Top European Union officials are racing to appease a handful of countries that have temporarily banned imports. To ensure there are no further obstacles in global exports, the EU unanimously agreed to lift all duties on Ukrainian grains and introduced “solidarity lanes” for the transit of the grains last year. The European Commission has rejected the import bans and said …
Energy prices began soaring last year after the lifting of pandemic lockdowns, followed by Russia’s war in Ukraine this year. Energy prices – determined by the price of crude oil, natural gas and coal – began soaring last year as a result of COVID lockdowns being lifted, followed by Russia’s invasion of Ukraine this year. “Russia’s war on Ukraine has …
Employees at a fast-food restaurant in Sacramento, California, exasperated over working in stifling heat for low wages, demanded more pay and a new air conditioner — and got both. U.S. workers, having struggled for years to achieve economic gains, secured better wages, benefits and working conditions — and the confidence to quit their jobs if they didn’t get them. Capital …
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. U.S. workers, having struggled for years to achieve economic …
London CNN Business — A fight over how to fund the European Union’s recovery from the coronavirus pandemic is stoking tensions between wealthier and poorer countries, threatening to delay the region’s economic rebound and unleash political and financial forces that could pull the bloc apart. If we have another asymmetric recovery, then it will be very bad for the EU.” …