Commodity prices may rise if Gaza conflict spreads, says WB
Tuesday, 31 October 2023 The World Bank has warned that an escalation of the conflict in Gaza and its spread to other parts of West Asia could lead to a significant increase in commodity prices, especially oil. The report suggests that oil prices could rise by as much as 75% if global supply decreased by 6-8%. This could also impact food supply and increase the prices of industrial metals and gold. However, the report also highlights that recent conflicts in the region have resulted in less severe and short-lived price spikes due to the availability of supply from other sources.
US-China , Trade War Escalates, , Potentially Driving Up EV Prices.
Prices for electric vehicles (EVs) in the United States may surge higher as a result of China's new export controls
on graphite, an..
Credit: Wibbitz Top Stories Duration: 01:31Published
The Cost of an Average US Home , Is About $40,000 Higher , Than Average Income .
According to a recent Redfin report,
homebuyers in the U.S. need to earn approximately
$115,000 a year in order to..
Credit: Wibbitz Top Stories Duration: 01:31Published
Netflix , Is Raising Its Prices Again.
Netflix intends to increase its prices in
"several markets globally" a "few months"
after the SAG-AFTRA strike ends, according
to a report by 'The Wall Street..
Credit: Wibbitz Top Stories Duration: 01:31Published
Tuesday, 31 October 2023
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