A regulator detailed the latest increase in gas and electric charges, driven up by the war in Ukraine and expected to further stoke inflation.
Tag: Economic Conditions and Trends
Economic Neglect and Political Instability Unraveled Tunisia’s Democracy
Tensions across the religious-secular fault lines in the country could not be reconciled, and freely elected leaders failed to deliver on the 2011 uprising’s cry for bread, freedom and dignity.
Hungary’s Viktor Orban Faces a New Foe: Economics
The Hungarian leader is being confronted with soaring inflation and a depreciating currency linked to unsustainable spending by his government.
Britons Brace for More Hardship as Prices Soar Amid Inflation
Cutting back on meat. Choosing cheaper supermarket brands. Stockpiling soap. Soaring prices force more sacrifices.
Inflation Hits the British Breakfast Table With Rising Food Prices
From bread to butter to baked beans, a survey of typical breakfast items makes clear that there’s no relief from rising inflation for Britons when they sit down for their morning meal.
To Escape the War, Ukraine’s Factories Are Moving West
The government is working to save hundreds of businesses from Russian bombs, remaking western Ukraine into the country’s new economic heartland.
Germany’s €9 Monthly Train Pass Has Proved Popular (and a Pleasant Surprise)
To help offset inflation, Germany’s government has subsidized cheap train passes this summer. While many feared chaos and overcrowding on an overburdened system, it has been a relatively smooth ride.
Russia’s Economy Contracts Sharply as War and Sanctions Take Hold
The country’s gross domestic product from April through June declined 4 percent from a year earlier, new government data shows.
Russia’s economy contracts sharply as war and sanctions take hold.
The country’s gross domestic product from April through June declined 4 percent over last year, new government data shows.
You Just Can’t Get the Staff
Australia’s labor and skills shortage has affected almost every sector. Signs of it are everywhere.