High energy prices in Europe are upending people’s lives. While some are installing solar panels, others are stoking their wood-burning stoves.
Tag: Prices (Fares, Fees and Rates)
‘We Have All Gone Into Debt’: Soaring Bills Deepen Crisis for Turks
Hit by spiraling inflation, electricity bills have doubled for households and businesses in only a month.
Food Prices Approach Record Highs, Threatening the World’s Poorest
The prices have climbed to their highest level since 2011, according to a U.N. index. It could cause social unrest “on a widespread scale,” one expert said.
German Utilities Seek Extra Funding as Energy Prices Explode
Energy companies say they need extra financing to cover future commitments as natural gas prices remain near record levels.
How the Kazakhstan Protests Started and Why They Matter
As protests in the oil-rich Central Asian country gain momentum, the events threaten to reverberate across the region.
Kazakhstan Declares State of Emergency as Protests Over Fuel Prices Spread
Thousands took to the street as gas prices doubled. The government responded with curfews and tear gas. The president later announced the resignation of the government.
OPEC and Allies Agree to Raise Oil Output Amid Lagging Production
The group called OPEC Plus decided to increase oil output by 400,000 barrels a day, but its members have lately been falling short of production quotas.
For U.K. Companies Brexit Meant Higher Costs and Endless Forms
While the worst of the Brexit trade disruptions are over, British exports to the European Union are down and companies are frustrated.
Germany Wants Its Russian Pipeline. German Allies Aren’t Sure It’s a Good Idea.
The Nord Stream 2 Russia-to-Germany pipeline could offer plentiful natural gas. But tensions with Vladimir Putin are keeping it out of reach.
Inflation Forces Parisian Vendors to Raise Prices on Staples
Soaring inflation in Europe is starting to squeeze shopkeepers and consumers. Many are preparing for more price increases in the new year.