Rents rose 0.5% last month in another of a series of sharp increases since last summer. The cost of rent — the biggest expense for many households —has jumped almost 4% in the past year. Food prices also increased again, up almost 1% in January. The cost of groceries...
prices
Impacts Of Rising Nitrogen Costs
As noted, AFPC’s study shows farmers are currently facing nitrogen costs 80% higher than last year. That’s as Anhydrous Ammonia prices reached 2008 levels in October at over 1,000 dollars per ton. And those prices have been steadily rising ever since. “You're talking...
12/30/21 Basir Bita on the Economic Crisis in Afghanistan
Scott interviews activist Basir Bita about the economic calamity that’s hit Afghanistan since the U.S. withdrawal this past summer. With the U.S. and IMF freezing Afghan government funds as well as widespread market corrections after the fall of the previous regime,...
Salafis Throwing Bombs: How American and British Planners Partnered With Al-Qaeda Affiliated Groups At the Start of the Syrian Civil War
Introduction In the mainstream view, al-Qaeda did not play a role in the Syria conflict until Islamic State of Iraq (ISI) leader Abu Bakr al-Baghdadi dispatched his deputy, Abu Muhammad al-Jolani, to Syria in August 2011 to establish a wing of the group there, called...
Lunatic With a Plan: Erdogan and Turkey’s Economic Woes
Since the first assault on Turkey’s finances in 2018, which I wrote about multiple times (here, here, and here), I’ve been the lone voice telling everyone that President Recep Tayyip Erdogan is a lunatic but he’s a lunatic with a plan. That plan is to de-dollarize the...
TGIF: Democracy Can’t Fix Socialism
However you feel about democracy, it can’t fix what’s wrong with socialism. In theory, modern representative democracy -- unlike ancient Greek direct democracy -- means that people vote for so-called representatives to fill various executive and legislative...
Democrats For Sale For Low Low Prices
Bloomberg is just buying them up.
4/3/17 Patrick Osgood on Iraq’s present crisis and future prospects
Patrick Osgood, Kurdistan Bureau Chief for IraqOilReport.com, discusses the referendum on Kurdish independence, battling ISIS in Mosul and beyond, the impact of low oil prices on Iraq's economy, and whether Iraq can become a cohesive functioning state without a...
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