By Tyler Durden More than six months into the Russian invasion of Ukraine, the global fertilizer crunch threatens to starve the planet as prices are too high for some farmers ahead of the next planting season. That’s the view of Maximo Torero, chief economist from…
By Tyler Durden Drought conditions expanded and intensified over the Northeast this summer, according to the latest report from the US Drought Monitor. Extreme drought plagues eastern Massachusetts, including Boston, and southern and eastern Rhode Island. A severe drought is more widespread, encompassing much of…
By Tyler Durden The city of Las Vegas, New Mexico, has 20 days of fresh water left, and officials are searching for alternative sources to prevent contaminated water from flowing to households and businesses, according to CNN. Not to be confused with Las Vegas, Nevada, the…
By Tyler Durden A wave of European ammonia-plant shutdowns due to soaring natural gas prices has resulted in a devastating fertilizer crunch, worsening by the week, with as much as 70% of production offline. “Ammonia prices, though volatile, rose 15% in 3Q and could climb…
By Tyler Durden Moderna announced on Friday that it’s suing rivals Pfizer and BioNTech SE, claiming that the mRNA technology in their Covid-19 jab infringes on its patents. The lawsuit, filed in the US District Court in Massachusetts as well as in Germany, seeks unspecified…
By Tyler Durden U.S. District Court of Florida Judge Steven Merryday issued an injunction this week against the Department of Defense and the U.S. Marine Corps, allowing US Marines with religious objections to refuse covid vaccine mandates imposed by the Biden Administration. Liberty Council, a…
By Tyler Durden Days ago, we said the next food insecurity problem that may impact Americans’ eating habits could be an emerging potato shortage. Now there appears to be another issue: Tomatoes are getting squeezed, and risks of a ketchup shortage rise as a severe drought…
By Tyler Durden Water levels on Germany’s Rhine River continued to decline Monday, hitting a new threshold as an extended period of dry weather exacerbated Europe’s energy-supply crunch. Falling water levels have also revealed shocking photos of partially dried riverbeds that would make the Rhine impassible at certain…
By Tyler Durden Britain has recorded one of its hottest and driest summers on record. Rivers and reservoirs are drying up as towns in the southern part of the country imposed the first hosepipe ban on Friday. The country’s record heat in July — above 104 Fahrenheit…
By Tyler Durden The city of Las Vegas, New Mexico, has less than two months of drinking water after a massive wildfire contaminated a river the town pulls from, according to local news KOAT 7. Not to be confused with Las Vegas, Nevada, the 13,000-person city…
By Tyler Durden The Italian government declared a state of emergency in five northern regions because of a dangerous heatwave and drought — that are taking a toll on agriculture and threatening power supplies, according to Reuters. The emergency was declared on Monday and will remain…
By Tyler Durden How tough are things getting globally? Well, a new “admired” beer that’s breaking through in Singapore is being made from “recycled sewage”. What part in the global macroeconomic cycle is this again? The beer, called “NEWBrew”, is a “collaboration between the country’s national…
By Tyler Durden A swarm of earthquakes rattled South Carolina and appeared to be getting more powerful. About 30 quakes have hit the state this year, and geologists are stumped about what’s causing “earthquake swarms” similar to those felt in Southern California. Two earthquakes hit…
By Tyler Durden In an attempt to encourage African nations to stop buying Russian fertilizer, the European Union developed a working plan that would help then develop their own fertilizer plants. The draft, dated June 15 and prepared by aides of European Council President Charles…
By Tyler Durden A new survey finds that the cost of insulin is driving many diabetic Americans to go into debt, forcing them to ration medication as they struggle to pay for other living expenses. The survey, conducted by CharityRX, found that 79% of respondents…
By Tyler Durden The surface of Lake Mead, North America’s largest artificial reservoir, now stands at 1044 feet above sea level and is dropping fast. If Lake Mead’s water level falls another 149 feet, a dangerous level known as a “dead pool” could wreak havoc…
By Tyler Durden The company at the center of the ongoing baby formula shortage, Abbott, has once again halted production at its Sturgis, Michigan plant, after severe storms caused flooding inside the facility, the company sad in a statement. According to the statement, production and…
By Tyler Durden In what will come as welcome news to anxious parents across the country, Abbott Nutrition announced it restarted production of infant formula at its Sturgis, Michigan plant on Saturday. The company is prioritizing EleCare and other specialty and metabolic formulas, with product expected to…
By Tyler Durden NewsNation’s Leland Vittert asked one American farmer: “How close are we to the next food crisis?” The answer: “We are in a crisis right now as far as the food chain goes with the farmer in this country,” John Boyd Jr., the President of the National…
By Tyler Durden Pfizer CEO Albert Bourla may have forgotten he was on camera this week, as he dazzled the audience at the World Economic Forum in Davos with fantasies of ingestible computer chips that signal authorities when a drug has been digested. “It is…
