Inflation

G7 unveils $600B plan to combat China’s Belt and Road

June 26, 2022 7:40 pm

Beijing is increasing its global reach through major investments in Africa and Asia.

Stormclouds at home dampen Biden’s return to Europe

June 26, 2022 1:47 pm

The president kicked off the G-7 summit in Germany hoping to rally the world’s leading democracies, but turmoil in Washington hangs over the proceedings.

Central banks must act decisively as stagflation risks loom: BIS

June 26, 2022 11:00 am

‘Lingering disruptions from the pandemic, the war in Ukraine, soaring commodity prices and financial vulnerabilities cloud the outlook,’ BIS says.

Mission Not Yet Accomplished: Biden heads to Europe hoping to keep Ukraine coalition intact

June 25, 2022 5:03 pm

The upcoming G-7 trip in some ways represents a taller task than the last time the president went to the continent.

With Merkel gone, Germany gets tough on Brexit

June 25, 2022 2:18 pm

New German Chancellor Olaf Scholz has Boris Johnson firmly in his sights.

Stagflation redux can be prevented with smart policy

June 25, 2022 4:02 am

Is it now the economy’s turn to experience a 1970s revival?

EU leaders agree the economic outlook is bleak, but split over the remedies

June 24, 2022 6:19 pm

There was little interest in a special summit in July, despite the pressing economic challenges.

German business sentiment sours amid gas-shortage fears

June 24, 2022 10:58 am

The results come a day after Berlin warned of a high risk to long-term gas supply shortages.

Eurozone economic growth shows ‘signs of faltering,’ says key business survey

June 23, 2022 10:51 am

The PMI survey of 5,000 companies is considered one the most reliable leading indicators for economic growth.

Mission Not Yet Accomplished: Biden heads to Europe hoping to keep Ukraine coalition intact

June 23, 2022 6:24 am

The upcoming G7 trip in some ways represents a taller task than the last time the president went to the continent.

A wonk’s guide to the Czech EU presidency policy agenda

June 23, 2022 6:00 am

With Europe beset by multiple crises, Prague will focus on energy security, trade deals and climate change.

Czech Republic braces for rocky EU presidency amid Ukraine war, high inflation

June 23, 2022 6:00 am

The Central European country will be working on a shoestring budget — and under close scrutiny of its commitment to green issues.

Two-thirds of Europeans see EU membership as a good thing, survey says

June 22, 2022 1:27 pm

Eurobarometer finds 10 percent of respondents view Russia favorably.

ECB: Private sector doesn’t expect eurozone stagflation

June 22, 2022 10:00 am

‘Current expert forecasts remain far from a stagflation scenario,’ says Central Bank.

UK inflation hits 40-year high of 9.1 percent in May

June 22, 2022 8:37 am

Rising energy, fuel, food and housing costs are driving the trend.

Commission staff get pay raise — against its own advice

June 21, 2022 2:17 pm

The EU executive has long opposed the so-called automatic indexation of wages to inflation.

German producer prices rise at record speed in May

June 20, 2022 9:42 am

It suggests consumer price inflation has not yet reached its peak.

Amid antitrust brawls, France’s competition chief stays in his lane

June 20, 2022 6:00 am

Benoît Cœuré has disavowed a wider role for antitrust enforcers even as he prepares to announce a major decision against Google.

As inflation spirals, can Brexit still be Boris Johnson’s trump card?

June 19, 2022 1:56 am

Cost of living dominates voter concerns ahead of crunch Wakefield by-election.

Race against time to unlock Ukraine’s trapped grain

June 18, 2022 10:50 am

Western governments are scrambling to bolster a patchwork of land routes to export the grain before the summer harvest.

Hungary’s tax veto leaves EU adrift and Bruno Le Maire burned

June 17, 2022 1:51 pm

A tax deal was a top priority for the French Presidency.

Bank of England hikes rates for fifth time to battle soaring inflation

June 16, 2022 1:13 pm

The move comes as central banks worldwide step up their efforts to tame inflation.

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