The Paradigm Shift Channel
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Topics covered are Geopolitics, Energy, USD Reserve Currency Status, Food Security, CBDC's, Cyber Attacks, Gold/Silver markets. Welcome to The Paradigm Shift Channel. Leave a comment in https://t.me/TheParadigmShiftGroupChat
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New Zealand's third largest internet provider Vocus NZ said on Friday its response to a cyberattack temporary triggered a widespread internet outage. The company said its systems blocked a denial of service (DDoS) attack on one user but in doing so caused some Vocus customers in the country's largest cities - Auckland, Wellington and Christchurch - to suffer outages.

https://www.msn.com/en-us/news/technology/vocus-says-its-response-to-a-cyberattack-temporarily-triggered-nz-internet-outages/ar-AAO2Rtv?pfr=1
Eurostar Commodities said that prices for the 2021 durum wheat harvest have almost doubled on last year. The crisis has been triggered by a worsening situation in major durum wheat producer Canada, where the crop forecast has been revised down by more than one-third from five million tonnes to only 3.4 million tonnes. https://www.talkingretail.com/news/industry-news/pasta-supplies-under-threat-after-poor-durum-wheat-harvest-10-09-2021/
Factory-gate price inflation in China remained high in August, rising to the highest level in 13 years. "Industrial product price hikes also accelerated both compared with last month and last year in August, affected by rising prices of products such as coal, chemicals and steel." https://www.msn.com/en-xl/money/topstories/chinas-commodity-prices-push-factory-gate-inflation-to-rise-at-fastest-pace-in-13-years/ar-AAOeWu2
Boris Johnson is set to delay the introduction of some post-Brexit checks on EU imports amid fears they could cause food shortages over the Christmas period, it was claimed today. The UK is supposed to be introducing a fresh wave of checks and requirements on imports of animal origin and certain foods from next month. But the roll-out could now be pushed back by six months in what would be the second time the checks have been delayed. https://www.msn.com/en-gb/money/other/boris-johnson-will-delay-imposing-checks-on-eu-imports-to-uk/ar-AAOoJPX?pfr=1
The sale of farmers' 2021 second corn crop in Brazil reached 70.1% of the estimated output, up from 62.6% at this time last year, Corn, used as livestock feed, is on high demand in Brazil, home to some of the world's largest pork and poultry processors. This year, planting delays followed by a drought and an ill-timed frost slashed Brazil's overall corn output, raising internal prices, increasing the need to import and reducing Brazil's export prospects. https://www.nasdaq.com/articles/brazil-farmers-sell-more-of-their-2021-second-corn-crop-as-demand-rises-safras-2021-09-13
South Africa’s recently announced trial of central bank digital currencies (CBDCs) for cross-border payments could motivate other financial institutions around the world to work towards using the technology. The initiative, dubbed Project Dunbar, will develop platforms for cross-border transactions using CBDCs, enabling financial institutions to transact directly with each other in the digital currencies issued by central banks, and eliminating the need for intermediaries, as well as reducing the time and cost of transactions. https://www.msn.com/en-us/news/world/south-africa-is-testing-central-bank-digital-currencies/ar-AAOomUh?pfr=1
Plant-based protein manufacturers, like Beyond Meat and Impossible Foods, view chicken supply chain shortages throughout the U.S. as an opportunity. The two companies both recently introduced plant-based chicken nugget substitutes into retail and foodservice. The timing may seem coincidental, but Beyond Meat told CNBC that the new chicken tenders will reach menus at the same time that restaurants experienced both shortages and price hikes for poultry products. https://www.wattagnet.com/blogs/51-poultry-tech-trends/post/43567-meat-alternatives-seize-opening-left-by-chicken-shortages
Germany wholesale prices grew at the fastest pace since 1974 in August amid sharp increases in raw material and intermediate product prices, Destatis reported Monday. Wholesale prices increased 12.3 percent on a yearly basis, following July's 11.3 percent in July. This was the strongest growth since October 1974, when prices were up 13.2 percent in the wake of the first oil crisis. https://markets.businessinsider.com/news/interestrates/germany-wholesale-price-inflation-strongest-since-1974-1030794855
UK inflation hit a nine-year high in August as the economy reopened, with food and fuel prices climbing sharply, the country's Office for National Statistics said. Year-on-year consumer price index inflation came in at 3.2% in August, the fastest rate since March 2012, after slowing to 2% in July. https://www.msn.com/en-us/money/markets/uk-inflation-surges-to-nine-year-high-of-32-25-in-august-as-food-and-fuel-prices-jump/ar-AAOscZZ?pfr=1
56 cargo ships were stuck at anchor or in drift areas off of Los Angeles and Long Beach ports. The ports are currently dealing with 140 total ship in the ports, including 87 freighters, according to the Marine Exchange of Southern California. The queue is a result of COVID-19-related disruptions, and holiday-buying surges, paired with a national labor shortage. Port of Los Angeles data indicates that ships' average wait times have increased to 8.5 days. https://www.msn.com/en-us/money/markets/an-all-time-high-of-56-cargo-ships-are-stuck-waiting-off-the-california-coast-as-shipping-ports-hit-their-4th-record-backup-in-three-weeks/ar-AANTZ9J
Hungry families are taking a hit as lorry driver shortages are leaving the UK’s largest food bank charity at risk of losing nearly a third of its daily food supply. FareShare, the UK’s biggest food-bank network, said it is losing out on around 30 per cent of the food it normally receives each day due to the issues affecting the haulage industry. https://inews.co.uk/news/hgv-driver-shortage-food-bank-uk-charity-daily-lorry-supplies-1199957?ito=twitter_share_article-top
Spot propane prices at Mont Belvieu, Texas, have reached their highest levels since 2014 ahead of the winter season on fears of low inventory. Energy inflation could be problematic for commercial and residential users of the fuel that heats building structures and powers vehicles, gas grills, patio heaters, generators, among many other uses.
https://www.eia.gov/dnav/pet/hist/eer_epllpa_pf4_y44mb_dpgW.htm
https://www.zerohedge.com/commodities/propane-prices-soar-inventory-concerns-mount-ahead-winter
Fertilizer producer CF Industries Holdings Inc halted two fertilizer plants in the UK. CF Industries Holdings, a top manufacturer of hydrogen and nitrogen products said the manufacturing facilities suspended operations "due to high natural gas prices." https://www.zerohedge.com/commodities/major-uk-fertilizer-plants-shuttered-due-skyrocketing-natural-gas-prices