Daily Archives: October 8, 2024

(Church Times) UK experiencing record levels of hunger and hardship, says Trussell Trust

More than nine million people in the UK are experiencing “hunger and hardship”: a situation in which events such as job loss or an unexpected bill necessitate foodbank use, the Trussell Trust reports.

The charity’s interim report, The Cost of Hunger and Hardship, was published on Wednesday. It is based on analysis of government data carried out by WPI and the Centre for Social Policy Studies. A final report on the project, which seeks to explore the full scale of the need for emergency food in the UK, is due to be published in the spring of 2025.

The findings suggest that a record 9.3 million people in the UK, including three million children, are facing hunger and hardship — a measure created by the Trussell Trust, which has a network of more than 1400 foodbanks.

This figure has increased by one million since 2019, the report says. A further 425,000 people are projected to face this situation in the next three years.

Read it all.

Posted in Dieting/Food/Nutrition, England / UK, Hunger/Malnutrition

(PRC) Prices are up in all U.S. metro areas, but some much more than others

Inflation in the United States is down significantly from its recent highs, falling from an annual rate of 9.1% in June 2022 to 2.5% in August 2024. But actual prices remain elevated and, absent a recession, are likely to stay that way.

On average, consumer prices in August 2024 were 22.0% above where they were in January 2020, before the COVID-19 pandemic scrambled the U.S. economy and much of the rest of American life. Today, 74% of Americans say they are very concerned about the price of food and consumer goods, while 69% say the same about housing costs, according to a recent Pew Research Center survey.

Of course, people don’t live on national averages. They live in particular places and buy particular things, and their experiences of inflation depend greatly on those particulars. The cost of apartments in Atlanta, bananas in Boston and sportswear in Seattle all factor into the national average inflation rate but can – and do – vary considerably from it….

Read it all.

Posted in * Economics, Politics, America/U.S.A., Consumer/consumer spending, Economy, Personal Finance, Urban/City Life and Issues

(WSJ) One Year After Oct. 7, Israel Sees a Future at War

One year after the brutal Hamas attack that ended Israel’s two-decade golden age of relative peace, expanding wealth and growing diplomatic ties, the country is now firmly on the counterattack and preparing to be at war for years.

Weathering a ferocious Iranian missile assault in recent days and shaking off calls from allies for a cease-fire in Gaza, Israel is instead opening new theaters of fighting.

It launched a stunning series of attacks against the Lebanese militia Hezbollah in Lebanon in recent weeks, while simultaneously targeting Houthi rebels in Yemen, rooting out militancy in the occupied West Bank and mapping out its next steps against Iran, the architect of a so-called axis of resistance that includes U.S.-designated terrorist groups bent on destroying Israel.

The campaign marks an aggressive shift in Israel’s security posture. 

Read it all.

Posted in Foreign Relations, Iran, Israel, Jordan, Lebanon, Middle East, Military / Armed Forces, Terrorism

(Reason) The nation’s public pension systems had $1.59 trillion in total unfunded liabilities at the end of 2023

Public pension systems in the U.S. have seen a significant increase in unfunded liabilities, particularly during the Great Recession. Between 2007 and 2010, unfunded liabilities grew by over $1.11 trillion—a 632% increase—reflecting the financial challenges faced during that period. Despite some improvements in funding ratios over the last decade, these liabilities have continued to rise, underscoring ongoing financial pressures.

As of the end of the 2023 fiscal year for each public pension system, total unfunded public pension liabilities (UAL) reached $1.59 trillion, with state pension plans carrying the majority of the debt.

The median funded ratio of public pension plans stood at 76% at the end of 2023, but stress tests suggest that another economic downturn could significantly increase unfunded liabilities, potentially raising the total to $2.71 trillion by 2025.

Read it all.

Posted in * Economics, Politics, Aging / the Elderly, Economy, Pensions

(Unherd) Malcolm Kekyune–Hurricane Helene is America’s Chernobyl moment–The tragedy exposes the weakness of the US military

Currently, a hurricane disaster that is significantly more challenging than Katrina is being serviced by something like a third of the resources that Louisiana called upon. And yet few people in Washington even think this is a problem. At the same time as Congress has borrowed another 10 or 20 billion dollars to hand over to Ukraine and Israel, presidential candidate Kamala Harris has announced that the victims of Helene will be able to apply for $750 in relief assistance to help them get back on their feet.

As Chernobyl was, Helene is now becoming: a point at which the sheer absurdity and uselessness of the machine becomes too obvious to ignore. Looking at the disaster unfolding in Appalachia, the winners of the Cold War are now starting to ask the same question that eventually brought down the Soviet Union: what the hell is even the point of all of this anymore?

Read it all.

Posted in America/U.S.A., Natural Disasters: Earthquakes, Tornadoes, Hurricanes, etc.

A Prayer for Today from Christina Rossetti

O Lord, because we often sin and have to ask for pardon, help us to forgive as we would be forgiven; neither mentioning old offences committed against us, nor dwelling upon them in thought; but loving our brother freely as thou freely lovest us; for thy name’s sake.

Posted in Spirituality/Prayer

From the Morning Bible Readings

The word of the Lord that came to Micah of M′resheth in the days of Jotham, Ahaz, and Hezekiah, kings of Judah, which he saw concerning Samar′ia and Jerusalem.

Hear, you peoples, all of you;
hearken, O earth, and all that is in it;
and let the Lord God be a witness against you,
the Lord from his holy temple.
For behold, the Lord is coming forth out of his place,
and will come down and tread upon the high places of the earth.
And the mountains will melt under him
and the valleys will be cleft,
like wax before the fire,
like waters poured down a steep place.
All this is for the transgression of Jacob
and for the sins of the house of Israel.
What is the transgression of Jacob?
Is it not Samar′ia?
And what is the sin of the house of Judah?
Is it not Jerusalem?

–Micah 1:1-9

Posted in Theology: Scripture