Amid Ukraine war, Europe reduces petrol demand
The seven biggest consumers of petrol in the EU — Germany, Italy, France, the Netherlands, Spain, Belgium, and Poland...
Tag : Europe
Is 2022 best year for EVs? Over 10.2 million cars sold globally, Tesla leads the race
In March 2023, Tesla cut the prices of its Model S sedan and Model X SUV in the United States...
Europe’s energy conundrum
Europe is now on the verge of recession, if not already in one, and the worst looks yet to come...
Is strong US dollar bad news?
by Prajwal Wele
When the US dollar value increases, it costs more to settle debts with money earned in local currencies...
Russia defaults on foreign debt, the first time since 1918
Russia has already missed its deadline on Sunday night when it had to meet the 30-day grace period....
UK inflation rate hits 40-year high at 9.1%
The Office for National Statistics said that consumer price inflation rose slightly from 9% in April....
Ukraine raises its interest rate to 25%, the highest in Europe
Ukraine's economy could contract by up to 45% in 2022....