The government is helping residents with soaring gas and electric costs, but some businesses are already shutting down amid fears of rationing and blackouts.
Tag: Economic Conditions and Trends
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Europe’s Leaders Vow Economic Relief, Fearing Unrest
Germany, Sweden and the Czech Republic announced measures to populations feeling the bite of rising inflation and energy costs tied to war in Ukraine.
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Strikes Sweep the U.K. as Workers Demand Better Pay
Backed by unions and tired of years of low wage growth, workers are making bold pay demands to cope with the rising cost of living. Some say this is just the beginning.
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Will a Renewed Iran Nuclear Deal Cut Energy Prices?
A successful deal to restrain Iran’s nuclear program would mean that Washington lifts tough sanctions on Iran’s oil and gas exports. But it may already be too late for that to help this winter.