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Indonesians face soaring cooking oil prices as war in Ukraine disrupts global trade
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Millions of consumers and small business owners in Indonesia have been rattled for months by surging cooking oil prices. Soaring prices have been triggered by a jump in demand for palm oil, particularly after Russia’s invasion of Ukraine. The two European countries are the world’s biggest suppliers of wheat and sunflower oil. While Indonesia is the…
Brazil farmers face record high fertiliser prices
Farmers in Brazil are complaining about a spike in fertiliser prices caused by the war in Ukraine. With about 30 percent of their supplies imported from Russia and Belarus, farmers are feeling the effects of a war that is being fought thousands of kilometres away. Al Jazeera’s Monica Yanakiew reports from Prudentopolis in Brazil. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook:…
Germany launches transport scheme against rising prices
Germany has begun offering a $10 monthly ticket that offers unlimited travel across the country. It’s part of an initiative to combat inflation and the high cost of fuel by making public transport more affordable. Politicians hope the scheme will have a big impact, but not everyone agrees that it is enough. Al Jazeera’s Dominic Kane reports from Berlin. – Follow us on Twitter: https://twitter.com/AJEnglish/…
Gas prices hit fresh record over Memorial Day weekend
Macro Trends Advisors LLC founding partner Mitch Roschelle weighs in on gas prices and the housing market. Subscribe to Fox News! https://bit.ly/2vBUvAS Watch more Fox News Video: http://video.foxnews.com Watch Fox News Channel Live: http://www.foxnewsgo.com/ FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television news channel…
UK sees staple food prices soar amid growing global crisis
Global food prices have hit an all-time high in recent months. They are being driven upwards by the war in Ukraine, the pandemic and climate change. This comes on top of surging energy prices and high inflation. Al Jazeera’s Neave Barker reports from London. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #Food #UK
Shell profits nearly triple as oil prices surge amid Russia-Ukraine war – BBC News
Energy giant Shell has reported its highest ever quarterly profits as oil and gas prices surge around the world. Shell made $9.13bn (£7.3bn) in the first three months of the year, nearly triple its $3.2bn profit it announced for the same period last year. But the firm said pulling out of Russian oil and gas due to the Ukraine conflict had cost it $3.9bn (£3.1bn)….
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