Wolf Street: Smaller companies too: Boots-on-the-ground view of surging costs in the roofing manufacturing industry. The Fed will brush it off as “temporary,” but the inflationary mindset has set in.
“And there shall arise after them seven years of famine; and all the plenty shall be forgotten in the land of Egypt; and the famine shall consume the land.” Genesis 41:30
Big companies, such as Procter & Gamble, have used their earnings calls to prepare investors, customers, and consumers for what is coming: Surging input costs are creating hefty margin pressures, and companies are confident they can regain their margins by passing on those surging costs by implementing large price increases. Smaller companies face the same scenario of surging input cost and margin pressures. Read More
Arutz Sheva: In order to keep the coronavirus infection rate low and allow the continued loosening of restrictions next week, Israel’s Health Ministry will on Tuesday bring for a government vote a new strategy regarding Israel’s borders.
“If a ruler listens to falsehood, all his officials will be wicked.” Proverbs 20:12″
According to a Health Ministry statement, the new strategy will tighten Israel’s borders while allowing widescale reopening within Israel. This is in order to preserve the low infection rate within Israel as much as possible, while at the same time preventing the entry of new infections and coronavirus variants from outside Israel.
Health Minister Yuli Edelstein (Likud) has approved the recommendations of Health Ministry professionals, and the recommendations will be presented to the government for approval, the statement added. Read More
WND: The image of President Biden as one of the lone world leaders wearing a mask during an online global summit illustrates that the White House policy on the issue is mere “theater,” discouraging people from getting vaccinated, contends U.S. Sen. Rand Paul, R-Ky.
Insisting it’s unnecessary for fully vaccinated people to wear masks in public, Paul questioned why Biden wore a mask, unlike other leaders such as German Canadian Prime Minister Justin Trudeau, German Chancellor Angela Merkel and Russian President Vladimir Putin.
The fact-checker Politifact argued that photos from the State Department show officials were in the room with Biden at various times, including Secretary of State Antony Blinken, Special Presidential Envoy for Climate John Kerry and Treasury Secretary Janet Yellen.
But Paul was talking about a general policy, and those officials presumably were vaccinated as well.
“If I want to go visit the White House, Republicans and Democrats who go visit, even though they’ve all been vaccinated or had the disease, they’re being tested with a deep sinus test,” Paul said in a Fox News interview.
“And they’re being told to wear the N95 masks to go in the White House, even though they’ve all been vaccinated,” he said. Read More
To create an excuse to cancel the PA elections, Fatah has set two preconditions Israel can’t possibly agree to:
Imprisoned terrorists should be allowed to vote
Voting should also take place in Jerusalem
” … And no survivor shall remain of the house of Esau,” For the Lord has spoken Obadiah 1:18
Fatah, the party of Palestinian Authority Chairman Mahmoud Abbas, has laid the foundation stones to cancel the first Palestinian elections to be held in over 15 years. Read More
Jason Rantz of KTTH radio in Seattle reports that the police brain drain continues apace with 66 cops giving notice of their leave so far. A total of 100 police officers are expected to flee the approximately 1,200-person force by the end of May. Rantz says that several sources verified the numbers, although the city of Seattle hasn’t yet officially divulged them.
“In those days there was no king in Israel. Everyone did what was right in his own eyes.” Judges 17:6
Though the city has not yet officially released staffing numbers, officials have expressed significant concern publicly and privately about the staffing situation. The city does not have enough officers to safely protect our neighborhoods or respond to emergencies.
In 2020, 193 officers officially left the SPD. That is a historic number, one that came after nearly a year of relentless attacks from the Seattle City Council and radical activists.
LifeSite News: Ursula von der Leyen, the president of the European Commission (EC), has announced that travellers coming from the United States will need proof of vaccination in order to visit Europe, as von der Leyen continues her push for vaccine passports, despite a recent ruling from the Council of Europe that they are a violation of human rights.
“He causes all, both small and great, both rich and poor, both free and slave, to receive a mark on their right hand or on their forehead” Rev 13:16.
In a Sunday interview with the New York Times, von der Leyen revealed that she envisaged vaccine passports being the key which would unlock travel to Europe for Americans.
“The Americans, as far as I can see, use European Medicines Agency-approved [EMA] vaccines,” she said. “This will enable free movement and the travel to the European Union.”
PJ Media: The Centers for Disease Control and Prevention (CDC) reports that at least 8 million Americans who received their first dose of the coronavirus vaccine have failed to return for the second dose. Both the Moderna and Pfizer vaccines require two doses about a month apart for the full immunological effects to take hold.
“And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword, and with hunger, and with death, and with the beasts of the earth.”Revelation 6:7-8
About 8 percent of people are not taking their second dose, double what the rate was in February. Then, the cause was a limited supply that created bottlenecks in some regions of the country. But public health authorities are concerned because while one dose of vaccine offers some protection, two doses are needed to create a robust immune response to protect the body from one of several variants of COVID-19 that have been discovered in other countries.
Mounting evidence collected in trials and from real-world immunization campaigns points to the peril of people skipping their second doses. Compared with the two-dose regimen, a single shot triggers a weaker immune response and may leave recipients more susceptible to dangerous virus variants. And even though a single dose provides partial protection against Covid, it’s not clear how long that protection will last.
“I’m very worried, because you need that second dose,” said Dr. Paul Offit, a professor at the University of Pennsylvania and a member of the Food and Drug Administration’s vaccine advisory panel.
One part of the solution is to give people a vaccine that only requires one dose.
The stakes are high because there is only one vaccine authorized in the United States that is given as a single shot. The use of that vaccine, made by Johnson & Johnson, was paused this month after it was linked to a very rare but serious side effect involving blood clotting. Federal health officials on Friday recommended restarting use of the vaccine, but the combination of the safety scare and ongoing production problems is likely to make that vaccine a viable option for fewer people.
MSN: Corn, wheat, soybeans, vegetable oils: A small handful of commodities form the backbone of much of the world’s diet and they’re dramatically more expensive, flashing alarm signals for global shopping budgets.
“Go to now, ye rich men, weep and howl for your miseries that shall come upon you. 2 Your riches are corrupted, and your garments are motheaten.” James 5:1-2
This week, the Bloomberg Agriculture Spot Index — which tracks key farm products — surged the most in almost nine years, driven by a rally in crop futures. With global food prices already at the highest since mid-2014, this latest jump is being closely watched because staple crops are a ubiquitous influence on grocery shelves — from bread and pizza dough to meat and even soda.
Soaring raw material prices have broad repercussions for households and businesses, and threaten a world economy trying to recover from the damage of the coronavirus pandemic. They help fuel food inflation, bringing more pain for families that are already grappling with financial pressure from the loss of jobs or incomes.
For central banks, a spike in prices at a time of weak growth creates an unwelcome policy choice and could limit their ability to loosen policy.
