Inflation has surged across advanced economies. The shared experience underlines that price gains come from temporary drivers — for now.
Tag: Prices (Fares, Fees and Rates)
Your Daily Coffee Habit Is About to Get More Expensive
Climate shocks in Brazil and shipping bottlenecks have pushed the price of coffee beans sharply higher. Starbucks says it won’t be affected for more than a year, but small cafes can’t hold off that long.
Oil Nations Again Fail to Reach Deal as U.A.E. Demands Higher Quota
Monday’s meeting never got started after attempts to mediate the dispute failed to make progress.
High Lumber Prices Add Urgency to a Decades-Old Trade Fight
Forced to pay more for wood, home builders want the Biden administration to settle a long-running dispute over Canadian imports. It won’t be easy.
Pakistan’s Private Vaccinations Draw Criticism
An inoculation push, plagued with limited supplies and red tape, makes doses available to those who can pay for them. In a country with a struggling economy, most can’t.
India’s Black Market Preys on Desperate Covid-19 Victims
As the health care system fails, clandestine markets have emerged for drugs, oxygen, hospital beds and funeral services. Fake goods may be putting lives at risk.
India’s Serum Institute Struggled to Meet Its Covid-19 Vows
The Serum Institute vowed to protect the country from Covid-19 and inoculate the world’s poor, but India’s crisis has pushed it past its limits.
India’s Farm Subsidies Lead to Waste but Support Millions
In a country plagued with malnutrition, government support has led to wasted crop surpluses. But with jobs lacking, many feel they have little choice but to work the land.
Lebanon’s Financial Collapse Hits Where It Hurts: The Grocery Store
The country’s currency has sunk to a new low against the dollar, sending prices for once affordable foods soaring out of reach.
Why $4-a-Gallon Gas May Be Coming Your Way This Summer
The oil industry, known for boom-bust cycles, is resisting the temptation to pump more oil — for now.