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In reply to the discussion: Americans Are About to Pay Even More at the Grocery Store [View all]underpants
(197,407 posts)30. Yep. Take a wild guess why.
https://www.democraticunderground.com/?com=view_post&forum=1002&pid=21263371
Disruption in the Middle East, which accounts for 9% of global aluminium smelting capacity, has upended trade flows far beyond the Gulf, industry sources told Reuters.
An ensuing tug-of-war is playing out in regional physical market premiums U.S. and European buyers pay above the London Metal Exchange benchmark for aluminium, which is used in everything from cars and beer cans to building materials.
Disruption in the Middle East, which accounts for 9% of global aluminium smelting capacity, has upended trade flows far beyond the Gulf, industry sources told Reuters.
An ensuing tug-of-war is playing out in regional physical market premiums U.S. and European buyers pay above the London Metal Exchange benchmark for aluminium, which is used in everything from cars and beer cans to building materials.
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Because of infrastructure damage in the gulf, it will take 1.5 to 3 years to return to prewar production.
Swede
May 27
#2
Farmers are now paying much higher prices for fertilizer and fuel and that is gonna add to price of food.
Botany
May 27
#4
Good point. Too often we forget that Republican politicians are the disease, Trump is only the symptom.
Fil1957
May 27
#15
Hello, RainCaster. It is not the GOP enablers. The root cause is the robber barons, today's billionaires. They
PatrickforB
May 27
#23
If we win those majorities, there will be impeachment and conviction. But yeah, then Vance, then Johnson... n/t
PatrickforB
May 27
#36
It will not be good enough to simply win on the discontent of Americans for this situation...
Ol Janx Spirit
May 27
#14
Smaller cattle herds will mean smaller feedlot operations, less market for corn and soybeans.
eppur_se_muova
May 27
#49