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News & Articles By Mary Villareal
03/02/2022
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By Mary Villareal
Advisory: Do not travel to Russia, Ukraine, Belarus and Moldova
Americans set to visit Russia are advised to reconsider their plans because of its ongoing conflict with Ukraine. A new Department of State advisory tells citizens to avoid travel to Russia as fighting rages on. The Feb. 28 advisory stated: “Do not travel to Russia due to the unprovoked and unjustified attack by Russian military forces in Ukraine, […]
03/01/2022
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By Mary Villareal
Financial pressures rise worldwide as governments witness the unfolding of the Russia-Ukraine crisis
Benchmarks rose in early trading in Tokyo and Shanghai as global investors began eyeing talks aimed at ending the Russian assault on Ukraine. The surging oil prices and increasing financial pressure from the U.S. and its allies on Russia for its invasion of Ukraine, are now adding to uncertainty about the global economic outlook. Russia, […]
03/01/2022
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By Mary Villareal
Biden starts posturing, says US will react if Russia moves into NATO territories
President Joe Biden has warned Russian President Vladimir Putin that the United States will get involved if the Russians move into North Atlantic Treaty Organization (NATO) territories. After his statement, the Pentagon deployed 7,000 personnel and hardware to Germany. Biden also put a new round of sanctions on Russia and promised that the country will […]
02/24/2022
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By Mary Villareal
Aluminum and nickel, other commodity prices rise following Russia’s move on Ukraine
Aluminum and nickel prices spiked after Russia moved troops to two areas in Ukraine and declared them as independent regions. Aluminum prices, which were at $3,270 per ton on February 21, jumped 3.67 percent to around $3,390 the following day. Meanwhile, nickel, which was trading at $24.350 per ton, jumped 3.9 percent to $25,300 on […]
02/18/2022
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By Mary Villareal
No let-up: Inflation in the US expected to get even worse
The national average fuel price at the time of the 2020 elections was $2.00. It’s now $3.37 — a 68 percent increase in 15 months. In another five months, that same price will look cheap as energy prices ripple through the economy, which makes them an important indicator of what is happening. Hedge fund manager and TV […]
02/18/2022
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By Mary Villareal
Industrial shutdown: Omicron variant detected in Chinese industrial city
Officials ordered a partial shutdown of Suzhou, a major industrial city in China, after the omicron variant of the Wuhan coronavirus (COVD-19) was detected in the area. The government is now ramping up their testing, along with other pandemic measures. A top city official said the trading and industrial hub located in the eastern province of […]
02/17/2022
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By Mary Villareal
Products that will be harder to find as supply issues persist
Despite signs of a return to pre-pandemic normalcy in 2021, supply issues in grocery stores are still evident at the start of 2022. The shortages are scattered, with certain products becoming harder to find as supply issues persist. Katie Denis, vice president of research for the Consumer Brands Association, said the situation is not widespread. “It’s not like […]
02/16/2022
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By Mary Villareal
No end in sight for inflation: Consumers and small businesses will continue to suffer as long as the money printing continues
Consumer inflation reached 7.5 percent in the past year, and the increase in prices left only a few unscathed. Consumers and businesses all have to make difficult decisions as inflation and supply chain crisis take over the U.S. economy. The supply chain crisis that magnified inflation since the Wuhan coronavirus (COVID-19) pandemic recession may start to […]
02/08/2022
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By Mary Villareal
Hong Kong residents stock up on food, supplies as COVID ravages city
Hong Kong residents have been crowding supermarkets and community food markets, stocking up on vegetables, noodles and other necessities as record numbers of Wuhan coronavirus (COVID-19) infection overwhelm the city. Meanwhile, transport disruptions are happening at the border with mainland China. A special administrative region of China, Hong Kong reported a record of 614 coronavirus cases on […]
02/02/2022
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By Mary Villareal
Food shortages worse than Americans expect as omicron exacerbates supply chain crisis
Food shortages in America are getting worse, and only a few know the real extent of it so far. A farming insider recently noted that costs for fertilizers will make it impossible to profitably plant corn in 2022 as input costs for fertilizer, liquid nitrogen and seeds see a three to four-fold increase in prices. […]
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