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The economic confrontation between the US and China has put Europe in the crossfire, with Washington's plan to boost green industries threatening to cause collateral damage to a key ally
Following Brexit, confectioner Pecan Deluxe Candy soon discovered that British operations were plagued by costly new red tape on exports of animal-derived products. Its solution? Go vegan.
China is investing billions in Europe's video game industry, but analysts have warned that there could be trouble along the road unless regulators start to take stricter notice
The interactive map shows the increase in gas prices in the EU compared to the same month last year (indicates the individual increase in value for each EU country).
Inflation jumped after countries emerged from Covid lockdowns and it has soared since Russia invaded Ukraine, with the IMF expecting consumer prices to rise by 8.3 percent globally this year.
The European Commission has set out proposals to bring down the soaring price of gas and electricity in the EU, notably by taxing excess profits of power producers.
The EU plans a "deep and comprehensive" reform of the electricity market to cope with an energy crisis sparked by Russia's war in Ukraine, European Commission chief Ursula von der Leyen has said.
European electricity prices have soared to new records, presaging a bitter winter as Russia's invasion of Ukraine inflicts economic pain across the continent.
European Union nations are launching power saving drives as they seek to reign in soaring gas and electricity bills and conserve ever-more scarce resources following Russia's invasion of Ukraine.