We look at whether “greedflation” is causing higher prices.
Tag: Prices (Fares, Fees and Rates)
Russia’s Oil Revenue Soars Despite Sanctions, Study Finds
Rising oil prices more than offset a decline in export volumes during the first 100 days of the assault on Ukraine.
German Brewers Face ‘Unprecedented’ Beer Bottle Shortage
A nation of beer lovers is facing a shortage of bottles, partly because of the war in Ukraine. Breweries are looking to drinkers for a rescue.
Biden to Travel to Saudi Arabia, Ending Its ‘Pariah’ Status
As a candidate, President Biden vowed to punish the kingdom for the brutal assassination of Jamal Khashoggi. But now he wants to rebuild relations as he seeks to lower gas prices and isolate Russia.
Europe’s Russian Oil Ban Could Overhaul Global Energy Market
The effort could hurt Russia but could also help drive up already high oil prices, hurting the global economy and enriching energy companies.
Glencore Will Pay $1.1 Billion to Settle Bribery and Price-Fixing Charges
U.S. prosecutors said the settlement followed “a multiyear scheme to manipulate benchmarks used to set prices for oil at two of our country’s busiest ports.”
Economic Headwinds Mount as Leaders Weigh Costs of Confronting Russia
Top economic officials are gathering this week to discuss how to keep pressure on Vladimir V. Putin without sinking their economies.
Protests Triggered by Rising Food Prices Spread in Iran
“They have no hope, they have no trust in the government and they can’t tolerate the status quo any more,” one Iran expert said of the protesters in at least six provinces.
Inflation Anger
Inflation is still high — and many Americans are upset.
Trade Barriers From the Ukraine War Are Sending Food Prices Higher
Dozens of countries have thrown up trade barriers in the past two months to protect scarce supplies of food and commodities, but experts say the policies will only exacerbate a global food crisis.