Fight Child Protection Department Corruption: Calgary family claims daughter 'legally kidnapped' by Alberta's child services. Teenager Lexi Whyte sits with mother Jessica Taylor in a bedroom of their Calgary home.
Pros and cons of rising labor costs Chinadaily USA Strikingly, wages in China continued to increase during the 2009-11 period, even as other countries in the region felt the dampening impact of the global financial crisis.
Homeless Link has warned that welfare changes could increase the death toll this winter. Its report, ‘Severe Weather Responses’, found that last winter emergency homeless shelters played a vital role in preventing the deaths of many roug...
Shrimp prices are skyrocketing to all-time highs, amid a disease that's plaguing the three largest prawn producers: Thailand, China and Vietnam. White shrimp prices are nearing $6 a pound, up 56% from a year ago, according to an Urner Barry index.
Interestingly though, the Cadillac of crustaceans is cheaper than it's been in a long time. Lobster prices, while still a lot higher than shrimp, have fallen recently. But more about that later.
The world is facing an "acute shrimp shortage," the worst of its kind since industrial shrimp farming emerged, say Rabobank analysts in a report aptly named "Shrimp in a crimp."
Thailand is the world's largest shrimp producer and has been hit hardest by the disease. The country alone supplies about 30% of the tropical shrimp in the United States and the European Union, and is expected to see its supply cut in half this year.
Each year Americans eat an average of four pounds of shrimp per person, but consumption will probably drop in 2013, the Rabobank analysts say.
"After a decade of explosive growth, the global farmed shrimp industry has reached a turning point," they said.
Back in June, Darden Restaurants (DRI, Fortune 500), the parent company of Red Lobster, Olive Garden and other chains, noted higher food costs partly due to "shrimp supply disruptions" could cut into future sales. Seafood alone accounts for about a quarter of Darden's total cost of goods sold, of which shrimp is the most popular protein.
And the disease isn't the only thing pushing shrimp prices higher. In other news on the shrimp beat, the Commerce Department ruled Tuesday that China, Ecuador, India, Malaysia and Vietnam have all unfairly subsidized shrimp that's exported to the United States.
The ruling could lead the U.S. to enact duties on shrimp from some of those countries, leading to even higher shrimp prices.
It was welcomed by shrimpers in the Gulf Coast, who suffered setbacks from the BP oil spill three years ago and now struggle to compete with cheap shrimp farmed in Asia. American suppliers account for less than 10% of the shrimp consumed in the U.S.
Why lobster is so cheap
But back to lobsters. As of August, the average 4 oz. lobster tail cost $13.25, according to Urner Barry. That still costs more than 2 pounds of shrimp, but it's the lowest price in 11 years, as warmer water and fewer predators have led to an abundant supply of lobsters.
In fact, over-supply has become such a problem for Maine fisherman, the state recently approved a $2 million campaign to promote their lobsters both in the U.S. and abroad.
LeBron James' latest sneaker line will go where no Nike sneaker has ever gone before: above the $300 price point.
James debuted his new kicks in the Olympic's gold medal game, and now Nike has announced they can soon be yours for $315. For comparison, the LeBron 9s sold for only $170.
According to The Wall Street Journal, Nike attributes the price hike to rising labor costs in China and an increase in cotton prices. The kicks come with all the latest technology, including the Nike+ system, but it's hard to imagine what exactly necessitated a $145 price hike with this latest model.
We're just wondering then why they didn't just set the price at $305, given that James plays for the Heat and all...
Sharing your scoops to your social media accounts is a must to distribute your curated content. Not only will it drive traffic and leads through your content, but it will help show your expertise with your followers.
How to integrate my topics' content to my website?
Integrating your curated content to your website or blog will allow you to increase your website visitors’ engagement, boost SEO and acquire new visitors. By redirecting your social media traffic to your website, Scoop.it will also help you generate more qualified traffic and leads from your curation work.
Distributing your curated content through a newsletter is a great way to nurture and engage your email subscribers will developing your traffic and visibility.
Creating engaging newsletters with your curated content is really easy.