New data from S&P Global shows that food supply shortages reached a record high in April amid the ongoing conflict between Russia and Ukraine. Manufacturers worldwide reported sustained supply and price pressures last month, and the Global Supply Shortages Index calculated that shortages were just under seven times higher than the normal level. “Supply shortages surged … Continue reading Food shortages reached record high in April as inflation continues to skyrocket
Shanghai’s COVID lockdowns have “halted everything,” says business owner
Commerce has come to a halt in Shanghai, where local authorities have put a stop to pretty much “everything” in the name of fighting the latest strain of the Wuhan coronavirus (COVID-19). Factories, warehouses and ports in central China are currently closed for business, which is already having a devastating effect on the rest of the … Continue reading Shanghai’s COVID lockdowns have “halted everything,” says business owner
West Coast ports logjammed with about container 60 ships still waiting to dock; supply lines continue to suffer disruptions
Ports in the U.S.’s West Coast report record congestion, with a satellite image showing more than 60 ships waiting to dock. A sudden surge in American purchases ahead of the holidays alongside a massive backlog is responsible for this congestion. Labor shortages at the ports of Los Angeles and Long Beach also worsen the situation. A satellite … Continue reading West Coast ports logjammed with about container 60 ships still waiting to dock; supply lines continue to suffer disruptions
Second wave of a global “shipping nightmare” now taking shape – expect SHORTAGES of everything
For weeks we’ve been warning about a coronavirus-induced supply chain disruption that was only going to get worse before it gets better. Well, over the past 48 hours, the situation definitely got worse. Much worse. On Monday Natural News reported that Western supply chains were already in peril thanks to a combination of worker shortages, transportation shortages, and a shutdown … Continue reading Second wave of a global “shipping nightmare” now taking shape – expect SHORTAGES of everything
Coffee prices soaring due to “systemic” coronavirus supply chain disruptions
Global supply chains are breaking down due to the government’s endless Wuhan coronavirus (Covid-19) restrictions, and the latest consumer commodity casualty is coffee. According to reports, a longstanding imbalance of shipping containers around the world is spiking transportation costs for coffee, which could end up spiking the cost of coffee for end consumers. Coffee processors of … Continue reading Coffee prices soaring due to “systemic” coronavirus supply chain disruptions
Dr. Eddy Bettermann MD 