G7 rejects Russian demand to pay for gas in rubles – German energy minister

https://www.rt.com/business/552844-g7-rejects-rubles-gas/
#rubles #europe #germany #gas #energy #inflation

Fertilizer prices spike 43% to fresh record high as supplies tighten. Rising costs of farm inputs will continue to send food prices soaring.

https://www.bloomberg.com/news/articles/2022-03-28/fertilizer-price-surges-43-to-fresh-record-as-supplies-tighten
#fertilizer #FoodPrices #inflation

Germany triggers gas emergency plan

Berlin has declared an ‘early warning’ ahead of Russia’s ruble deadline
Germany triggered its gas emergency plan on Tuesday, declaring an ‘early warning’ for potential disruption or stoppage of energy supplies from Russia.

https://www.rt.com/news/552961-germany-emergency-gas-ukraine/
#germany #gas #inflation #rationing

Inflation in the 19 countries using the euro hits a record level for the fifth month in a row, reaching 7.5%

https://www.expressnews.com/news/article/Alert-Inflation-in-the-19-countries-using-the-17050351.php
https://abcnews.go.com/International/wireStory/inflation-19-nations-euro-soars-record-75-83806284

#europe #inflation

Europe's top economy faces worst cost of living crisis in decades – govt data

Rising energy prices are pushing inflation in Germany higher

The inflation rate in Germany jumped to a more than 30-year high, and is expected to rise by 7.3% in March compared to the same period last year, according to preliminary data released by the German Federal Statistics Office on Wednesday. Consumer prices will also be 2.5% higher compared to February, data shows.

https://www.rt.com/business/553047-germany-inflation-record-high/
#inflation #europe #germany

Expect food prices to continue to rise:

Crop production in Ukraine this year could be down anywhere from 20% to 80%, significant,” he said. European farmers have been reducing fertilizer application rates and are adjusting the way they use the products.

“What it means is that we’re going to see lower yields going into the year ahead, so there’s going to be less grain as we come out of this growing season, and therefore high grain prices going over into 2023,” Claxton said.

#wheat #eu #FoodPrices #inflation

https://agfax.com/2022/04/01/sizing-up-ag-effects-of-ukraine-war-dtn/

⚡️The Economist edition states the recovery of the Russian economy caused by an 80% increase in gas revenue.

https://www.economist.com/finance-and-economics/2022/05/07/russias-economy-is-back-on-its-feet
#russia #gas #inflation

Demonstration in #Ghana against the sharp rise in fuel prices, food and the high cost of living. #Inflation has exceeded 27%, the highest level in 20 years. The President turned to the #IMF (International Monetary Fund) for help in the face of deteriorating economic conditions.

Follow us -> LiveLeak

#energy #inflation

🇺🇸 💵 Over 80% of all US money created (US #Dollars #printed) took place between 2020 and 2023.

📎 Win Smart, CFA
#inflation

#economy #inflation #theft #USA #boomers

"Between 1953 and 1997, US real median house prices grew by only 4% in total."— Source

#housing #inflation

Rent Going Up? One Company’s Algorithm Could Be Why.

Texas-based RealPage’s YieldStar software helps landlords set prices for apartments across the U.S. With rents soaring, critics are concerned that the company’s proprietary algorithm is hurting competition.

https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent

#housing #inflation

#fiat #ponzi #inflation