In Italy, soaring gas prices hit Murano glassmakers hard

At the manufacturer of glass art products Gambero & Tagliapietra, in Murano (Italy), on May 18, 2020. ANDREA PATTARO/AFP The master craftsman takes the glowing glass ball out of the flames using a cane, then rolls it in gold dust. “Once cooled, this piece will be part of a chandelier”, explains Andrea della Valentina. His … Read more

Scarcity drives meat prices up – Meat giant Tyson sees profits double despite volume decline and meat shortage

US meat giant Tyson Foods’ revenue rose in its fiscal fourth quarter, which runs from July through September, by more than 10% to $12.8 billion. Profit even doubled (+103%) and rose to $1.358 billion. Tyson Foods owes the good benefits to the record high meat prices in the United States. Sales volumes downThe increase in … Read more

Rising sea freight prices risk slowing global recovery, UNCTAD warns

The port of Garden City (Georgia, United States), November 12. SEAN RAYFORD / AFP Maritime transport, which sits on the crest line of globalization, offers one of the best perspectives on the transformation of the planet’s economy. However, at the time of Covid-19, the report on maritime transport published Thursday, November 18 by the United … Read more

Graphics cards: prices still high for months

11/13/2021 at 12:30 p.m. from Valentin Sattler – Allegedly, the delivery situation for graphics cards should not improve in the coming months either. On the contrary: there could even be slight price increases. However, an improvement in the situation is only expected with the new generations of AMD and Nvidia. Anyone who wanted to buy … Read more

Against the backdrop of accelerating growth, manufacturers are increasing their selling prices

In a hypermarket in Givors, near Lyon, in March 2020. JEAN-PHILIPPE KSIAZEK / AFP More than one industrial company in two has started to pass on the rise in raw materials, including energy, in its selling prices, indicates the monthly economic survey of the Banque de France, published on Monday, November 8. And this, while … Read more

Food chain ends up in ‘perfect storm’ for longer period – High energy prices, rising raw material prices and labor shortage put pressure on margins in the food sector

Low gas supplies on the eve of winter are driving higher gas and electricity prices. Once the winter is over, ABN AMRO expects prices to fall, but normalization of prices is not expected to happen until after 2023. ABN AMRO expects a similar pattern for electricity prices. A decline as soon as the winter is … Read more

Imbalance in supply and demand – Heated global market drives prices up

Meat processor Vion already indicated in July that supply and demand are also out of balance in our country. The slaughterhouse mainly pointed to the limited supply of animals. This is due to the number of entrepreneurs in Dutch livestock farming who have stopped. However, the slaughterhouse did not dare to make any predictions about … Read more

Fuel prices: how to get the “inflation allowance” of 100 euros

Through Anne-Sophie Blot Published on 22 Oct 21 at 11:36 News See my news Follow this media Fuel prices have been rising for several weeks, even reaching 2 euros per liter of diesel in some stations in Paris. (© Adobe Stock / illustration) Good news for some, insufficient or unsuitable measure for others, the payment … Read more

Announcements by Jean Castex on the rise in fuel prices: the opposition denounces a “tinkering”

Jean Castex on the television news set of TF1, October 21, 2021. LUDOVIC MARIN / AFP Compensation of 100 euros to cope with soaring prices at the pump. The Prime Minister, Jean Castex, unveiled, Thursday, October 21, on the 8:00 pm TF1 set, the government’s response to concerns about soaring fuel prices and purchasing power. … Read more

Faced with the rise in energy and fuel prices, Jean Castex announces an “inflation allowance” of 100 euros

The Prime Minister, Jean Castex, on the set of TF1, Thursday, October 21. LUDOVIC MARIN / AFP The subject is sensitive, because it affects the daily life of the population: given the rise in energy and fuel prices, the government has decided to take measures, announced by Jean Castex, Thursday, October 21. A “Inflation compensation” … Read more