EDF is essential to France’s nuclear plan. The government is relying on to mitigate the effects of skyrocketing energy prices. The cost of power for the French people won’t change as a result of the nationalisation of EDF. According to government spokesman Olivier Veran, the planned nationalisation of French power company EDF (EDF.PA) won’t raise … Read more
We often hear that climate change disproportionately impacts the poor and the scenarios are worrisome. For example, climate change will lead to up to a 300 per cent increase in extreme poverty in Latin America and the Caribbean (LAC) by 2030. Beneath this alarming headline, we know that climate-related losses will fluctuate across time and … Read more
Consumer prices in the Gulf Cooperation Council states are projected to have risen 2.1 per cent in 2021, compared with 1.2 per cent in 2020, Arab News quoted a report by the GCC Statistical Centre revealed. Looking forward, inflation rate forecasts for 2022 and 2023 are predicted at 1.8 per cent and 2.6 per cent, … Read more
RIYADH: Stagnation is more of a risk to the global economy in 2022 than stagflation, Arab News quoted a report from Japanese company Nomura Holdings, as showing. In a 2022 outlook report released on Friday, December 10, economists at the firm warned that many countries will see a “dominance of cost-push inflation, the bad type of inflation … Read more
TOKYO: Japan’s household expenditures dropped a real year-on-year 0.6 per cent in October, down for the third straight month, due to a plunge in purchases of furniture and other household goods, government data revealed on Tuesday. The average consumption of households with at least two people, regarded as a key indicator of private consumption which … Read more
