Page 22 - Roaring News Today

Agricultural output dwindles due to scorching heat, rainfall deficit as farmers struggle with soaring costs, poor infrastructure.

Output from the world’s second-largest coffee producer is expected to drop next year, amid dwindling stockpiles and a poor harvest outlook at a time when global coffee consumption is increasing.

German state lender KfW is prepared to extend a credit line to struggling gas importer Uniper as one way to offset losses that have accelerated with soaring fuel prices, two people familiar with... | August 24, 2022

Overall, uncertainty reigns ahead for European markets, as it is feared the energy crunch could worsen

SHANGHAI (AFP) – Shanghai will switch off decorative lights along its famed Bund riverfront for two days, city authorities said, in response to a nationwide heatwave that has sent power demands soaring. Multiple provinces have announced power cuts to cope with a surge in demand, driven partly by people cranking up the air conditioning to […]

LONDON (AP) – A strike by London Underground workers brought the British capital’s transit network to a grinding halt yesterday, a day after a nationwide walkout by railway staff. Another rail strike is scheduled for today as the United Kingdom (UK) endures a summer of action by workers demanding pay increases to offset soaring food […]

BEIJING (AFP) – Sixteen people were killed and many left missing in flash flooding in northwest China, state media reported yesterday, as the country battles extreme weather that has shuttered factories and caused rolling power cuts. The deluge comes during a summer of soaring temperatures and torrential rains in China, with multiple cities clocking their […]

LAGOS (AFP) – From five grammes of toothpaste to 10 millilitres of cooking oil, many Nigerians struggling with soaring prices now buy their basic necessities in small quantities packed in tiny plastic bags to be consumed on the same day. Brands behind this “sachetisation of the economy” see it as a creative innovation, allowing consumption […]

The combined sum of goods and services in the uk. the data from the office for national statistics shows the quarterly contraction was just 0.1% from april tojune, which is smaller than some analysts had predicted, but showed a slowing in consumer spending. and the gdp figures forjune alone showed the economy shrank by 0.6%. heres our business editor, simonjack. here in chester, its notjust the drinks that are on ice. the whole economy has started to cool. the owner of this bar, kingdom thenga, ...

Showed the economy shrunk by 0.6%. heres our business editor, simonjack. here in chester, its notjust the drinks that are on ice. the whole economy has started to cool. the owner of this bar, kingdom thenga, told me hopes of a post—covid boom had been dashed. were just surviving right now. its not about making money, its not about trying to expand or trying to grow our business, its just about stabilising the business, especially after the pandemic over the past two years. we thought, well get...