One third of EU countries see double-digit inflation

Estonia, Lithuania and Bulgaria have the fastest consumer price growth in the bloc Consumer price growth has hit double digits in at least a third of EU countries, with the most severe spike seen in the Baltic region, the Financial Times reported this week.

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Russian gas revenues projected to hit new highs

Russia could earn a record $100 billion from gas sales to European countries in 2022 due to the sharp rise in energy prices, French newspaper Les Echos reported this week, citing Citibank analysts. According to the paper, the projected income from gas sales will be almost twice as much as last year. The analysis does…

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Record levels of child hunger reported in Horn of Africa

Anti-poverty group Action Against Hunger sounds the alarm over drought-stricken and war-torn Somalia The international charity Action Against Hunger has reported the highest level of severe child malnutrition in Somalia since it began work in the country three decades ago. The organization pointed to a 55% increase in admissions to the centers it operates in…

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