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Showing stories tagged #global economy — clear filter
🌰 Fresh stash
Oil prices surged to $105 a barrel, with Brent crude exceeding $106, as Middle East hostilities escalate and Houthi forces threaten the Bab el-Mandeb strait. Borrowing costs also rose amid fears of prolonged conflict impacting global supply chains.
🐿️ Hoard sunflower seeds now because $5 gas is coming and your winter nut budget will crack.
The World Meteorological Organization has warned that a 'supersized' El Niño event could disrupt global economies and weather patterns, prompting countries to prepare for potential droughts, floods, and agricultural losses.
🐿️ This El Niño isn't just a warm spell—it's a potential economic haymaker for nations already strained by extreme weather.
