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Keywords: Energy prices
European Central Bank policymaker Olli Rehn has warned that recent economic data point to early signs of stagflation in the eurozone, linking weak growth and rising inflation to energy shocks driven by geopolitical tensions. Speaking in Helsinki, Rehn said the latest indicators suggest the eurozone......
France has launched an online simulator allowing workers to check whether they are eligible for a new fuel allowance designed to support low-income commuters who travel long distances for work. The initiative, announced by the government and confirmed through an official decree published in the national......
Japan’s investors became net sellers of foreign stocks in April, marking the first monthly decline in four months as rising energy costs and inflation concerns weighed on global market sentiment. The shift in investment behavior reflects growing caution among Japanese market participants amid......
Fouzi Lekjaa said Morocco’s economy continues to demonstrate resilience despite mounting international instability and rising energy prices, as the government projects economic growth above 5.3% in 2026. Speaking before the House of Councillors in Casablanca, the minister said the first four months......
Norway’s government has significantly upgraded its forecast for oil and gas revenues in 2026, expecting the state to earn around 721.1 billion Norwegian crowns (approximately $78.7 billion), driven by rising global energy prices linked to ongoing geopolitical tensions. The revised estimate marks......
Shares of Whirlpool Corporation fell sharply on Thursday, reaching their lowest level in more than 14 years, after the company reported weaker-than-expected first-quarter revenue and announced the suspension of its dividend. The decline reflects growing pressure on consumer-facing industries as households......
Wage growth in the eurozone remains broadly stable, according to the latest data from the European Central Bank (ECB), which showed little change in negotiated salary trends since the start of the conflict involving Iran. The ECB wage tracker indicated that negotiated wage growth is expected to remain......
France is expected to experience a rise in inflation in the short term before returning to more stable levels later in the decade, according to François Villeroy de Galhau, head of the Banque de France. Speaking during recent economic discussions, Villeroy indicated that inflation could fluctuate......
A senior European Central Bank (ECB) policymaker has warned that concerns about a possible recession in the eurozone are “real and justified,” citing growing geopolitical tensions and economic uncertainty linked to the conflict in the Middle East. Yannis Stournaras, Governor of the Bank......