June 14, 2022
“…Prices have fallen by about 5% to 10% compared to a year earlier in some areas, according to David L. Steinbach, with Europe following a trajectory set in the US. “I think we’re in for a rough few months,” he… Continue Reading…
May 20, 2022
“Russia is about to cut off natural gas supplies to a third European country that refuses to accept the Kremlin’s demand for payment in rubles.Russian gas will stop flowing to Finland at 7 a.m. local time on Saturday, Finnish state gas company… Continue Reading…
April 1, 2022
“Russian President Vladimir Putin is demanding foreign buyers pay for Russian gas in roubles from Friday or else have their supplies cut, a move European capitals rejected and which Germany said amounted to “blackmail”. Putin’s decree on Thursday leaves Europe… Continue Reading…
December 23, 2021
“Europe’s energy crisis got even worse on Tuesday as a shortage of natural gas, nuclear outages, declining wind power output, and cold weather boosted prices. The gas price at the Dutch TTF hub, the benchmark gas price for Europe, soared… Continue Reading…
December 21, 2021
“European gas prices jumped to an all-time high on Tuesday after natural gas on a key pipeline from Russia to Germany reversed flow eastward and freezing temperatures took hold in many parts of Europe. The benchmark price for Europe at… Continue Reading…
December 15, 2021
“London (CNN Business)Germany is teetering on the brink of recession this winter as supply bottlenecks and a wave of new coronavirus cases hobble the economy. Europe’s largest economy will shrink 0.5% in the fourth quarter of this year, compared with the third, and stagnate… Continue Reading…
June 23, 2021
“House prices have set records in the US and parts of Europe as vast fiscal and monetary stimulus help residential property markets to continue shrugging off the impact of the coronavirus pandemic. The median price for US existing houses rose… Continue Reading…
April 23, 2020
“The eurozone economy is suffering an “unprecedented” collapse according to a PMI index released Thursday by analysis firm IHS Markit… Manufacturing also saw a record fall however, because of staff and material shortages and severe supply chain disruptions. Employment plummeted… Continue Reading…
March 25, 2020
“Yields on both the one-month and three-month Treasury bills dipped below zero Wednesday, a week and a half after the Federal Reserve cuts its benchmark rate to near-zero and as investors have flocked to the safety of fixed income amid… Continue Reading…
February 17, 2020
” European equities are trading at fresh record highs, and JPMorgan Chase & Co. strategists say the rally can go on and even expand to markets that have been left behind. The Stoxx Europe 600 Index closed at a historical… Continue Reading…
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