Food Shortage

Opinion

Opinion: The Ethanol Fraud – Inside Sources

America’s ethanol scam is responsible for the malnourishment of millions of people, higher energy costs and substantial resource misallocations. The most damning count of this indictment is corn ethanol fails to do what it is supposed to do and is more tragic because corn ethanol is not environmentally responsible.  The United States now uses 40

Financial

Fed attacks inflation with its largest rate hike since 1994 – Associated Press

The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point — the largest bump since 1994 — and signaling more rate hikes ahead as it tries to cool off the U.S. economy without causing a recession. The unusually large rate hike came after data

Opinion

Opinion: How to Alleviate the Looming Global Hunger Crisis – Inside Sources

A global food crisis is looming, so policymakers everywhere need to think hard about how to make food cheaper and more plentiful. That requires making a commitment to producing more fertilizer and better seeds, maximizing the potential offered by genetic modification, and abandoning the rich world’s obsession with organics. Russia’s brutal war in Ukraine is making

Oil

EU leaders agree to ban 90% of Russian oil by year-end – Associated Press

Photo: European Council President Charles Michel speaks to media prior to the extraordinary meeting of EU leaders to discuss Ukraine, energy and food security at the Europa building in Brussels European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out

Inflation

Worry about stagflation, a flashback to ’70s, begins to grow – Associated Press

Photo: Cars line up for gas at a gas station in Martinez, Calif., on Sept. 21, 1973 Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford’s much-ridiculed “Whip Inflation Now” buttons. Stagflation

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