Moody’s cautions that the UK is projected to maintain the peak inflation rate among G7 nations until at least the conclusion of 2024.
France will experience electricity shortages, even during ‘normal winter,’
France’s head of the electricity grid has warned his country about electricity shortages this winter due to problems at its nuclear power stations.
Europe is headed for recession as the cost of living crisis worsens
The eurozone is likely to enter a recession. Monday’s surveys showed that the cost of living is increasing and consumers are cautious about spending.
Next year’s food crisis will be different from this year’s, it could change for the worse in 2023
The price of everything, from wheat and sunflower to lemons, has been driven up by the pandemic and war in Ukraine.
What an inflation shock really looks like for the UK
The 80s are back in fashion. Top Gun has returned to the cinemas, Kate Bush is number one and inflation is at an all-time high since 1982. Global food security
As Russia reduces gas flow, Europe could shift back to coal.
Europe’s largest Russian gas buyers raced Monday to find other fuel sources. They could also burn more coal to deal with lower gas flows from Russia, which could lead to
Desperation builds in Shanghai with another Saturday in lockdown, where they’ve been for more than a week.
While you may be enjoying your weekend, there is a chance that Covid will still be in your thoughts. Residents of Shanghai, a city with 25 million inhabitants, will spend
China’s coal prices hit record highs, they look to the west for help
China’s energy crisis grew on Friday, as cold weather inundated large parts of the country. Power plants scrambled for coal to stock up, sending fuel prices to new records.