UK economists say BOE outlook for deep recession is misleading
Bloomberg: Some of Britain’s top economists warned that the Bank of England risks making a bad situation worse by publishing...
Europe
Nord Stream gas ‘sabotage’: who’s being blamed and why?
Reuters: Major leaks that suddenly erupted in the Nord Stream gas pipelines that run from Russia to Europe under the...
Gazprom says Nord Stream 1 resumption depends on Siemens Energy
Russia's biggest natural gas pipeline to Europe will not resume pumping until Siemens Energy repairs faulty equipment, Gazprom’s Deputy Chief...
Swiss economic recovery continues despite war, global slowdown
The Swiss economy responded well to the end of Covid restrictions in March, expanding 0.3% in the second quarter, Bloomberg...
Russian gas halt steps up pressure on euro, sterling
The dollar hit a 20-year high against a basket of peers on Monday, with sterling and the euro the biggest...
Germany announces €65 billion package to curb soaring energy costs
Germany will spend at least 65 billion euros ($64.7 billion) on shielding customers and businesses from soaring inflation, Chancellor Olaf...
Russia scraps gas pipeline reopening, stoking European fuel fears
Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties...
Central banks must tighten policy even into a recession, ECB’s Schnabel says
Central banks around the world risk losing public trust and must now act forcefully to combat inflation, even if that...
Sentiment among German exporters falls for third month in a row -Ifo
Sentiment among German exporters fell for the third month in a row in August as high gas prices and a...
