😛 #TheWorldsLargestCondomProducer Karex has announced a price hike of 30% or more on condoms.
📉 The Iran-U.S. conflict has caused a blockade in the Strait of Hormuz, impacting global trade flows.
🛢️ The shortage of materials needed to produce condos, like rubber, ammonium, and silicon oil, is a major issue.
📈 The interesting thing is that during this uncertain period, demand for condos has surged by up to 30%.
🗣️ "In times of uncertainty, nobody wants to take on new projects; it’s not easy to squeeze out another profit, but once this chaos settles down, we’ll be good to go,” says the CEO of Karex.
✈️ The impact of this war extends beyond just condos; airplane ticket prices, energy costs, helium for computer chip production, and food prices have all skyrocketed.
🤔 How much longer will the war impact the global economy? Share your thoughts below. 👇
