Fossil fuels face higher taxes than electricity under looming bill – POLITICO
Solidarity tax Austria, Germany, Italy, Portugal and Spain have also called on the Commission to propose a temporary…
What the world needs to know about the real stakes of the energy crisis – POLITICO
“[The] damage to household finances this year is to a large degree already done,” said James Smith, chief economist at…
Wholesale Inflation Remains Stable Despite Gas Price Surge
The Producer Price Index (PPI) rose less than expected in March amid the spike in energy prices due…
Wall Street rallies to the edge of its all-time high as oil prices ease
NEW YORK (AP) — U.S. stocks rallied to the edge of an all-time high Tuesday, and oil prices…
IMF cuts global growth forecast during Hormuz blockade | International Monetary Fund News
The International Monetary Fund (IMF) has lowered its global economic growth forecast as tensions between the United States…
Gold Rises as Traders Weigh Renewed Push for US-Iran Talks
(Bloomberg) — Gold climbed after a two-day decline, as renewed optimism for a negotiated end to the US-Iran…
The real cause of inflation isn’t oil prices, says Johns Hopkins economist
Following the Commerce Department’s release on the morning of April 10 showing that March consumer prices rose at…
Moving from Energy Crisis to Energy Security with Renewables
New IRENA policy advisory shows strategic role of renewables for energy security and resilience; recommends actions for policy…
Investors write off any move from the Fed this month after CPI, Iran talks
With President Trump’s focus squarely on Iran at present, Jerome Powell and the U.S. Federal Reserve are getting…
Health Care Workers Are Reshaping the US Labor Market’s Future
Fresh data on the US labor market and new research from the Federal Reserve suggest that the conventional…
Bank of Japan wary of inflation pressure amid war in Middle East
The Bank of Japan is increasingly cautious about inflationary pressure stemming from rising crude oil prices amid Middle…
Middle East war fallout: IMF chief warns of ‘unavoidable pain’, urges central banks to curb inflation
IMF chief Kristalina Georgieva on Thursday urged central banks to prioritise tackling inflation even at the cost of…