnings from the same companies that they need to raise prices to cover their higher costs? Indeed, at the same time companies are telling investors that the inflationary economy…
After years of declining demand, orange juice sales have hit their highest level since 2016. Health-conscious consumers, who had previously shied away from OJ due to concerns of its high sugar content, are turning back to the drink because of its high Vitamin C content,…
On Tuesday, February 1st 2022, the U.S. Treasury Department published the total public debt outstanding hitting $30 trillion dollars! This includes the increased in spending by the U.S. government in addressing the nation’s economic plight from the global COVID-19 pandemic. Examples of recent government policies…
In the face of rising natural gas prices, many of Murano, Italy’s world-famous glass artists are shutting down their furnaces. Artisans on the small island have been making glass for centuries, but some are beginning to question how much longer they can continue the tradition.…
Use this link to view a short video “The price of a Turkish breakfast staple has risen 40%” from BBC.com Inflation might just be the new buzzword for 2022. As concern grows that economies are in danger of overheating, central banks are taking action. In…