Philippe Waechter News Today

“The world has become a lot more flexible and very global, and CEO hires reflect this. The older generation didn’t have such an open culture.” 

Monetary policymakers have switched gears to combat sharply rising inflation, but the steady increase in global temperatures may be the greater threat. While some central bankers may dismiss climate change as someone else’s problem, the European Central Bank is taking its role in transitioning to net zero seriously and setting an example.

Eurozone inflation accelerated to another record high in June, official data showed on Friday, as Russia’s war in Ukraine drives up energy prices and hammers the European economy.

The eurozone has been taking hits left and right in light of the Ukraine war and the sanctions on Moscow, and the European Central Bank is under tremendous pressure to mitigate the crisis.

Eurozone inflation hits record, as gas crunch looms

Euro-zone inflation accelerated to another record high in June, official data showed on Friday, as Russia's war in Ukraine pushes up energy prices and hurts

BRUSSELS, July 1, 2022 (BSS/AFP) - Eurozone inflation accelerated to another  record high in June, official data showed on Friday, as

•BRUSSELS: Eurozone inflation accelerated to another record high in June, official data showed on Friday, as Russia's war in Ukraine drives up energy prices and hammers the...

Eurozone inflation accelerated to another record high in June, official data showed on Friday, as Russia's war in Ukraine drives up energy prices and hammers the European economy. The EU's Eurostat data agency said the increase in consumer prices in the 19 countries that use the euro reached 8.6 percent in June, leaping from the previous record of 8.1 percent a month earlier.

The Russian economy has held up surprisingly well in the face of Western sanctions designed to cripple it – with the rouble becoming