Daily Dispatches

By Emiko Terazono
Financial Times, London
Thursday, June 3, 2021

Global food prices surged by the biggest margin in a decade in May as one closely watched index jumped 40 percent, raising fears of further food inflation later in the year.

The year-on-year leap in the U.N. Food and Agriculture Organization's monthly food price index was the largest since 2011 and signalled that inflation initially stoked by pandemic disruption is accelerating.

... Dispatch continues below ...

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9:38p ET Wednesday, June 2, 2021

Dear Friend of GATA and Gold:

The U.S. Mint today issued to its customers what it called a "clarification" regarding its May 28 statement --

https://gata.org/node/21191

-- citing a "global silver shortage" as the cause of the mint's suspending orders for new silver coins.

But today's statement was more like an obfuscation than a clarification.

By Tracy Hu and Rebecca Isjwara
S&P Global, New York
Monday, May 31, 2021

The Indonesian government's plan to launch a blockchain-based, precious metals-backed payments and savings platform outside the banking system will likely drive financial inclusion further in a country where about 51% of adults, or 95 million citizens, are unbanked.

By Michael Stott
Financial Times, London
Tuesday, June 1, 2021

Ravaged by one of the world's worst coronavirus outbreaks, wracked by political turmoil, scarred by corruption scandals and blighted by worsening poverty, Peru will choose its fourth president in under a year on June 6.

Described by many observers as a choice between the lesser of two evils, the second-round run-off election pits Pedro Castillo, a rural primary school teacher turned hard-left populist, against Keiko Fujimori, the widely disliked scion of an authoritarian president who ruled in the 1990s.