World News

Mastercard SpendingPulse: U.S. Retail Sales in June Reflect Rising Prices for Essentials, Continued Leisure Spending

July 7, 2022/Mastercard According to Mastercard SpendingPulseTM, which measures in-store and online retail sales across all forms of payment, U.S. consumer retail spending excluding automotive increased +9.5% year-over-year (YOY) in June, while retail sales excluding auto and gas rose +6.1% YOY. Rising prices—particularly for necessities such as food and fuel—were […]

Muhammad Barkindo, OPEC Secretary General Dies at Age 63

The African Energy Chamber extends its deepest condolences to the family of H.E. Muhammad Sansui Barkindo, an oil industry veteran who fought for the right to develop, he will be missed. Image Credit: AEC July 6, 2022/AEC The African Energy Chamber (AEC) is deeply saddened by the passing of H.E. […]

Impacts and Repercussions of Price Increases on the Global Fertilizer Market

June 30, 2022/USDA Foreign Agricultural Service Frank K. Nti   International Agricultural Trade Report Executive Summary Global fertilizer prices are at near record levels and may remain elevated throughout 2022 and beyond. Fertilizer prices account for nearly one-fifth of U.S. farm cash costs, with an even greater share for corn […]