7/15 Germany’s industrial model is under pressure from three directions at once: • expensive energy, • strategic decoupling from China, • the global AI race. This is not only Germany’s problem. It is Hungary’s problem too. #Germany #AI #EnergyCosts #DE #HU
🇯🇵 #Japan’s Producer Prices Jump Again on Elevated Energy Costs - Bloomberg https://t.co/rfvUoSeuMN https://t.co/UVsCcTIRFa #Japan #ProducerPrices #EnergyCosts #JP
⚠ Tuesday Brief ⚠ 🇺🇸 🇮🇷 US–Iran: Talks Stall, Hormuz Risk Returns; 🇪🇺 #Eurozone Core CPI Rose More Than Expected 🇪🇺 EU May Ease Budget Rules Over Energy Costs ... https://t.co/hxfJKjoWHS #USIran #Eurozone #EnergyCosts #US #IR #EU
🇪🇺 EU Poised to Give Countries Budget Leeway to Cushion Energy Cost - Bloomberg https://t.co/65AaLJR7Nh #EU #EnergyCosts #BudgetSupport #EU
Inflation is rising, as are rates and debt (Italy will become first in debt-to-GDP ratio), energy costs are out of control, and growth has stalled. We can sit here and continue to blame each other for mistakes. What we suggest instead is that political forces... (translated)
US consumer prices rose by 3.8% in April due to a significant increase in petrol costs linked to the ongoing Iran war, resulting in a decline in real wages for the first time in three years, highlighting the financial strain on middle-class and lower-income households. #Inflation #ConsumerPrices #EnergyCosts #US #IR #IL #RU #UA
🇺🇸 Business leaders expect #inflation to accelerate as the Iran war drives up energy costs, according to a Cleveland Fed survey. *CEOs now forecast inflation at 3.7% over the next year, up from 3.1% in the first quarter and the highest level in a year. *Executives also expect https://t.co/JNHN1FPim3 #Inflation #EnergyCosts #ClevelandFed #US #IR
The analysis of IREN shows that the costs of electricity from renewable sources have sharply decreased, thanks to falling installation prices. Between 2010 and 2024, their overall prices have fallen by 87% for photovoltaics – reaching a level of 708 dollars per kW and by 55% for onshore wind farms. (translated)
The average electricity bill for users decreases by 10% in April compared to last year, according to the analysis by @FACUA. (Original: La factura eléctrica del usuario medio se reduce en abril un 10% con respecto al año pasado, según el análisis de @FACUA https://t.co/2cU8O5kON3) #ElectricityBills #Savings #EnergyCosts #ES
European Union leaders are confronting a rising fear that the conflict between Donald Trump and Iran could escalate from an economic shock into a severe political crisis for the fragile political center of the continent, as escalating energy prices and slowing economic growth jeopardize pro-European governments, potentially empowering populist movements across the region. #EUcrisis #PoliticalUnrest #EnergyCosts #FR #BG #RO #DE #GR #IT #CN #US #RU
In Italy, the ongoing conflict in Iran has resulted in additional expenses exceeding 1.7 billion euros over 60 days, with rising utility bills estimated to increase by over 40 euros this year for households on indexed contracts, alongside a projected 10-euro hike in variable mortgage rates due to rising Euribor rates, and significant fuel price surges leading to an extra 1.2 billion euros in spending on gasoline and diesel. #EnergyCosts #VariableMortgageRates #InflationImpact #IT #IR
