Prices Soar as Corporate Profiteers & Speculators Drive Inflation; It Hurts the Developing World Most
The U.S. Labor Department said Tuesday inflation in the United States rose to 8.5% in March — the highest in four decades. Meanwhile, Oxfam is warning over 260 million people around the world could be pushed into extreme poverty by the end of year due to the pandemic and rising energy and food costs.