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Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test
Palestinian media: Reports of stabbing operation in occupied al-Quds.
Israeli media: Sirens blare in Arava in South, near Ramon Airport.
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country

Tesla, SpaceX face ‘inflation pressure’ in raw materials: Musk

  • By Al Mayadeen Net
  • Source: Agencies
  • 14 Mar 2022 09:25
2 Min Read

Elon Musk affirms that SpaceX and Tesla are not the only firms that are facing inflationary pressures in raw materials and logistics.

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  • Tesla & SpaceX are seeing significant recent inflation pressure in raw materials & logistics
    Tesla & SpaceX are seeing significant recent inflation pressure in raw materials & logistics

Elon Musk, CEO of SpaceX and Tesla, claims that his companies are facing inflationary pressures in raw materials and logistics.

"What are your thoughts on the likely inflation rate over the next few years?" Musk asked on Twitter, adding, "Tesla & SpaceX are seeing significant recent inflation pressure in raw materials & logistics."

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Tesla & SpaceX are seeing significant recent inflation pressure in raw materials & logistics

— Elon Musk (@elonmusk) March 14, 2022

The billionaire stated that his companies are not alone in this regard and posted a link to a Financial Times article published in early March, which stated that the S&P GSCI index (formerly the Goldman Sachs Commodity Index - a broad barometer for the price of global raw materials and a leading measure of general price movements and inflation in the global economy) was at its highest level since 2008 and was on track for the sharpest rise in more than 50 years.

Sanctions imposed on Russia as a result of its military operation in Ukraine have had an impact on oil and gas prices. It is worth mentioning that Russia is one of the world's major energy suppliers.

Earlier this month, French economist Jacques Sapir, who heads the EHESS School in Paris, told Sputnik that volatile European markets are on the verge of failure and inflation, though panic is not yet visible. Sapir predicted a "spectacular" increase in raw material prices because the supply is largely Russian.

  • Elon Musk
  • Tesla
  • Space X
  • inflation
  • Russia sanctions
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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