The new sanctions package is expected to pave the way for the EU to declare a price cap on the oil it imports from Russia.
A conservative system of benefits protects citizens from destitution, but to succeed, the definition of poverty needs to be overhauled. The Heritage Foundation is moving in this direction, and their ideas could positively impact European welfare policy.
The European Central Bank president Christine Lagarde expects the bank “to raise interest rates further over the next several meetings” across the euro zone.
The winning center-right coalition and the opposition Left have an admirable plan: to build consensus around the parliamentary leadership.
The Federal Reserve announced its intention to continue to reduce its holdings of U.S. sovereign debt and has no plans to return to buying Treasury securities.
By constitutional procedure, a prime minister is elected on a negative-vote premise: unless a majority votes against him, Kristersson will become prime minister.
The Greek government has the cost of its current debt under control. However, what gives cause to worry is its soon-to-come need to build up new debt.
For the first time in four decades, the moderates are not the largest non-socialist party in the Riksdag.
According to the Bureau of Labor Statistics, consumer prices increased by 8.3% year-to-year in August.
When a currency depreciates, it can lead to a self-reinforcing outflow of capital—especially when the depreciation is unprecedented. The euro has never been this weak against the dollar.
The Islamist party performed well in urban areas with large immigrant populations. This likely deprived the social democrats of votes critical to winning the parliamentary election.
This essay may not be a plug-and-play survival guide to inflation, but it should help to explain where you can go and what information you can find, in order to educate yourself on inflation, specifically energy costs.
