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Not seen since 'WWII': Price hikes, shipping delays and soaring freight costs to hit Bay of Plenty shoppers in the pocket

Not seen since WWII : Price hikes, shipping delays and soaring freight costs to hit Bay of Plenty shoppers in the pocket
23 Apr, 2021 09:00 PM
7 minutes to read
It may not be as bad as lockdown but some goods are missing from shelves experts say. Photo / Getty Images
It may not be as bad as lockdown but some goods are missing from shelves experts say. Photo / Getty Images
Shoppers are being warned of price hikes across the board as goods begin to disappear off shelves in a scenario one retail leader says hasn t been seen since World War II.
Sea freight prices have ....

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Soaring lumber prices reverberate through U.S. housing marke

Soaring lumber prices reverberate through U.S. housing market
Reuters | Apr 24, 2021 12:13 AM EDT
Lumber is stored at one of the Freres Lumber facilities in Lyons, Oregon, U.S. (Photo : REUTERS/Alisha Jucevic)
Skyrocketing lumber prices threaten to thwart the momentum of the U.S. housing market, which for months has been one of the brightest stars of the recovery from the pandemic recession.
At the onset of the health crisis, the mills stopped producing, said Dustin Jalbert, senior economist and lumber industry specialist at Fastmarkets in Burlington, Massachusetts. As soon as they saw 20 million unemployed, they shut down production.
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Philippines: 9,661 new Covid-19 cases as total nears 990,000; rescuers find two more bodies of missing sailors, 7 still missing

People queue for free food from a community pantry amid the coronavirus disease (Covid-19) outbreak, in Quezon City, Metro Manila, Philippines, April 23, 2021. - Reuters
MANILA, April 24 (Xinhua): The Philippines Department of Health (DOH) reported on Saturday 9,661 new COVID-19 infections, bringing the total number of confirmed cases in the South-East Asian country to 989,380.
The death toll climbed to 16,674 after 145 more patients died from the viral disease, the DOH said.
Health Undersecretary Maria Rosario Vergeire stressed the need to remain vigilant, adding that the transmission rate in the country is still high.
We see a slight decline in the average daily reported cases. We want this downward trend to continue, so we must not be complacent, Vergeire said in a televised press conference on Saturday. ....

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Covid surge: Airfares soar, private jets in demand as rich Indians flee

World
April 24, 2021
MUMBAI: Airfares soared and demand for private jets boomed on Friday as Indians who could afford it scrambled to escape a Covid surge before flights to the United Arab Emirates shut down.
All flights from the UAE to India one of the world’s busiest air corridors will be suspended from Sunday as coronavirus cases in the South Asian nation reach record levels and overwhelm hospitals. Price comparison websites showed one-way commercial flights from Mumbai to Dubai on Friday and Saturday costing as much as 80,000 rupees ($1,000), around 10 times the usual rate.
Tickets for the New Delhi to Dubai route were going for more than 50,000 rupees, five times the normal level. No tickets were on offer from Sunday when the 10-day flight suspension comes into force. For private jets, the amount of interest was absolutely crazy , a spokesman for charter company Air Charter Service India told AFP. ....

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Ask Tammy Lofink: Resources can help to support recovery from addiction

The vicious cycle of treatment, recovery and relapse can be exhausting for those who are dealing with substance abuse. What is being missed for people in recovery to be successful in sustaining it long-term? How can motivation and hope be maintained when recovery is a daily, 24/7 effort and must remain a priority? ....

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