EU gas rationing plan won't suceeed – The Economist

The EU’s gas rationing plan approved on Tuesday may not stand the test of a cold winter, Britain’s The Economist magazine warned on Wednesday. A “meagre” cut to gas consumption will not solve the continent’s problems, the publication wrote, referring to the plan that will see most EU nations voluntarily reduce their use of natural…

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Austrian businesses issue recession warning

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Watchdog finds $5.4 billion in potential Covid loan fraud

Nearly 70,000 nonexistent or questionable Social Security Numbers were used to secure the coveted handouts Fraudsters using fake social security numbers may have walked off with $5.4 billion in pandemic loans from two of the US’ Covid-19 relief programs, according to a report published on Monday by watchdog group the Pandemic Response Action Committee. The…

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