German Food Producers Warn of ‘Serious’ Shortages
Food producers in Germany are warning of “serious” shortages as the global industry faces the “worst crisis since the end of the Second World War.”
Food producers in Germany are warning of “serious” shortages as the global industry faces the “worst crisis since the end of the Second World War.”
Russia has halted gas supplies to Europe via a key European supply route citing maintenance issues, according to reports.
Germany’s Economy Minister Robert Habeck has announced that the German government’s fears of major natural gas shortages over the winter are easing.
Inflation in Germany has seen food prices soar to the highest level on record in July, according to the country’s statistical agency.
Germany’s producer prices hit a record high in May as soaring energy costs and inflation continue to push production costs through the roof.
Germany has narrowly avoided a recession in the first quarter as its economy comes under increasing pressure from the Ukraine invasion and the lingering impact of the pandemic.
Germany has just dealt a massive blow to President Vladimir Putin’s loyal circle by seizing a Russian oligarch’s $600 million yacht.
Of the recorded cases of Omicron in Germany, almost 96 percent of people who tested positive for the COVID-19 variant are “fully vaccinated,” according to a bombshell government report.