Browsed by
Category: Economic collapse

India bans export of wheat to other nations to control rising prices

India bans export of wheat to other nations to control rising prices

American media is saying this is because of the heatwave in India India has banned wheat exports to control the rising prices within the country. However, the government said that it would still allow exports backed by already issued letters of credit and to the countries that request supplies to meet their food security needs.

From the economic meltdown – 12 May, 2022

From the economic meltdown – 12 May, 2022

Gasoline Prices to Explode Higher After Biden Admin Cancels Huge Alaska Oil and Gas Lease The Biden administration has canceled one of the most high-profile oil and gas lease sales which was pending before the Department of the Interior, at a time when Americans are suffering from record-high prices at the pump. According to AAA’s gas price calculator, average gas prices in the US have hit record highs in recent days – with the national average reaching $4.374 on Tuesday,…

Read More Read More

Not for little Hobbits

Not for little Hobbits

For the 10 years of this blog I have been talking about the slow collapse of New Zealand and the total denial as well as the housing bubble that finally seems to be bursting. As the world sinks into recession/depression and moves towards global famine and war there is total denial from the NZ media, shown by Newshub’s headlines for today. Dig a bit deeper and you will find articles that could have come from Pravda that indicate all is…

Read More Read More

Welcome To The Greatest Energy Crisis In History

Welcome To The Greatest Energy Crisis In History

Welcome To The Greatest Energy Crisis In History – Things Will Only Get Much More Painful From Here Michael Snyder Just as the western world was accelerating the transition away from traditional forms of energy, the COVID pandemic caused the most epic supply chain crisis in history, and now the largest land war in Europe since World War II has thrown global energy markets into a state of complete and utter chaos.  And if you think that things are bad…

Read More Read More

Dieselgeddon – America’s diesel supply on verge of catastrophic collapse

Dieselgeddon – America’s diesel supply on verge of catastrophic collapse

Tumbling Inventories Send US Gasoline, Diesel Prices To Fresh Record High By Tsvetana Paraskova of OilPrice.com U.S. gasoline prices continued to rise, setting another all-time high on Wednesday at $4.404 per gallon average nationwide, data from AAA showed today.  That’s the highest recorded average price for gasoline in the United States, ever. Diesel prices also hit a new high on Wednesday, reaching $5.553 a gallon. This is the highest average price ever recorded, too.   Average U.S. gasoline prices have reached new records…

Read More Read More

Ukraine Cuts Off Gas To Europe

Ukraine Cuts Off Gas To Europe

What Ukraine’s block on Russian gas means for Europe Kiev has stopped flows via a key transit point, raising fears of European energy shortages © Getty Images / Michael Moeller / EyeEm Ukraine’s gas network operator on Wednesday stopped the transit of Russian natural gas to Europe through one of its key cross-border stations, citing “interference by the occupying [Russian] forces.” Here is what this development means for the European gas market and economy. What happened? Ukraine’s gas network operator, GTS Ukraine,…

Read More Read More

Turkey increasing jail time for food stockpiling

Turkey increasing jail time for food stockpiling

Ahval News, 10 May, 2022 The Turkish government is preparing to increase jail sentences over charges of food stockpiling to up to three years, the justice minister announced on Tuesday, as the country faces soaring inflation amid an economic downturn. Ankara is preparing to reset a lower and upper limit to jailtime on the crime, Cumhuriyet newspaper cited  Bekir Bozdağ as saying. “We are changing the penalty of food stockpiling and price gouging to between one and three years in prison,” Bozdağ…

Read More Read More

Political and economic collapse in Sri Lanka

Political and economic collapse in Sri Lanka

I can find no reflection of this in most media and all social media. “There but by the grace of God…” Sri Lanka’s day of violence, death toll rises to five | World Latest News | WION In Sri Lanka, it was a day of violence today, at least 5 people were killed, more than 190 injured in a wave of violence. These clashes were between Rajapaksa supporters and the anti-government demonstrators. Currently, authorities have imposed an indefinite curfew across…

Read More Read More

Sanctions and global hunger

Sanctions and global hunger

Germany warns of global famine ‘Millions’ could die because of the pandemic and the ongoing military action in Ukraine, Berlin’s development minister believes FILE PHOTO. ©  Global Look Press / imagebroker / Arco Images / Doerr The world is about to face an acute food crisis due to skyrocketing food prices, German Economic Cooperation and Development Minister Svenja Schulze told the Bild newspaper on Saturday, warning about a looming famine not seen since World War II. The minister has named the Covid-19…

Read More Read More

Wordpress Social Share Plugin powered by Ultimatelysocial
RSS