Due to a number of factors, Japan is running short on rice, experiencing its lowest rice stocks in over 20 years.
For the last three years, production has not kept up with demand. Consumers are struggling to find enough rice on grocery shelves, and many stores have limited purchases to one bag per family.
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This post is based on the CNBC post, Japan’s […]
Housing availability has plummeted while housing costs have skyrocketed for residents of Florence, Italy, in the wake of popularity for shorter rentals via platforms like Airbnb.
The housing shortage leaves lower income Italians and students particularly hard pressed to find affordable housing. In the absence of action by the central government, the city of Florence has taken matters into its own hands, banning new short-term residential leases on sites like Airbnb. Other cities around the world have faced similar problems.
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Apple has cut production of its Vision Pro headset by 60% due to hardware supply chain constraints and design issues.
The two main reasons given for lowering headset production from one million, to 400,000 units: 1) the complexity of the headset design, and 2) the inability for its supplier, Sony, to increase production of two key headset components.
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This post is based […]
As we approach the one-year mark (February 24, 2022) of Russia’s war on Ukraine, Putin continues to weaponize several key sectors of the global economy.
Both developing and developed countries have been hit by the domino effect of fuel shortages, which have led to fertilizer shortages, which have reduced global food supplies.
While people across the globe have seen prices rise and some products go missing, often, it’s the poorest countries that bear the brunt of these disruptions.
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