Saturday, September 13, 2025

Latest

Emmanuel Macron Proposes Food Stamps in Face of Surging Food Inflation

With European consumer prices sitting at the highest on record, French President Emmanuel Macron is proposing food stamps to help less-fortunate households ride out surging grocery prices in wake of the Russia-Ukraine conflict.

Macron, who is currently running a campaign for re-election next month, attempted to score some brownie points with French citizens, and announced that he is considering handing out special cheques to low-income households to compensate for surging food costs.

Europe, which currently saw annual inflation soar to a record 5.9% in February, is bracing for food and energy shortages amid the escalating conflict between Russia and Ukraine. During his interview on France Bleu radio, Macron warned that a global food crisis could ensue if Europe’s bread basket continues to sink deeper into war, and energy prices continue to skyrocket.


Information for this briefing was found via Reuters, Twitter, and Eurostat. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Russia Braces For Price Hikes on Essentials of up to 40%

Consumers are bracing for a significant surge in food prices as Russian suppliers of essential...

Friday, August 16, 2024, 12:55:00 PM

Companies Widen Profits After Hiking Food Prices Faster Than Inflation

Some food companies are seeing their profit continue on an upward trend, much like the...

Wednesday, November 2, 2022, 11:13:39 AM

Macron Pushes EU Military Build-up Ahead of Trump Return

French President Emmanuel Macron urged European nations to boost their military capabilities on Monday, calling...

Friday, January 10, 2025, 03:50:00 PM

Cabinet Minister Boasts “Game-Changer” Grocery Rebate But It Seems Canadians Are Not That Excited

Minister of International Development Harjit Sajjan excitedly shared the rollout of the government’s grocery rebate,...

Thursday, July 6, 2023, 12:51:00 PM

Rising Food Costs And A Turkey Shortage Threaten This Year’s Thanksgiving Dinner

Thanksgiving will not be the same this year. On top of the rising costs of...

Sunday, November 6, 2022, 01:18:00 PM