Supply chain & commodity disruptions [INTERNATIONAL]

SpyofMoses

Robin
Protestant
I have a close family member who has kept up with the business world his whole life. He is all about the stock market, commodities, etc., and he's the the only person left I can talk to honestly and openly about this stuff in real life.

When you find out just how much Wall Street really owns, you can't unsee their hands in the way things work.
 

Cr33pin

Peacock
Other Christian
Gold Member

budoslavic

Eagle
Orthodox
Gold Member
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muscacav

Woodpecker
Trad Catholic
“It’s not only likelihood, it’s happening as we’re speaking,” Svein Tore Holsether said in an interview on Bloomberg TV. “We’ve had to curtail several of our plants in Europe now with a significant increase that we saw in gas prices, starting in mid-June and continuing into July.”

The cuts highlight the impact that Europe’s gas crunch is having on industrial users as well as consumers’ energy bills. Higher prices or shortages of fertilizers are also prompting farmers to use less, threatening to raise crop prices or hurt harvests at a time when food costs are near a record high.
 

Caduceus

Ostrich
Factories shutting down production cause of energy costs makes no sense.
All they have to do is raise the prices on their own end products to remain profitable.
 
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