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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Rising Fuel And Food Costs Push US Inflation To 7.9% (17407 Views)
Russia's MOEX Stock Index Is Up 9% / German Producer Prices Jump By Record 25.9% / How The U.K Ended Up In A Fuel And Food Shortage (2) (3) (4)
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Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Flier: 6:30pm On Mar 10, 2022 |
As much as I like Democrats,they are to blame for this problem,they are dragging USA and the whole world back because of their climate change policies Infact their policies are affecting me here I bought diesel 630 naira today |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Kastonkastroll(m): 6:30pm On Mar 10, 2022 |
Hehehe just the beginning. Very soon Americans will be left with no option than to drag biden out of Whitehouse. Imposing nonsense sanctions on Russia wont do America any good. 5 Likes 1 Share |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Twifemmy(m): 6:31pm On Mar 10, 2022 |
https://www.youtube.com/watch?v=C50LN59jAd0 Days are gone when women only depend on their husbands for financial support. If you are still in that part of the world as a woman, you are the only person that is existing from that countryside. we have moved since. In this 21st century, women need to be financially independent to assist themselves and their families and the only way to breakthrough into this financial freedom is find something doing for yourself while staying at home. please, don't forget to subscribe to my channel if you haven't done so. https://www.youtube.com/watch?v=C50LN59jAd0 |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Lattop1(m): 6:32pm On Mar 10, 2022 |
It is just starting 2 Likes 1 Share |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Nova1988(m): 6:33pm On Mar 10, 2022 |
Mumusaphire: How many people were surveyed before you came to that crazy conclusion of 99%? 16 Likes 3 Shares |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by goodheart01: 6:33pm On Mar 10, 2022 |
Mumusaphire: U dey mind Pootin and him nairaland touts |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by gamechanger547: 6:33pm On Mar 10, 2022 |
Just as the EU is unwinding its rescue package to counteract the economic fallout from the coronavirus pandemic, Russian President Vladimir Putin's invasion of Ukraine means that Brussels is having to weigh up another raft of financial support measures. The European Commission is exploring options to shelter its economy from the blowback of Western sanctions on Russia, including surging energy prices and potential retaliatory countermeasures from the Kremlin, five EU officials and diplomats told POLITICO. The package, which could be adopted as early as next week ahead of an EU leaders' summit in Paris next Thursday and Friday, is still under discussion. Early talks, however, suggest that its elements could include repurposing of existing loans, fresh debt to raise money for loans in case of energy price spikes, and new guidance on fast-track approval of state subsidies. "In the short term, there is a set of measures on which we have worked with the European Commission, in particular with [European Commission Executive Vice President] Margrethe Vestager, which can relate either to state aid or to special loans for companies ... They must target in priority the most fragile companies, the companies that are gas-intensive and the companies that are exposed to international competition. This is the framework that we are defining and that has to be validated," France's Finance Minister Bruno Le Maire told reporters at a press conference on Wednesday, after an online meeting of EU finance ministers. EU countries have not yet been formally consulted, but initial reactions from some diplomats were cool, with one describing it as the Commission "getting ahead of itself." In recent days, EU leaders have been calling on Brussels to make these kinds of proposals: "If you have a situation of sanctions and countersanctions, that will have an impact,” Belgian Prime Minister Alexander De Croo told reporters on Tuesday. “Hence, at the European level, we strongly urge the European Commission to develop a package of measures to limit the economic impact.” Prime Minister Mario Draghi of Italy, one of the countries that would be severely impacted if Putin turns off the gas taps, told senators on Tuesday that "the war will have consequences on the price of energy, which we will have to face with new measures to support companies and families. It is appropriate that the European Union facilitates them, to avoid excessive repercussions on the recovery." This would detail the conditions under which capitals would be allowed to shore up their companies affected by the Ukraine crisis, and ensure a fast-track approval from Brussels. Ongoing discussions focus on what would be the scope, the duration and the triggering event for such a new framework. Brussels could also invite EU countries that haven't used up their entitlement of loans under the bloc's Recovery and Resilience Facility , the €723.8 billion joint-debt coronavirus recovery package, to ask for more financing. No country except Italy has requested the full amount of loans. Any new financing request under the facility would need to come with a spending plan subject to the Commission and Council's approval. A third option would be for the EU to issue fresh debt to raise money that it would then lend to capitals at attractive rates, that could be used to counter a further spike in energy prices. The EU treaties allow for the bloc to provide financial assistance to its members under "exceptional circumstances beyond its control," and "in particular if severe difficulties arise in the supply of certain products, notably in the area of energy." Officials stressed this would require a signoff from EU capitals and some diplomats noted that raising new debt isn't their preferred option. "Better look into existing instruments than start fights about new money," said one EU diplomat. Another EU diplomat was even more scathing: "The Commission is once more getting ahead of itself. Of course, we all need to look carefully at the economic and financial consequences of the current situation. But for some time to come, EU member states will still benefit largely from the recovery fund. Those extra billions should help them weather the current situation. In any case, the debate is taking a wrong turn: Our priority must be to urgently chip in to help Ukraine defend its statehood and preserve its economic basis — and not to look for some extra bucks from the EU." The Commission refused to comment on any potential upcoming measures. Bjarke Smith-Meyer, Lili Bayer and Barbara Moens contributed reporting. |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Eriokanmi: 6:33pm On Mar 10, 2022 |
johnfarida2011:no thanks |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by goodheart01: 6:34pm On Mar 10, 2022 |
BKayy: This one think sey na bluefilm him dey watch 2 Likes 1 Share |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Flier: 6:34pm On Mar 10, 2022 |
Mumusaphire:See if USA can pump more oil the world won’t feel anything Biden should declear operation warp speed to pump oil not to beg OPEC to pump more oil Most big OPEC members are behind RUssia,they don’t like democrats 4 Likes |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Nova1988(m): 6:34pm On Mar 10, 2022 |
remi4ever: That's a very huge number. |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Mccullum: 6:35pm On Mar 10, 2022 |
It's an action of self inflicted injury by the West, it's a prize paying for Ukrainian people. Diplomacy is the key to solve this crisis, all these proxies war strategy can't give Significant resolution to this war. It'll later take effect globally in a systemic way. 2 Likes 1 Share |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Lumig: 6:35pm On Mar 10, 2022 |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Truvelisback(m): 6:35pm On Mar 10, 2022 |
Julaion24:Nigeria own na since 1960. |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Flier: 6:37pm On Mar 10, 2022 |
Mccullum:I dont see a way out for Putin,he is in big problem He seriously miscalculated |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Bigchristo: 6:38pm On Mar 10, 2022 |
Jackson667:Sanction be like National cake e go reach everybody, those who where here ranting that it’s only Russia that will feel the heat should understand that everybody need each other, international trade is what makes the world balance. 4 Likes 1 Share |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Mccullum: 6:38pm On Mar 10, 2022 |
Nova1988: Don't mind that innocent . 2 Likes 1 Share |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Nobody: 6:38pm On Mar 10, 2022 |
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Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Keegan: 6:39pm On Mar 10, 2022 |
Nova1988: You no check hin name? Na Mumu he be. 1 Like |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by goodheart01: 6:39pm On Mar 10, 2022 |
Fitojade: That’s not how strong Russia is, that’s simple global economics period! And no big deal because the US reserves will cushion the effects. It would have been worse than this if the effects was coming from the US. Google about the US Recession of 2007-2009 and how it affected the whole world 1 Like |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by tamcamp253: 6:40pm On Mar 10, 2022 |
We never talk our own finish OP carry us go US matter 1 Like |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by JooEeL(m): 6:40pm On Mar 10, 2022 |
Rising fuel or ban of imports of Russian oil? Las las, everybody dey chop breakfast. 2 Likes 1 Share |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Nova1988(m): 6:41pm On Mar 10, 2022 |
Keegan: That's true! Lol! 2 Likes 1 Share |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by useni1: 6:42pm On Mar 10, 2022 |
Hunger won finish kroger and 1stGenAmerican. Na kulikuli them dey eat since yesterday. Begging people back in Nigeria to send them money. Serious famine has taken over the land. Expect them to start eating grass and sand 3 Likes 1 Share |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by seanwilliam(m): 6:43pm On Mar 10, 2022 |
BKayy:try dey smoke weed wey u buy with your money 2 Likes 2 Shares |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by frowland(m): 6:43pm On Mar 10, 2022 |
BKayy: Hmmm |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by MrDebonair: 6:43pm On Mar 10, 2022 |
Reading some funny comments here. In reality, if the US economy collapses, the impact on the economy for Nigerians would be awful and disastrous. Because all we do is borrow IMF, World bank etc. Yet some ill informed persons here are regurgitating thrash about US, UK and EU economy collapse. I can imagine how Nigeria will fund her projects. Not to mention foreign aids for most health programmes. 1 Like 1 Share |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by Mccullum: 6:43pm On Mar 10, 2022 |
Flier: Way out? difficulties open ideas for survival, no one can think duration of this war, which may be longer than expected for both West and Eastern powers. 1 Like |
Re: Rising Fuel And Food Costs Push US Inflation To 7.9% by xtervaganza(m): 6:46pm On Mar 10, 2022 |
They threw away Trump and voted in a puppet. Enjoy your misery 5 Likes 1 Share |
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