A new report by the Food and Agriculture Organization (FAO) of the United Nations showed that global food prices soared last month, led by a jump in vegetable oils and dairy. The index of prices, up by 1.1%, is edging closer to 2011’s all-time high, the research showed. The fallout …
Read More »But first, champagne! Bubbly sales surge globally, edging close to pre-pandemic highs
Champagne sales are on course to reach a four-year high this year, thanks to exports to the United States and Australia, French champagne wine growers lobby SGV said earlier this month. Sales between January and August soared 11.9%, even compared to the same period in pre-pandemic 2019. At the time, …
Read More »We’re in a PERFECT STORM for gold prices edging higher, financial editor tells Boom Bust
Sean Hyman of the Logical Investor offers his insight on how the markets are faring amid hopes of the major stimulus. “I think we are in the perfect storm in the favor of gold and precious metals. In fact, I’m even more bullish on silver and platinum than even gold,” …
Read More »Tesla tycoon Elon Musk declared richest person in the world, edging out Amazon’s Bezos
Musk was officially named the richest person on the planet on Thursday, not-so-narrowly edging out Bezos thanks to a 4.8 percent boost in Tesla’s stock value. The South African-born electric car purveyor’s net worth is now an eye-popping $188.5 billion, while Bezos has “only” $184 billion. The rapid growth of …
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