Electricity prices are set to soar in Europe over the upcoming months. It is expected to hit lower-income families hardest with utility bills going up steeply. Europe uses the merit order principle, a mechanism designed to determine the price of electricity. The price is linked with demand, starting with low cost power sources such asContinue reading “Europe’s Upcoming Energy Affordability Crisis – September 2022”
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Specific and General Droughts Worldwide – August 2022
Droughts are the latest piece of news that will affect growth prospects and inflation. According a to Global Drought Observatory report, Europe is having its worst drought in 500 years. According to BBC: “Compared with the average of the previous five years, EU forecasts for harvest are down 16% for grain maize, 15% for soybeansContinue reading “Specific and General Droughts Worldwide – August 2022”
Devlin Demontigny 