Economic crisis – The Watchers

Eurozone inflation hits record high of 10.7% – recession risks spreading

Teo Blašković — Mon, 31 Oct 2022 12:56:21 +0000

Euro area annual inflation is expected to be 10.7% in October 2022, up from 9.9% in September, according to a flash estimate from Eurostat, the statistical office of the European Union.

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MPs warn energy bills will push millions into unmanageable debt as UK inflation hits fresh 40-year high and European energy crisis soars

Teo Blašković — Tue, 26 Jul 2022 12:02:41 +0000

UK's Members of Parliament said millions of people will be plunged into unmanageable dept this winter unless the government comes up with a solid plan to support those most affected by rising prices.

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Worldwide wheat prices jump 6.6% in a single day

Teo Blašković — Mon, 11 Jul 2022 16:52:59 +0000

Wheat prices jumped 6.6% worldwide in a single day with a decisive turnaround under the pressure of the resumption of dialogue between the US and China which seems interested in buying foreign wheat and corn, which marked an increase of 4.6%.

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Eurozone inflation hits another record high

Teo Blašković — Mon, 04 Jul 2022 12:37:49 +0000

Driven by rising food and energy costs, consumer prices in Eurozone jumped 8.6% over the year through June, hitting another record high since the creation of Euro in 1999.

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UK inflation hits 40-year high

Teo Blašković — Wed, 18 May 2022 21:23:00 +0000

The UK's Office for National Statistics (ONS) said the 9% rise in the consumer price index is the highest since records began in 1989, surpassing the 8.4% annual rise in March 1992. The office estimates that inflation would have been higher sometime around 1982.

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Record high wheat prices after India declares immediate export ban, massive protests after 300% food price increase announced in Iran

Teo Blašković — Tue, 17 May 2022 17:17:40 +0000

Wheat prices in Europe and Australia hit record highs this week after India - the world's second-largest wheat producer - announced an immediate export ban due to a severe heatwave affecting the country since March. Global wheat prices have soared 40% since February 2022, increasing famine and sparking social unrest.

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Eurozone annual inflation hits a record high for the sixth consecutive month

Teo Blašković — Fri, 29 Apr 2022 14:58:14 +0000

Eurozone inflation in April 2022 is expected to be 7.5%, hitting a record high for the sixth consecutive month.

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March inflation in the U.S. likely set a new 40-year high

Teo Blašković — Tue, 12 Apr 2022 10:33:00 +0000

Inflation in the United States in March 2022 has likely set yet another 40-year high. The country has sees ever-rising costs for food, gasoline, housing and other necessities, threatening the economy.

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Russia warns of global collapse, massive shifts taking place in the world

TW — Mon, 07 Mar 2022 21:05:00 +0000

Brad of Full Spectrum Survival talks about Russia's warning of global collapse, oil to hit $200 per barrel, and nuclear war on the table. Another great channel that proved especially precise over the past couple of weeks is Canadian Prepper. One of his recent...

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China stockpiling food at historically high levels

Teo Blašković — Fri, 14 Jan 2022 10:40:00 +0000

China is stockpiling food at historically high levels and now has more than half of the world's maize and other grains. By mid-2022, the country is estimated to hold 69% of the world’s corn reserves, 60% of rice, and 51% of wheat. At the end of 2021,...

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