The food crisis, pandemic outbreaks, stagflation, a Eurozone sovereign debt crisis and potential nuclear war. This historian warns of the ‘perfect storm’ ahead, yet there are two things you can do to thrive despite it all – and they go beyond stockpiling food, water and guns. STORY AT-A-GLANCE Adam Tooze, a financial crisis historian and…
How Bad Will the Food Shortage Get?
May 2020, I, along with other experts, predicted that food disruptions and even famine could follow the COVID-19 pandemic. Unfortunately, that prediction appears to be coming true, as food shortages and sky-high prices will become a long-term thing by this fall. Don’t panic, just prepare. STORY AT-A-GLANCE It’s becoming increasingly clear that severe food shortages…
Why It’s Time to Give Up on Government
May 29, 2022
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It’s almost like falling dominoes. First, the collapse of affordable fuel and food – the necessities of life – followed by a caving of the stock market and crypto currency. This mass destruction of Western values suggests all this is no accident, but a premeditated plan set to converge in the not-so-distant future. In the…
Global Food Supply Concerns Lead Some Countries to Limit Exports
May 25, 2022
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Facing potential food supply shortages, some countries have adopted policies limiting food exports, raising concerns globally about food supply and exacerbating food inflation woes. Since the beginning of Russia’s war against Ukraine in late February, around 30 nations have taken steps to restrict certain food exports. Ukraine—known as the breadbasket of the world—shut down its…
India Caps Sugar Exports to 10 Million Tons After Reaching Record High
India said on May 24 that it would limit sugar exports to 10 million tons due to its export levels reaching a record high in the past few months. India, the world’s top sugar producer and second-largest exporter after Brazil, stated that the move was necessary to maintain “domestic availability and price stability” amid tightening…
Blinken Announces $215 Million for Global Emergency Aid to Ease Food Shortages
May 19, 2022
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Secretary of State Antony Blinken announced Wednesday that the United States will be offering $215 million in emergency assistance to ease worldwide food shortages, worsened by the Ukraine war and resulting supply chain disruptions. “Today, given the urgency of the crisis, we’re announcing another $215 million in new emergency food assistance. And we’ll do much…
Yellen Highlights Ukraine War’s Impact on Food Insecurity During Summit With IMF, World Bank
April 19, 2022
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Russia’s attack on Ukraine is creating a global food crisis, U.S. Treasury Secretary Janet Yellen said during a meeting on food insecurity with representatives from the International Monetary Fund (IMF), the International Fund for Agricultural Development (IFAD), and the World Bank. Even before the Russia–Ukraine war, more than 800 million people, representing 10 percent of…
Russian Inflation Soaring at 14.53 Percent, Highest Level in Over Six Years
March 24, 2022
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Russia’s annual inflation hit 14.53 percent as of March 18, up from 12.54 percent a week ago as the country’s economy and currency struggle against severe sanctions imposed by the West due to Moscow’s invasion of Ukraine. This is the highest annual inflation rate since November 2015. Inflation for the week ending March 18 was…
Ukraine Bans Export of Oats, Millet, Sugar, Wheat, and More as War Rages With Russia
March 9, 2022
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The government of Ukraine has imposed new rules for food exports, banning some items from being exported to other nations as the country attempts to fight off a Russian invasion. “In order to prevent the humanitarian crisis in Ukraine, market stability, and meet the needs of the population in critical food products, the Government has…
Draconian Lockdown Measures in Northern Chinese City Causes Food Shortage Crisis and Tragedies
Amid the latest COVID-19 outbreak in northern China, a food shortage crisis and tragic incidents have been reported in Tonghua city, Jilin Province after local authorities abruptly locked down communities on Jan. 18 to curb the spread of the CCP (Chinese Communist Party) virus. The harsh lockdown measures have contributed to violence and suicides, according…
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