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A lack of workers is the “greatest burden” on the country’s economy, the Ifo’s president has warned Labor shortages and the transition to renewable energy along with soaring inflation will weigh on Germany’s economic growth in the long term, the president of the Ifo Institute for Economic Research, Clemens Fuest, has warned.

London has added oil and coal to its list of banned Russian imports, according to a notice to exporters published by the UK’s Foreign Trade Ministry on Thursday. “This amendment prohibits the import of oil and oil products, coal and coal products and gold as well as the acquisition, supply and delivery, directly or indirectly…