In a significant development, French supermarket giant Carrefour has announced its decision to cease the sale of PepsiCo products, including popular items like carbonated soda drinks Pepsi, 7up, Mirinda, Lay’s chips, and other PepsiCo-related products. The move, as reported by Reuters, is attributed to the perceived excessive cost of these products, prompting Carrefour to take a stand against what... 

Argentina is in a very difficult economic situation with inflation over 100 percent in March and a currency, the peso, plummeting in value against the dollar. The country’s central bank recently raised its key interest rate to 91 percent, which is the highest level in over 30 years, reports TT. This has created great difficulties for Argentine borrowers. Restaurant owners in Buenos Aires have... 

Food prices in France and Spain are continuing their relentless rise, as the worst cost-of-living crisis in a generation rages across the European Union (EU), according to data published by Bloomberg on Monday. The cost of the main groceries needed to cook the French dish coq-au-vin soared 15.4% in March to more than €19 ($21) compared to the same period a year ago, according to data from the national... 

In what is being interpreted as a “troll”, the African country of Namibia is now offering to take in Germans fleeing inflation and high electricity prices in their homeland. Namibia, a former German colony in southwest Africa, is lending a helping hand to Germans fed up with the ever-increasing cost of living. The country’s president, Hage Gottfried Geingob, received German economy... 

Big Pharma giant Pfizer has increased the prices of its toxic COVID-19 vaccines by a whopping 400 percent, following the CDC’s rollout of the jab to children. The huge price increase also comes as the federal government’s program to purchase the doses comes to an end. Slaynews.com reports: According to a report from Reuters, Pfizer President Angela Lukin announced on Thursday that the pharmaceutical... 

The one principle of capitalism that drives innovation and, ultimately, profits, is “supply and demand.” When there is a demand for a product or service, then those who can sufficiently supply that demand will do well. Those who cannot, won’t. And that principle alone is why the electric vehicle (EV) industry is already imploding. The Biden regime and its left-wing lunatic ‘green energy’... 

The weather is still pretty bad in India, we are told, which is supposedly why rice production there is taking a dive. Reports suggest that persistent heatwaves throughout the country, which is now the world’s largest rice exporter – beating out both Vietnam and Thailand – are making it difficult for many farmers to produce a substantial crop like in years past. High energy prices and ever-rising... 

Sri Lankan President Gotabaya Rajapaksa will resign, effective next week, local media reported on Saturday. Rajapaksa earlier left his residence in Colombo as thousands of protesters laid siege to the compound. His resignation was announced by Sri Lankan news outlet Newsfirst, which cited Speaker of Parliament Mahinda Yapa Abeywardena. It came hours after Prime Minister Ranil Wickremesinghe declared... 

While the Biden administration is hoping and praying that someone – anyone – will watch the comical “Jan 6” kangaroo hearsay court taking place in Congress and meant to somehow block Trump from running for president in 2024 while also making hundreds of millions of Americans forget that the current administration could very well be the worst in US history, it is quietly preparing for the worst. As... 

The Hungarian government has announced that foreign drivers will no longer be allowed to gas up at reduced rates amid an explosive rise in prices and looming shortages in Europe. In an effort to prevent ‘fuel tourism’ in Hungary, which has some of the lowest prices in the European Union, non-Hungarians will not be allowed to take advantage of state-regulated rates anymore. “Foreign... 

The Fed has barely started raising interest rates but the air is already seeping out of the housing bubble. New single-family home sales plunged by 16.6% from March and were down 26.9% year on year. New home sales dropped to the lowest level since the lockdown in April 2020. New home sales are often viewed as a leading indicator of the state of the overall housing market. The unsold inventory of new... 

‘Millions’ could die because of the pandemic and the ongoing military action in Ukraine, Berlin’s development minister believes. The world is about to face an acute food crisis due to skyrocketing food prices, German Economic Cooperation and Development Minister Svenja Schulze told the Bild newspaper on Saturday, warning about a looming famine not seen since World War II. The minister has... 

Consumer prices in Turkey soared by 69.97% in April compared to the same month last year, according to official data released on Thursday. Inflation has soared amid rising energy prices against the backdrop of the Russia-Ukraine war and due to a lira crash late last year. The figure, released by the Turkish Statistical Institute, exceeded the central bank’s estimate of 68% and represents the steepest... 

In mid-2007 the Bank for International Settlements (The central bank of central banks) released a statement predicting an impending “Great Depression” caused by a credit market implosion. That same year the International Monetary Fund also published warnings of “subprime woes” leading to wider economic strife. I started writing alternative economic analysis only a year earlier in 2006 and... 

Since its inception in 1990, the U.N. Food and Agriculture Organization’ (FAO) Food Price Index has never been higher than it was in February, compliments of endless money printing and many decades of corrupt monetary policy. The corporate-controlled media, however, is blaming Vladimir Putin as it always does whenever the financial terrorists find themselves in another bind. Food inflation is soaring...