so that puts a real burden on their financial systems and on the poor. the energy cost rises, it hit everyone, and especially they are a regressive tax, they hit the poor the most, as does inflation. the price of vital goods on international markets has been soaring. wheat is normally a major export for both russia and ukraine. the price has risen nearly 75% over the past month. aluminium is up 25% and it's hitting record levels. and this is what's been happening to the price of crude oil, up 24% since early february. numbers on global markets can often feel rather distant from everyday life, but their effects are very real. if the price of wheat goes up, that makes a whole range of foods more expensive. if the cost of copper and aluminium goes up, then manufactured goods will cost more to buy as well. and as for gas and oil, well,
Related Keywords
Most , Burden , Inflation , Energy Cost Rises , It Hit Everyone , Systems , Poor , Tax , Ukraine , Russia , Price , Wheat , Goods , Markets , Export , Soaring , 75 , Aluminium , Hitting Record Levels , Numbers , Crude Oil , 24 , 25 , Gas , Life , Cost , Effects , Foods , Soil , Orange , Copper ,
comparemela.com © 2020. All Rights Reserved.