The supply chain crisis caused by entire countries shutting down for months over a virus that had a 99.5 percent survival rate is now being exacerbated by the war in Ukraine and new lockdowns in some producer countries, and is now causing some countries so much economic stress they are defaulting on their debts. Sri Lanka, … Continue reading Governments on road to collapse as global supply chain crisis, inflation worsen; Sri Lanka now suspending foreign debt payments
Venezuela enacts strict price controls amid coronavirus pandemic, basic goods now priced higher than minimum wages
Amid a continuing rise in coronavirus cases, as well as burgeoning hyperinflation, Venezuelan President Nicolas Maduro announced the return of strict price controls on basic goods in the South American country. Maduro made the announcement, which will affect over two dozen basic commodities, during a special broadcast aired by the country’s state-run television station. “I have given precise instructions … Continue reading Venezuela enacts strict price controls amid coronavirus pandemic, basic goods now priced higher than minimum wages
Dr. Eddy Bettermann MD 