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As the world continues to deal with the effects of a global pandemic, it's becoming clear that the effects on the economy won't be easy or quick to fix.
Even though the rate of inflation has slowed a bit in recent months, prices are still going up and up.

Many Americans' wallets are still being hurt by the high prices of essential goods and services.
For those of us who try to keep an ear to the ground and know what's going on, the effects of this inflation surge are clear as day. We can see for ourselves how hard it is for people and families to keep up with the rising costs of things like food, housing, and health care. It's sad to see how people's health, their ability to get basic needs, and even their mental health are affected by their lack of money.
One of the most troubling things about this situation is the fact that the rise in prices has made it much harder for many people to buy things. When wages and salaries stay the same but the cost of living goes up, it can cause a lot of financial stress and anxiety. People are having a hard time making ends meet, so it's not surprising that they are looking for new ways to adapt to the changes in the economy and stay afloat.
There is a sense of urgency about finding solutions to these problems because of the bad economy. People are doing things to try to lessen the effects of rising prices, like looking into different ways to work and cutting back on spending that isn't necessary. But for a lot of people, these solutions just aren't enough.
Americans are having a hard time making ends meet because the cost of living keeps going up and up. "Navigating a New Era of Financial Wellness," Bank of America's 12th annual Workplace Benefits Report, confirms that the cost of living for 71% of respondents is much higher than their salaries and wages.
The survey, which was done in February with 824 employees and 846 employers, showed that inflation is making people feel more and more worried.

inflation,interest rates,U.S. economy,economic issues,Americans Can't Keep Up With Inflation,Americans Feel So Poor,bank collapse,economic crisis,economic collapse,Bank Runs Have Begun,wells fargo broke,bank of america broke,Middle Class Can Not Long Afford,Middle Class crisis,federal reserve,US Middle Class,cost of living crisis,food shortages,grocery shortages,grocery prices,food inflation,empty shelves,food crisis
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The transition to green energy is crucial for the future health of the planet. But it requires vast amounts of copper. The growth in electric cars and renewable technologies in particular demand high volumes of the metal - which is often mined in South America, at a huge cost to the environment.

One of the most important raw materials for key technologies in the energy transition is copper. For years now, the metal’s price has been rising steadily, and has now reached unprecedented levels. Copper mines and copper production is a billion-dollar business. But what’s the impact on the climate?
Hamburg-based Aurubis is Europe’s largest copper producer. The company made more than 530 million Euros in pre-tax earnings in 2022. Despite the coronavirus pandemic, this was the best result in the company’s history. A global workforce of some 7,000 produce more than 1.2 million tons of copper. Aurubis derives the copper concentrates for its smelting furnaces from a range of countries. Chile is one of the biggest suppliers. Aurubis says it maintains high standards in the supply chains and points to a code of conduct that all cooperating companies must follow. Nevertheless, the mining process impacts negatively on local areas and communities.
The world’s largest open pit copper mine lies in the far north of the province of Chuquicamata. It’s located in the Atacama Desert, one of the driest places on Earth. The mine consumes vast volumes of water in an already arid location. People living in surrounding villages are now struggling with water shortages and water contaminated with heavy metals. One horrifying outcome is a cancer rate that’s up to six times higher than elsewhere in the country.
As the price of copper continues to go through the roof, there are those that say Germany should reopen its copper mines. It’s thought there could be 130 million tons of the metal in the Lusatia region. But can copper be mined in a way that’s kind to the environment? The answer to this question may be found in Canada. In the 1970s, the area surrounding the copper mines of Ontario was seen as the most polluted region in North America. But, following huge investment involving the introduction of modern technologies, Canada has succeeded in healing the landscape, planting new forests and getting pollutants out of the water supply. Copper is still mined here - these days in the greenest way possible. So, if clean copper mining is now an option, why is the Canadian example the exception to the rule?


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