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Inflation leading to poor mental health and food choices, new report

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It’s no secret that inflation is driving the cost of living to record highs

Inflation. Cost of Living and Bear Markets. These are some of the terms being used as the pandemic, war in Ukraine and global supply chain crunch hits consumers.

But as people feel the pinch at the supermarket and petrol bowser, researchers are showing grave concerns over the mental health impacts of rising costs.

It’s leading people to cheaper alternatives, like unhealthy food choices.

Research shows cost of living pressures can cause stress, fear or anger.

One in seven low income private renters in England will be unable to eat and heat their homes for one day per week.

With inflation on the rise, consumers are also bearing the brunt at the checkout.

Australian data shows the price fruit and vegetables has risen 6.7 per cent more than this time last year.

But takeaway foods only went up by 0.7 per cent.

It’s seeing people shift to more convenient, less expensive food choices. 

The data comes amid soaring inflation around the world. Scotland is reporting prices rising at their fastest rate in 40 years with fuel costs and food bills pushing up the cost of living.

Lawmakers are scrambling to ensure some economic relief. Germany is offering a 9 euro ticket for public transport each month.

Meanwhile, U.S. President Joe Biden will meet Saudi’s Crown Prince to combat record high gasoline prices.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Disney’s Drama

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What’s going on at Disney and why is the world’s largest entertainment company in trouble?

 
Dreams are a wish your heart makes, or at Disney, dreams are having a tough time of coming true.

After decades of turning children’s dreams into fantasies, the mouse-house is facing a crisis of leadership.

This Ticker Original looks at how the Walt Disney Company got here, and what happens next. #disney #bob iger

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The Tech Market Crash

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Since the Global Financial Crisis, tech companies have been riding high and making billions, so what happened?

 
It’s been a shocking year for tech companies. Riding high off the back of the pandemic, reality suddenly hit.

Across Silicon Valley, and spreading to Wall Street, the once darlings of the Nasdaq were suddenly hit hard.

So what happened, and where to from here?

This Ticker Original investigates. #snapchat #apple #tech stocks #nasdaq

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Shell delivers record 2022 profit

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Petrol company Shell has delivered a record $40 billion profit in 2022

It comes on the back of surging energy prices, and the war in Ukraine.

The company also reported a fourth-quarter profit of almost $10 billion, beating estimates.

The $40 billon in annual profit soared past the previous record of $31 billion in 2008.

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