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U.S. Economy Shrinks by 1.4%: Recession Fears

Inflation at 40-year high.

Global Rice Production Set to Plunge 10%, Threatening Half of Humanity

Farmers in China, India, Bangladesh, Indonesia, and Vietnam — the largest rice-producing countries could experience reduced output due to soaring fertilizer prices.

Hungary Says It’s Ready to Pay for Russian Gas in Rubles

The switch to seller’s national currency does not violate EU sanctions, foreign minister says

Biden Worsening Energy Crisis and National Security by Tapping Oil Reserves, GOP Lawmaker Says

President Biden is making the energy crisis "worse, because if you tap the reserve today, that means that reserve won't be there tomorrow," Rep. Austin Scott said.

Biden to Release 1 Million Barrels of Oil per Day From Strategic Reserve

President Biden will release a record 1 million barrels of oil per day from the Strategic Petroleum Reserve in a bid to contain soaring energy prices...

Soaring Prices Are Changing the Way People Eat

Cooking oil, chicken and other kitchen staples are increasingly out of reach as fears of ‘demand destruction’ begin to materialize.

Ukraine War Causing Food Shortages In Fragile Middle East

Layal Aswad was already exhausted by Lebanon’s devastating two-year economic collapse. Now, as Russia’s invasion of Ukraine sends food and energy prices soaring even further, she finds herself struggling to put food on the table for her family of four.

China Claims It Will Try to Fill Wheat Shortage Caused by Ukraine-Russia War

China’s Agriculture and Finance Ministries issued a joint notice on Friday urging farmers to maximize China’s spring plowing season of wheat and soybeans from early April in an effort to alleviate an expected global food supply shortage caused by Russia’s latest war with Ukraine.

Fertilizer Prices Surge as Ukraine War Cuts Supply, Leaving Farmers Shocked

Smaller harvests loom from Argentina to Indonesia, and developing countries are bracing for higher food costs; ‘It’s like a scary movie’

Tesla Halts Work at Shanghai Factory for 2 Days Amid China COVID-19 Curbs

Tesla is suspending production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, as the Chinese regime tightens COVID-19  restrictions to curb the country’s latest outbreak.

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