Evergrande averts default with interest payment – reports
Guardian staff and agencies Fri 29 Oct 2021 The Chinese property developer Evergrande has reportedly made an interest payment for an offshore bond before a grace period expired on Friday,…
Running Out: Can Fast Food Favorites Beat Supply Shortages?
by Alyssa Rinelli Fast food companies are facing increased pressure due to shortages of key supplies. McDonald’s pulled milkshakes for several weeks this summer from its 1,250 stores in the…
Report: Supply Chain Crisis Impacting Grocers, ‘Shelves Were Bare and Nearly Empty’
WENDELL HUSEB 14 Oct 2021 President Biden’s supply chain crisis is impacting grocery store’s ability to keep food on shelves and workers employed. “Typically where shoppers can find snacks, canned…
Indian Central Bank Accumulating Large Quantities Of Gold Almost Under The Radar
BY TYLER DURDEN OCT 07, 2021 – 10:10 PM Submitted by Ronan Manly of BullionStar.com While large one-off central bank gold purchases get a lot of media attention and the…
Energy Crisis May Trigger Winter Blackouts Across US: Coal Firm CEO
BY JACK PHILLIPS October 8, 2021 The energy crisis that has led to shortages and blackouts in Europe and Asia could hit the United States this winter, said the CEO…
Why Shortages Are Permanent: Global Supply Shortages Make Fantastic Financial Sense
BY TYLER DURDEN THURSDAY, OCT 07, 2021 Authored by Charles Hugh Smith via OfTwoMinds blog, The era of abundance was only a short-lived artifact of the initial boost phase of…
Los Angeles Passes One of the Strictest US COVID-19 Vaccination Mandates
BY JACK PHILLIPS October 6, 2021 The Los Angeles City Council on Oct. 6 approved one of the strictest COVID-19 vaccination mandates in the country, requiring proof of vaccination to…