Page 19 - Roaring News Today

According to VDMA, a German engineering association, there are now more orders coming in for German production equipment from Europe than from China. Nevertheless, shipments to Asia remain dominant.VDMA

MANILA (AP) – Philippine President Ferdinand Marcos Jr has been reaffirming ties with the United States (US) in a key turnaround from the often-hostile demeanor his predecessor displayed toward Manila’s treaty ally. Marcos Jr, who marks his 100th day in office today, inherited daunting problems at home, including a coronavirus pandemic-battered economy, soaring inflation, unemployment […]

EU country leaders will discuss how to step up support for Ukraine and their joint next steps to tame soaring energy prices when they meet on Friday.... | October 2, 2022

DUBAI (AFP) – With the cost of living surging, free hot bread distribution for the poor has been introduced in Dubai, a rich Gulf emirate where millionaires rub shoulders with hard-working migrants. The city of skyscrapers soaring above the desert, which imports almost all of its food, has been impacted by rapidly rising consumer prices, […]

BRUSSELS (AFP) – Eurozone consumer prices skyrocketed by a record 10 per cent in September, official data showed yesterday, as inflation reached double digits on the back of soaring energy prices caused by Russia’s war on Ukraine. Stoked by a staggering 40.8-per-cent rise in energy prices, the yearly inflation rate in the 19-country single currency […]

Soaring interest rates are providing investors with attractive alternatives to stocks, complicating the picture for equities in an already-vicious year.... | September 29, 2022

Faced with soaring borrowing rates across the Channel, the Bank of England stepped in due to real risks to British financial stability, it said. It announced that it would carry out purchases of... | September 29, 2022

Soaring energy prices are costing Germany investments in the key automotive sector, where a growing number of companies are facing liquidity shortages, the head of the VDA industry association... | September 27, 2022

Germany is planning to grant several billion euros in support to small- and medium-sized businesses in a new aid package to cushion the impact of soaring energy costs, a spokesperson for the... | September 23, 2022

BERLIN -The German government has opened discussions about providing urgent support for scores of regional state-owned energy providers which are struggling to cope with soaring gas prices, three... | September 22, 2022