FRANKFURT—The influx of Ukrainian refugees into the European Union could gradually ease labor shortages in the eurozone as some of those fleeing the war are likely to settle permanently, the European Central Bank said on Monday. Around seven million people, mostly women and children, have fled Ukraine so far since Russia launched its invasion on…
Ukrainian Refugee Influx Could Ease Eurozone Labor Shortage: ECB
June 20, 2022
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Business & MarketscrisisECBeconomic policieseconomyEuropeeurozonelaborMarketsrefugeeRussia-Ukraine WarshortageUkrainianWorld
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Over 90,000 Tins of Baby Formula Arrive in United States From Australia Amid Shortages
Roughly 95,000 tins of baby formula were flown into the United States from Australia on June 12 amid a nationwide shortage, marking the fourth flight as part of “Operation Fly Formula.” Bubs Australia Ltd said in May that it planned to ship at least 1.25 million cans of its baby formula to the United States in an effort to alleviate supply issues. The…
Over 90,000 Cans of Baby Formula Arrive in United States From Australia Amid Shortages
Roughly 95,000 cans of baby formula were flown into the United States from Australia on June 12 amid a nationwide shortage, marking the fourth flight of “Operation Fly Formula.” Bubs Australia Ltd said in May that it planned to ship at least 1.25 million containers of its baby formula to the United States in an effort to alleviate supply issues. The New South…
Over 90,000 Cans of Baby Formula Arrive in US From Australia Amid Shortages
Roughly 95,000 cans of baby formula were flown into the United States from Australia on June 12 amid a nationwide shortage, marking the fourth flight of “Operation Fly Formula.” Bubs Australia Ltd stated in May that it planned to ship at least 1.25 million containers of its baby formula to the United States in an effort to alleviate supply issues. The New South…
Sriracha Hot Sauce Maker Warns of Shortage
June 11, 2022
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Business & MarketsCompanieseconomyHot SauceLocal NewsRegional-Local NewsshortageSouthern CaliforniaSrirachaUS
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IRWINDALE, Calif.—Bottles of the popular Sriracha hot sauce could be hard to find on store shelves this summer. Southern California-based Huy Fong Inc., told customers in an email earlier this year that it would suspend sales of its famous spicy sauce over the summer due to a shortage of chili peppers. The company said in…
Australia’s Lettuce Shortage Prompts KFC to Put Cabbage on Sandwiches
A shortage of lettuce across Australia has prompted fast food restaurant KFC to switch up its menu and put cabbage in its chicken sandwiches and wraps. KFC Australia said the move was due to a shortage of lettuce following recent floods in New South Wales and Queensland and noted that it would continue to use a mixture…
Bubs Australia to Ship at Least 1.25 Million Baby Formula Cans to United States
Bubs Australia Ltd plans to ship at least 1.25 million cans of its baby formula to the United States to help ease a nationwide shortage, the U.S. Food and Drug Administration (FDA) said on Friday. Some of it is currently in stock for transport and more will be produced by the Australian company in the…
Fertiliser Maker Yara Says World Faces Extreme Food Supply Shock
May 27, 2022
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Business & EconomyCompanieseconomic policieseconomyEuropefood supplyInternationalMarketsRussia-Ukraine WarshortageWorldYara
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DAVOS, Switzerland—Norwegian fertilizer giant Yara says donors urgently need to close the U.N.’s $10 billion food program funding gap to avoid a catastrophe as sanctions on Russian fertilizers and Ukraine’s grain export problems have created an extreme global shock. “The world has realized that food can be a weapon and it is being currently used,”…
Health Canada Watching ‘Potential’ Impact of Sunflower Oil Shortage on Baby Formula
Health Canada says it is preparing for the possibility that a shortage of sunflower oil could further strain baby formula supplies in Canada. The federal agency says it’s “working closely with manufacturers” that rely on sunflower oil as a key ingredient to produce formula that still meets Canadian standards. That includes efforts to speed up…
White House Announces First ‘Operation Fly Formula’ Flights From Europe
The White House announced Thursday the first flights from Europe carrying 246 pallets of much-needed baby formula amid the nation’s shortage crisis. In the coming days, priority shipments of three hypoallergenic formulas for children with cow’s milk protein allergy will be transported by air as part of Operation Fly Formula. The Nestlé formulas will be…
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