Germany faces recession risk as Russia gas crisis deepens

A photo of pipes is taken at the landing facilities of the “Nord Stream 1” gas pipeline in Lubmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now to get free unlimited access to Reuters.com Register More Europeans activate the first phase of gas crisis plans Rising gas prices add to policy makers’ inflation headaches … Read more

Global stocks near new lows in 2022 amid inflation fears

LONDON (Reuters) – Global stocks plunged towards 2022 lows and the Japanese yen fell to levels not seen in nearly a quarter of a century on Monday as sweltering inflation in the United States fueled fears of a more aggressive policy tightening in a large region. Central Bank Week. The significantly higher-than-expected US CPI reading … Read more

A little delight for Russian beer lovers with bite penalties

June 6 (Reuters) – “Sorry, that was our last bottle of Czech beer,” said a waiter at a restaurant in central Moscow, a month after Russia sent troops into Ukraine and the West imposed sweeping sanctions. More than 100 days after what Russia calls a special military operation in Ukraine, foreign alcoholic beverages are still … Read more