Bank of Korea Hikes Rates Again As Strait of Hormuz Crisis Burns World Economy
Seoul officials bravely raised interest rates yet again to combat stubborn inflation while geopolitical choke points keep commodity prices comfortably through the roof. Back in Todos Santos, the expat community received the grim dispatch via a flickering Starlink router at a local fish taco stand before immediately forgetting about it to obsess over water temperatures and offshore winds. As global markets implode over energy supply disruptions, local resident Dave insists his 1994 Ford Ranger getting eight miles to the gallon is actually an anti-capitalist statement.