ALERT: Major Crisis Looms As #Saudi's Miss Foreigners' Payrolls

Saudi Companies Unable to Pay Foreign Workers Salaries in Arrears

RYAD – Thousands of foreign workers in Saudi Arabia, most of them Asian, are in financial dire straits as large Saudi corporations are in arrears with their salaries, a crisis due to the freeze on many construction projects after the oil prices collapse.

One example would be the “Saudi Ogeh” company, whose employees have resorted in the past weeks to protest in front of the company’s HQ in Jeddah and provoked fires in their sleeping barracks and staff shuttle buses.

A Filipino worker, who identified himself as “Edward,” told EFE that “Saudi Ogeh” hadn’t paid them any wages for nine months and they had filed complaints both at the Saudi Ministry of Work and the Philippines’ embassy in Ryad.

“The embassy is trying to help us, but we ask our government and president to intervene as some of us have children and we need to pay their schooling and our debts back home,” he added with anxiety.

Due to the financial crisis “Saudi Ogeh” is immersed in, they cannot even process the documents required by workers enabling them to seek another job or return to their home countries, as they need the “authorization” of their employer to leave Saudi Arabia.

The Saudi Ministry of Work has tried to intermediate between the company and its workers, by offering them money, renewing their work visas or granting a travel visa to leave Saudi Arabia.

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Overpopulation Ultimately Leads To Global #Food Shortages

The Odds of a Global Food Crisis Are Rising

The vulnerability of global food production to extremes of weather is a profound reality that few grasp.

Given the current abundance of food globally, confidence in permanent food surpluses and low grain prices is high. Few worry that the present abundance of food could be temporary. But the global food supply is more fragile than we might think, despite historically low grain/agricultural commodity prices.

Both corn and wheat have plummeted in price due to current demand/supply:

Let's start with one salient fact: there are 7+ billion human mouths to feed now plus hundreds of millions of animals that are being fed grain to supply humanity's insatiable appetite for meat:

What few consumers grasp is that the global abundance of food depends on weather extremes remaining rare. If extremes of weather become commonplace, global food surpluses will turn into shortages.

In the larger context, the global food supply chain is a real-world system that cannot be "fixed" with financial gimmicks. No amount of money-printing will replace crops lost to weather extremes, replenish depleted fresh-water aquifers, magically rebuild top soil lost to erosion or repair the environmental ravages of industrial pollution.

oftwominds