Tag: europe
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The Fed doubles down on message to markets — aggressive rate hikes aren't going away
New York CNN Business — The US Federal Reserve is delivering a hawkish message to markets: We hear you, we see you, but you can’t stop us — aggressive rate hikes aren’t going away. Wall Street seems to be listening. Markets now see an 86% chance of a three-quarter point hike at the September Fed…
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Energy crisis: UK to cap domestic heating and electricity bills at £2,500 a year
The UK’s new prime minister, Liz Truss, says her government will cap domestic energy prices for homes to ease a major cost-of-living crisis. Truss added she will also approve more North Sea oil drilling and lift a ban on fracking in a bid to increase the UK’s domestic energy supply. She told MPs that the…
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Can Malmö's green solutions provide answers to energy and climate crises?
Recycling, green energy, sobriety, what are the recipes in the face of the energy crisis and the climate emergency? Euronews visited the city of Malmö, in Sweden, which is known as a sustainable economy model, to find some answers. Olof and his wife Yuki are both Industrial Designers, and are proud of the products they grow,…