29th September 2022
Economy

ECB Head Alerts on Europe’s Economic Outlook Amid Inflation

The outlook for the euro area economy – Hearing of the Committee on Economic and Monetary Affairs of the European Parliament The euro area economy grew by 0.8 per cent in the second quarter of 2022, mainly owing to strong consumer spending on services as the economy reopened. Economies with large tourism sectors benefited especially, […]

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Controlled Environment Agriculture Economy

Current Events Could Constitute a Turning Point For Indoor Ag

The Author, Michelle Klieger is the founder of Stratagerm Consulting, an agricultural and business consulting firm. She has worked in the food and agriculture sector for over a decade. As an economist and a business consultant, she works with the global seed industry, agtech companies, conventional and non-conventional agriculture firms, and philanthropic foundations. Her work […]

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Americas Corporate Economy

Why 2022 is Strengthening The Case For AgTech Solutions?

Why 2022 is strengthening the case for AgTech Far from being an isolated event, the pandemic has simply served as a taster to what has since prevailed, triggering a chain of events which has caused more damage on an already weakened global economy and further threatened a fragile food system. Can AgTech provide an all-encompassing […]

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Economy

US CPI Inflation Rate Higher Than Expected, Interest Rate Hikes To Continue

The United States Consumer Price Index for All Urban Consumers (US CPI-U) rose 0.1 percent in August on a seasonally adjusted basis after being unchanged in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.3 percent before seasonal adjustment. Increases in the shelter, food, […]

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Corporate Economy Urban Farming

Agriplay Ventures To Participate In THRIVE Global Academy

Agriplay Ventures Inc. is selected to participate for its unique and innovative technology and potential to disrupt the agrifood industry with SVG Ventures’ THRIVE Global Academy. The Calgary-based elevated urban farming company has been accepted to participate in the 12-week agrifood program further enabling its ability to collaborate and continue to move its business forward. […]

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Americas Economy

US Inflation Falls to 8.5% But Food Rises 1.1%

The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment. The gasoline index fell 7.7 percent in July […]

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Economy EMEA Finance

New UAE MoU To Support Agricultural SMEs

The Ministry of Climate Change and Environment (MoCCAE) and Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, announced in a recent press release the signing of a Memorandum of Understanding (MoU) to set up a scheme and offer financial solutions to state-of-the-art agricultural SMEs and start-ups […]

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Controlled Environment Agriculture Economy EMEA

Vertical Farming in The Middle-East: A Promising Future

Over the past few months, vertical farming in the middle east has expanded exponentially, with record-breaking funding rounds, an increasing number of partnerships, expansion announcements, and government-related investments. Given the environmental conditions (Arable land is scarce, harsh weather, and access to water is hard), most countries in the GCC region import more than 90% of […]

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Corporate Economy

Food Index Increased by 1.0% in June

Driven by exponential energy prices, The Consumer Price Index for all urban consumers increased by 1.3% in June, after rising by 1.0% in May as reported by the U.S. Bureau of Labor Statistics. The energy index rose by 7.5 % over the month of June, representing half of all the items increase (The gasoline index […]

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Controlled Environment Agriculture Economy Environment

UK Government Funds Green Technology Development

Projects across the UK will benefit from a share of over £54 million to develop technologies that remove carbon emissions from the atmosphere, which includes but is not restricted to, vertical farming technologies.  As per a recent statement, a total of 15 projects right across the UK, from Edinburgh to Exeter, Swindon to Sheffield, will […]

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