Central bankers are poised to raise interest rates in March. The Russian invasion of Ukraine poses a risk to economic growth but will likely exacerbate inflation.
Tag: Prices (Fares, Fees and Rates)
The US Economy and The Russian-Ukraine Conflict: What Does it Mean?
The Russian attack on Ukraine could push up oil and food prices globally at a time of already-high inflation. In the U.S., it will drive up uncertainty.
Russia’s Moves in Ukraine Unsettle Energy Companies and Prices
Oil and gas prices are up, and Western energy giants with operations and investments in Russia could find it harder to keep doing business there.
How Europeans Are Responding to Exorbitant Gas and Power Bills
High energy prices in Europe are upending people’s lives. While some are installing solar panels, others are stoking their wood-burning stoves.
‘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.