the economy

Economist Paul Krugman has a Dark Idea about the Iran War

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Economist Paul Krugman has a Dark Idea about the Iran War

Last week, President Donald Trump made two ridiculous moves on Iran. He began by threatening to “destroy” Iran’s energy plants unless the Strait of Hormuz was safely opened. He gave a deadline of 48 hours. Then, before that deadline came, Trump backed down. But minutes before he did, the oil markets saw a huge spike … Read more

The price of coffee is rising faster than any other grocery store – and the reason goes beyond fees.

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The price of coffee is rising faster than any other grocery store - and the reason goes beyond fees.

The price of coffee is increasing faster than any other domestic grocery, and it is not only tariffs that drive this process – bad weather, war and frustration of market traders are also responsible for the rise. Coffee prices rose by a staggering 18.4% last year, according to government data from February. Most other household … Read more