Prices of goods in the US soared as a result of the global distribution channel jammed and manufacturers charge increased shipping costs to consumers. According to analysts, US consumers will have to spend more with a more limited choice of goods in the shopping season later this year. Here’s the …
Read More »CPO Prices Soar, Palm Oil Farmers Restraint by Middlemen
For decades, Kanisius Tereng has been a palm oil farmer in Paser Regency, East Kalimantan. Since the last three months, he admitted that the price of palm oil has moved up. Unfortunately, those who garden every day and harvest oil palm bunches, are unable to taste the sweetness of this …
Read More »Distribution Crisis and Threat of Rising Prices Entering 2022
The latest data on inflation makes some analysts doubt whether the price increase due to the pandemic is only temporary. At the same time, distribution disruptions due to the pandemic have not been resolved, and even threaten the peak of the year-end shopping season, one of the main drivers of …
Read More »European Union Pushes for Protection of the Poor from the Impact of Soaring Fuel Prices
The European Union’s executive branch on Wednesday advised its 27 member states to adopt tax cuts, state aid and other measures to help households and businesses cope with the impact of high fuel prices, which have sparked renewed debate over the use of nuclear power. . After experiencing months of …
Read More »Qatar Says Not Happy With High Gas Prices
Qatar, the world’s biggest exporter of liquefied natural gas, said Monday it was unhappy with current global prices, which have soared to record highs. “I am not happy that gas prices are high,” Energy Minister Saad al-Kaabi told a news conference. High prices, he said, “have a negative impact on …
Read More »European Union Finance Minister Discusses Soaring Energy Prices
European Union finance ministers are discussing soaring energy prices at a meeting in Luxembourg on Monday (4/10). High wholesale prices for gas and electricity across Europe have raised the prospect of a hike in already high utility bills and inflicted further suffering on those who have been hit financially by …
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