“Worse Than the 1970s”

"Worse Than the 1970s"

It seems that Donald Trump has succeeded in overcoming the bad management of his first term of COVID-19 with the great economic crisis and the incredible scale, which he has done. In a recent interview, the Head of the International Energy Agency (IEA) Fatih Birol said that the current energy crisis is about to become … Read more

Rising oil prices can increase food costs – but hoarding groceries “makes it worse,” an economist says.

The 26-year-old works in a bookstore and lives on $53,000 a year in New York City.

Rising oil prices tend to drive up grocery costs, but that doesn’t mean consumers should rush out and save money, economists say. Brent crude has soared above $100 a barrel in recent weeks – after trading near $60 in January – as Iran’s war worsens the Strait of Hormuz, which transports a fifth of the … Read more