Phil Lempert warns the surge in food prices is here to stay

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One of America’s leading consumer trend-watchers and analysts, Phil Lempert, warns that price spikes for food are here to stay and shoppers shouldn’t expect relief any time soon. “We’re going to continue to see price increases, probably for the next two years or so,” the founder of SupermarketGuru.com told Fortune on Thursday (August 12). Prices that Americans pay for everyday goods and services rose last month,

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Nick Hudson warns we stand at a crucial junction in history

PANDA co-founder and Chairman Nick Hudson received his first award for freedom of expression, decentralisation, and an evolutionary approach from the Free Market Foundation on Wednesday (June 23). PANDA  (Pandemics Data & Analytics) is a politically and economically independent organisation, established by a group of multi-disciplinary professionals in April 2020 who perceived the global reaction to Covid, and lockdown in particular, as overwrought and damaging

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From crypto skeptic to believer: Ray Dalio prefers to buy Bitcoin over bonds

Hedge fund manager Ray Dalio believes Bitcoin is a better buy than government or corporate bonds. During a recent interview at CoinDesk’s Consensus 2021 conference, the co-chairman and co-CIO of Bridgewater Associates, described Bitcoin as a superior financial instrument for saving than bonds. “The more we create savings in [Bitcoin], the more you might say, ‘I’d rather have Bitcoin than the bond.’

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CESEE economic recovery to be strong this year

In the 23 countries of Central, East and Southeast Europe (CESEE), GDP is expected to grow by 3.8% on aggregate this year, the Vienna Institute for International Economic Studies (wiiw) said. The Austrian think tank for first-hand expertise on the CESEE region, CIS and the Balkans, in its spring economic forecast for Eastern Europe predicts that most countries in the region will

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North-South divide in terms of economic strength is very apparent

Concerns over potential divergence in the eurozone are valid despite strong fiscal response at national level all over EU, and the unprecedented fiscal package adopted by the European Council. Again, the North or the “core” eurozone countries, will get out of the crisis faster and stronger, while the South or “periphery” countries remain at risk of a prolonged slump, according to two

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