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Recent Posts Tagged With 'inflation'
Fire the European Central Bank
Well, since the ECB is now claiming that its strategy for interest rate management is backed by the citizens, then I have a further idea. Lets fire all those expensive chaps sitting on the 18th floor ...
Chavez, Mugabe and perhaps Gordo, classmates?
I think all of these chaps graduated from the same school, the how to ruin an economy in the shortest period of time school. Thanks to Samizdata, here's a great article on how Venezeula has managed to...
Run for the barricades, the Chinese are coming
So now the Chinese Ministry of Agriculture is planning to support Chinese firms to purchase farmland outside the Chinese mainland in other countries so that those farmlands can then be used for farmin...
Where are the food prices going?
I just had a thought and went to check out CME for what the markets are thinking about in terms of what the food prices would be in 1 year's time. For people who do not know, futures are financial ins...
Argentine farmers announce fresh action
Remember what I said before about Argentina heading into economic problems? The problems for Argentina and rest of the world just went worse. I quote from the FT> Argentine farmers yesterday a...
Camels instead of the Internal Combustion Engine
Now this is curious. America is moving down to small cars because of rising oil prices. On the other hand, for a country like India, where the cost of any oil price increase compared to income is dram...
Bathe once a week to save fuel costs
What a state of affairs! I quote:South Korea’s soldiers will be asked to make do with one bath a week, while its air force pilots will have to do more training on computers instead of real fighters ...
More beggar thy policies in agricultural imports and exports!
Read this and weep. I quote:World rice supplies are reaching dangerously tight levels as stores of South Asia's staple food fall to 25-year lows and governments strive to stabilise domestic markets.Th...
Kenya facing starvation and famine
Food prices are already creating havoc with the food budgets and public distribution systems of various emerging markets (and creating problems with inflation in the developed countries as well). So t...
Where's the beef and where's the pork?
I have been moaning about food prices for some time now on this blog. I have also talked about how Reliance and other firms in India are shaking up the agriculture value chain, and it has to be for th...