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Inflation
03/01/2024
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By Cassie B.
LET THEM EAT FLAKES: Kellogg’s CEO under fire for saying Americans should eat cereal for dinner to save money amid inflation
The CEO of Kellogg’s, Gary Pilnick, has come under fire after suggesting Americans save money in the face of rising food prices by eating cereal for dinner. His comments come at a time when Americans are spending the highest percentage of their income on food in decades at 10%, while the average family spends more […]
02/20/2024
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By S.D. Wells
Canadian government attributes nationwide poverty to high food costs, not failed government policies and money printing
Food shopping can be a stressful venture, especially if you try to distinguish the truly healthy options from the green labeled garbage produced by international food processing corporations. But for many Canadians, shopping for food could be pushing them below the poverty line. The Canadian National Advisory Council on Poverty (NACP) recently published a report […]
02/18/2024
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By Cassie B.
Tucker Carlson says grocery shopping in Moscow left him feeling shocked and “radicalized” about food prices and food inflation in the USA
Tucker Carlson said that he felt “radicalized” after visiting a Moscow grocery store recently and seeing the prices of food there. He and his crew estimated that the groceries they filled their cart with – which represent a week’s worth of food – would cost around $400 and were shocked when they found out their […]
01/12/2024
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By Belle Carter
French retail giant boycotts PepsiCo snacks and drinks in Europe “due to unacceptable price increases”
France’s largest supermarket chain Carrefour started boycotting food and drinks of PepsiCo on Jan. 4 in France, Belgium, Spain and Italy in a move to encourage the American multinational food, snack and beverage corporation to bring down its prices. The retail giant has removed PepsiCo items from supermarkets in France and placed banners in aisles […]
01/02/2024
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By Cassie B.
Rice prices hit 15-year high, increasing food insecurity for billions of people
The price of rice has hit a new 15-year high amid strong demand and growing concerns about global rice supplies in the face of unfavorable weather patterns, geopolitical concerns and export restrictions. The Thai Rice Exporters Association reports that the Asian benchmark Thai white rice 5 percent broken has risen for the third week in […]
12/15/2023
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By Laura Harris
U.S. food banks grapple with strained donations as people battle FOOD INFLATION
As the Christmas holiday approaches, food banks in the U.S. are grappling with strained resources due to inflation. In a survey conducted by impact technology company Divert Inc, only 25 percent of respondents were more likely to donate during this holiday season because of the escalating cost of food and groceries. Moreover, the survey found that the current […]
12/12/2023
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By Cassie B.
India bans onion exports as government tries to control rising food prices
India has added yet another food staple to its list of export restrictions as the country’s government takes drastic steps to keep domestic prices under control as elections in the country loom. The latest move sees overseas shipments of onions prohibited until the end of March, with an exception being made for cargos that began […]
12/10/2023
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By Belle Carter
Grocery items in first “Home Alone” now 264% HIGHER after taxes despite Biden’s “strong economy” claims
The prices of grocery items featured in the first “Home Alone” movie, which hit theaters in 1990, have increased since then. The movie starred Macaulay Culkin, then eight years old, as protagonist Kevin McCallister. The young McCallister had been mistakenly left home alone on Christmas Eve, prompting him to make a trip to the grocery […]
12/07/2023
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By Belle Carter
Bidenomics: Big Mac extra value meal now costs $10 more than it did during Trump’s era
Customers of fast food giant McDonald’s are not spared by inflation. The fast food chain’s Big Mac extra value meal, a combo of the iconic burger, medium beverage and a medium fry, now costs $18 in some locations – up $10 from 2018 when former President Donald Trump was still president. A viral video of […]
12/06/2023
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By Belle Carter
El Nino sends rice prices soaring, nearly reaching new 15-year peak
Experts are expecting rice prices to reach a new 15-year high in the aftermath of the El Nino weather phenomenon – a large-scale oceanographic/meteorological phenomenon associated with extreme climatic variability i.e., devastating rains, winds, drought, etc. – across Asia that has damaged farmlands and massively affected the supply chain. Thai white rice five percent broken […]
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