High oil and natural gas prices, alongside political unrest in France, weakened the euro and intensified…
Tag: Inflation
World Bank Warns Asia Faces Energy Financial Strain
Asian economies have used fuel subsidies to cushion consumers from the energy shock but face growing…
Rise in Oil Prices as Investors Doubt US-Iran Peace Talks
Oil prices climbed on Friday as investors questioned the chances of a breakthrough in US-Iran peace…
World Bank Fuel Import Call Divides Energy Stakeholders
World Bank calls for reopening fuel imports sparks policy clash in Nigeria, as marketers push for…
Nigerians Spend ₦1.3tn on Petrol in June
Nigerians spent ₦1.3tn on petrol in just one month, highlighting the country’s heavy reliance on Premium…
Rising Energy Costs Shoot-up Inflation in UK
The UK inflation rose to 11.1% in October due to energy costs. Britain’s inflation reached its…
SOUTH AFRICA: NERSA Approves Tariff Increase for Eskom Customers
NERSA approves 15.06% tariff increase for Eskom customers Municipalities to announce individual tariff increments Economists warn…