Glad to see she's still grieving.

shameful doesn’t begin to describe this. free link.

afghan refugees to congo or taliban

Iran war economy chaos with oil prices affecting soap sponsor . . .

Procter & Gamble warns of $1 billion profit hit in fiscal 2027 from higher oil prices

https://www.reuters.com/business/energy/pg-tops-estimates-beauty-products-demand-flags-hit-higher-input-cost-2026-04-24/

April 24, 2026
4:02 AM PDT Updated

U.S. consumer goods giant Procter & Gamble (PG.N), opens new tab on Friday warned of a roughly $1 billion post-tax hit to its fiscal 2027 profit from surging oil prices, joining a host of global companies flagging significant ‌cost pressures from the Iran war.

The Pampers and Tide maker's estimated profit hit is among the highest outside of airlines, which rely heavily on oil for fuel.

"The noise, I would call it, from the commodity exposure is significant, as a billion dollars after tax is nothing to sneeze at from a headwind standpoint," said P&G finance chief Andre Schulten on a post-earnings call.

"We have a lot of work to do, to work through the supply chain side and the cost side."

The profit hit to P&G's ⁠fiscal year beginning July accounts for the impact of oil price jumping from $60 a barrel before the conflict to around $100 today on plastics and paper for packaging, as well as transportation charges, the company said.

"Inflation across food, energy, healthcare, and many other areas of spending has taken a toll on consumers and how they assess value. Recent geopolitical events have elevated this to a new level of concern," Schulten said.

P&G, whose total cost of goods sold in 2025 was $40.85 billion, also flagged a $150 million impact for the fourth quarter due to commodity-linked cost inflation, feedstock exposure and logistics disruption from the Middle East conflict.

Edited 1 hour ago1 hr by janea4old

Thanks, @janea4old , for the article!

I hear all the time from people who are concerned about how the war in Iran has affected our already fragile economy; and all I can say is, "Well, this is what the majority of you voted for!"

https://www.reuters.com/world/asia-pacific/warning-higher-condom-prices-goes-viral-china-stokes-stockpiling-talk-2026-04-23/

World's top condom maker Karex to raise prices sharply as Iran war strains supply chain

Updated April 21, 2026 (Reuters)

Malaysia's Karex Bhd, the world's top condom producer, plans to raise prices by 20% to 30% and possibly further if supply chain disruptions drag on due to the Iran war, its chief executive said on Tuesday.

Karex is also seeing a surge in condom demand as rising freight costs and shipping delays have left many of its customers with lower stockpiles than usual, CEO Goh Miah Kiat told Reuters in an interview.

"The situation is definitely very fragile, prices are expensive... We have no choice but to transfer the costs right now to the customers," Goh said.

Karex produces over 5 billion condoms annually and is a supplier to leading brands like Durex and Trojan, as well as state health systems such as Britain's NHS and global aid programmes run by the United Nations.

Since the conflict began in late February, Karex has seen costs increase for everything from synthetic rubber and nitrile used in manufacturing condoms to packaging materials and lubricants such as aluminium foils and silicone oil, Goh said.

He said Karex has enough supplies for the next few months and is looking to boost output to meet growing demand, as global stockpiles of condoms have dropped significantly following deep spending cuts in ⁠foreign aid, particularly by the U.S. Agency for International Development last year.

Demand for condoms has risen about 30% this year, with shipping disruptions further exacerbating shortages, he said.

Karex's shipments to destinations such as Europe and the United States are now taking close to two months to arrive, compared to a month previously.

"We're seeing a lot more condoms actually sitting on vessels that have not arrived at their destination but are highly required," Goh said, adding that a lot of developing countries do not have enough stock because it takes time for the products to reach them.

Edited 55 minutes ago55 min by janea4old