Discontent over economic misery spilled into the largest national protests in years, prompting international calls for action.
Tag: Prices (Fares, Fees and Rates)
France Will Keep a Cap on Gas and Power Price Hikes in 2023
Élisabeth Borne, the prime minister, said the cap was far below the 120 percent hike that was expected without any government intervention as prices soar, exacerbated by the war in Ukraine.
E.U. Calls for Taxes and Handouts to Battle Rising Energy Prices
The European Commission wants the bloc’s members to impose taxes on the profits of energy companies to fund handouts to households and businesses.
Who Will Pay for Queen Elizabeth’s Funeral
The state will cover the huge price tag at a time when many in Britain are struggling to pay their bills and are bracing for a difficult winter.
Ostracized by the West, Russia Finds a Partner in Saudi Arabia
The two oil-producing countries have extended their partnership even as the United States and Europe have sought to punish and isolate Russia for invading Ukraine.
Poverty, Plunging
Child poverty in the U.S. has fallen by more than half since the early 1990s.
Thousands of Angry Indonesians Gather to Protest Rising Fuel Prices
Labor activists, workers and students are demanding a reversal of an economic policy that the government says is necessary but remains deeply unpopular.
As Crises Mount, Europe Turns Once Again to Big Spending
The standoff with Russia over Ukraine and rising energy prices are rapidly overturning European economic orthodoxy, with barely a peep of dissent.
Liz Truss, New UK Leader, Lays Out Energy Price Cap Plan
Facing severe economic headwinds, Prime Minister Liz Truss announced emergency measures to freeze gas and electricity rates.
EU Leaders Say Putin’s Gas Power Is Weakening
In Germany and elsewhere, leaders are growing more confident that months of work to stockpile and line up alternate energy sources may help them blunt Russia’s weaponization of exports.