In a recent report, ECB acknowledges sanctions on Russian goods and assets have caused the surge in inflation rates all over Europe. “The recent inflation surge in the euro area was significantly influenced by energy prices, particularly gas following Russia’s invasion of Ukraine in February 2022. (…) In comparison to oil price shocks, gas price …
Category: Russia
Jun 10
The Perils and Promise of the Emerging Multipolar World
Jeffrey D. Sachs’ view on the future shape of the world order, in “The Perils and Promise of the Emerging Multipolar World”, describes how regions that once lagged the West in industrialization are now making up for lost time. in his words, “The world economy is experiencing a deep process of economic convergence, according to …
Aug 24
Radioactive news
August 24th, 2023. Today TEPCO has started releasing into the sea more than 1 million metric tons of treated radioactive water from the wrecked Fukushima nuclear power plant. The radioactive water is expected to contaminate the Pacific Ocean first, then to progressively spread to Atlantic and all other seas in the world. The Japan Atomic …
Jun 16
War economy: the Ukraine economic shock. EIB report
The EIB’s report on the “Ukraine economic shock” brings to attention the current and future macroeconomy trend in Europe. Pessimistic forecast in all sectors and aspects of life are assigned to the war in Ukraine -though it is to say that the rallies of raw material and energy prices begun in 2021 in concomitance with …
Jun 09
Guerra del grano: i veri motivi e gli artefici. Le quattro sorelle e i loro fiancheggiatori
La portata e la dimensione delle fake news legate alla propaganda conseguente alla situazione in Ucraina ha raggiunto vette sinora impensabili. La crisi delle materie prime, in atto da anni, è ormai attribuita alla guerra, esclusivamente o quasi. Ma la situazione è ben diversa. Ecco come stanno le cose in te,ma di cibo, in particolare …
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