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Will Europe’s heatwave fuel inflation? – BBC Newsnight
The extreme summer temperatures in Europe and Asia are not just affecting people’s ability to do their jobs, causing discomfort and a danger to health, and even life, but economists are increasingly pointing to evidence that it is also having an affect on inflation as crops fail, wine grapes shrivel, and vegetables dry. And it’s got a name – Climateflation. What is it, and what…
EU fails to agree on gas price cap – Hungary
Foreign Minister Peter Szijjarto says the measure is seen by many as a misguided intervention in the natural gas market EU nations have failed to reach an agreement on imposing a price ceiling on natural gas following a Council of Energy Ministers’ meeting, Hungarian Foreign Minister Peter Szijjarto said on Thursday. Ministers from the bloc will discuss the proposed measure further during an extraordinary meeting…
Europe’s largest ‘narco bank’ broken up by police in Spain
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Spanish police said on October 14, 2022, that it had dismantled a criminal group believed to be Europe’s largest money launderer behind international drug trafficking gangs from more than 20 countries. In total, police seized nearly 3 million euros (US$2.9 million), including 11 luxury vehicles, cryptocurrency accounts and cash. Thirty-two arrests were made in the coordinated…
Putin annexes Ukraine regions in Europe’s biggest land grab since WW2 – BBC News
President Putin has announced the annexation of four regions of Ukraine that are controlled by Russian forces. It’s the biggest seizure of territory in Europe since the Second World War. The Russian leader’s declaration follows staged referendums in Kherson, Zaporizhzhia, Luhansk and Donetsk, which were denounced as sham by the international community. President Putin warned the West he would protect the territory with all means…
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The countdown to Memorial Day is on as millions of Americans get ready to hit the roads and take to the skies for what’s expected to be a record breaking [...]
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