eggflation noun [U]
/egˈfleɪ.ʃᵊn/
a significant increase in the price of eggs, normally because of higher production costs or shortages

So-called ‘eggflation’ – a phenomenon that’s seen the price of eggs rise by as much as 15% – is skyrocketing, with prices for the breakfast and baking essential scrambling to record highs. Factors range from bird flu outbreaks to rising production costs, but while some nations are grappling with a full-blown egg affordability crisis, others are getting off relatively lightly.
[lovemoney.com, 20 March 2025]

bi-globalization noun [U]
UK /ˌbaɪ.gləʊ.bᵊl.aɪˈzeɪ.ʃᵊn/ US /ˌbaɪ.gloʊ.bᵊl.əˈzeɪ.ʃᵊn/
a situation where the world economy is divided into two major centres of power rather than operating as a single global market

What’s ‘bi-globalization’ and could this be the near future for geo-economics and global trade? Geo-economic bi-globalization is underpinned by the logic of geopolitical competition and reflects structural changes in international power. The challenge now is to help manage coexistence in a situation of geo-economic competition.
[weforum.org, 19 December 2024]

negative wealth noun [U]
UK /ˌneg.ə.tɪv ˈwelθ/ US /ˌneg.ə.t̬ɪv ˈwelθ/
the situation where someone owes more money than the value of everything they own

Gen Z and young millennials are battling a “negative wealth” problem due to growing debt burdens that limit their life chances, according to a new analysis from the Fairness Foundation. The thinktank says negative wealth, where debts outweigh assets, is linked to lower wages and worse health in later life.
[theguardian.com, 5 April 2025]

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