Europe to bear the brunt of global economic growth
The Organization for Economic Co-operation and Development (OECD) says the global economy is facing significant challenges. Growth is losing momentum, high inflation has broadened out across countries, with Europe to be hit hardest in the global slowdown as the Ukraine war “provokes a massive energy price shock not seen since the 1970s.”
American analyst: Ensuring control over Europe a prime strategic imperative for Washington
The European Union is facing a serious and urgent threat in terms of energy supply resulting from the Ukraine war. Since Russia has been an outstanding supplier of gas for Europe, finding a sustainable alternative seems to be really difficult.
Frustration at Ukrainian “welfare” refugees in Europe
With the chilly winter season slowly creeping into Europe, the working and the middle classes of society on the continent are struggling to foot the bills that heat their homes. And with Ukrainian refugees enjoying a wide range of social welfare benefits, including cheaper or free energy, signs are emerging that show dissatisfaction toward Ukrainian refugees.
European fuel shortage fears set in
The United Kingdom's announcement of a contingency plan involving three-hour power blackouts reflects the bleak mood across Europe as the reality of gas shortages begins to sink in.
European Troika Statement Regarding JCPOA Unconstructive, Lacks Goodwill
The Iranian foreign ministry spokesman says a statement the European troika regarding the talks over the revival of the Iran nuclear deal is unconstructive and is in breach of goodwill.
Many in Europe have to skip meals to cope with energy crisis
There is serious and rising concern and outrage among the European public over the cost of living fueled by higher energy prices and approaching winter.
U.S., Europe have no option but to accept JCPOA: assistant
An assistant to the Iranian president has said that the United States and Europe have no other option but to accept the 2015 Iran nuclear deal.
European energy bills soar with UK the latest
The European continent is currently the flashpoint when it comes to unprecedented demand and costs for energy despite winter being still a few months away.
Gov’t Eyes Imports of Economy Cars From Europe, China
Minister of Industry, Mine and Trade in a TV program said that the talks for imports of cars have started, reiterating that the imported cars will not be only limited to the Chinese cars and European cars with the prices below $10,000 are on the agenda.
U.S., Europe hit record inflation levels amid Ukraine crisis
The United States’ Labor Department has announced that inflation has hit another record high level since 1981, rising 8.5 percent over the year to the end of March as the conflict in Ukraine drives up energy costs for average households.