Berlin replaced Russian gas with costlier alternatives, with the country’s industrial sector bearing the brunt of higher prices Germany’s decisions since the start of the Ukraine conflict nearly two years ago have cost the country more than €200 billion ($216 billion), the president of the German Institute for Economic Research, Marcel Fratzscher, has estimated. The…
The old world is giving way to a new order. What key political-economic drivers of change are destined to shape our lives in the medium term? According to an adage that is popular in the financial community, economists are sufficiently competent to correctly predict ten out of five recessions.
Critics of the US president are increasingly questioning his physical and mental acuity US President Joe Biden tripped twice on Tuesday as he boarded Air Force One for a flight to California. Although the White House has insisted he is in excellent health, the 81-year-old Democrat has persistently refused to take a cognitive test during…