Tag: Inflation
French Workers Reject Decline in Their Income
May Day rallies call for wage increases as temporary EU-Mercosur deal takes effect. On May Day, thousands of French people took to the streets to demand policies that support workers amid an economic context of growing uncertainty. RELATED: Cuba Celebrates a May Day Full of Victories The demonstrations took place on the same day a […]
May 1, 2026
Argentines Swaps Beef for Donkey as Inflation Hits Record Highs
As real wages buy 30% less meat, non-traditional proteins emerge as a controversial survival strategy. Argentina is still dealing with a challenging inflationary environment in the first half of 2026. While the month-on-month Consumer Price Index (CPI) has shown signs of stabilization compared to the volatility of previous years, the annual rate remains significantly elevated. […]
April 24, 2026
Rising Diesel Costs Are Squeezing U.S. Truckers
Fuel is one of trucking’s largest variable costs, and rises directly with miles driven. Rising diesel prices are squeezing the U.S. trucking industry at a critical moment amid the U.S.-Iran confrontation, forcing independent drivers and large fleets alike to rethink routes, rates and even whether some loads are worth hauling. RELATED: Chair Nominee Warsh Pledges […]
April 22, 2026
IMF Warns U.S-Iran War Raises Global Recession Risks Alert
IMF warns the U.S-Iran war is dragging down global growth and increasing inflation risks amid major energy and supply chain disruptions.
April 16, 2026
Colombia Implements Measures to Counter Inflation From War on Iran
President Petro Criticizes Central Bank Over Interest Rate Hike. On Wednesday, Colombian President Gustavo Petro proposed a series of measures to mitigate the inflationary effects of the U.S.-Israeli war on Iran. He also accused the Bank of the Republic, Colombia’s monetary authority, of being aligned with the right-wing opposition for raising interest rates to 11.25%. […]
April 2, 2026
African Leaders Warn of Oil Price Shock From Middle East War
African policymakers warn that oil price increases linked to the war involving Iran could fuel inflation and disrupt economic recovery across the continent.
March 14, 2026
U.S. Ranchers Face Mounting Strain as Beef Prices Hit Record Highs
All cattle and calves on feed in the U.S. totaled 86.2 million head, marking a 75-year low. On Feb. 13, the U.S. Bureau of Labor Statistics released data showing that U.S. beef prices have climbed to record highs as the country’s cattle herd shrinks to its lowest level in decades, underscoring mounting pressure across the […]
February 18, 2026
U.S. Consumers Bear Bulk of New Tariffs in 2025
As much as 94% of new tariffs in the first eight months of 2025 was absorbed by importers and consumers. On Thursday, the Federal Reserve Bank of New York released a study showing that tariffs imposed on imported goods by the Trump administration in 2025 fell mostly on U.S. importers and consumers rather than overseas […]
February 13, 2026
Argentine Groups Host Christmas Dinner for 5,000
Social movements in Argentina organized large-scale Christmas meals for vulnerable families as inflation, falling consumption and rising housing costs deepen social hardship.
December 25, 2025
U.S. Inflation Forces to Less Extravagant Thanksgiving Dinners
Families scale back menus despite Trump’s claims that food costs are falling. On Thursday, American families will gather to celebrate Thanksgiving, although many are being forced to prepare a more modest dinner because of rising prices for some ingredients — something President Donald Trump denies. RELATED: Trump To Define Muslim Brotherhood Branches as Terrorists Turkey […]