Posts Tagged ‘Inflation’

New Zealand’s post-Covid inequalities concerning

Thursday, November 5th, 2020

Concerns about New Zealand’s post-Covid inequalities are piling up. There is disquiet that the monetary response to Covid-19 is fuelling inequality by driving up share-markets and house prices. Recent Stat’s NZ data shows high-spending households are benefiting from zero inflation on the mix of products and services they buy. In contrast, price rises are still Read more

Venezuelans being starved out of Venezuela

Thursday, August 23rd, 2018

Venezuelans are arriving in Colombia as refugees with a few suitcases, malnourished children and reports of bare shelves in shops, supermarkets and pharmacies. The International Monetary Fund is predicting the inflation rate in Venezuela will top one million percent this year. If that happens, the monthly minimum wage will not buy enough flour for a Read more

Venezuela economy crisis means shortage of Communion hosts

Tuesday, August 18th, 2015

One of the effects of Venezuela’s economic crisis is a shortage of unleavened wheat flour to make Communion hosts. The monthly production of hosts in the South American nation has fallen from 80,000 to 30,000 recently, the Catholic News Agency reported. Giovanni Luisio Mass, prior of the Order of Poor Knights of Christ of the Read more