A third of the world will be hit by recession in 2023, including half of the European Union, lasting longer in the UK whose recovery will be one of the weakest among g7 nations.

Skyrocketing energy prices have cost Europe nearly $1 trillion, considered the fallout of the war in Ukraine; it presages the beginning of the deepest crisis in decades.

More people will die in Europe this winter because of energy costs than have perished on the battlefield in the Ukraine war, according to a new analysis. 

French Police have brutally confronted protesters venting their anger over the cost of living crisis & soaring inflation in the capital Paris.

The European Union (EU)’s crisis management commissioner says the energy supply crisis in Europe could lead to widespread power outages in the bloc in the winter, confirming widespread concerns about tough times ahead amid a standoff with Russia over Ukraine.

People gather in the German capital to protest soaring energy and commodity prices, and denounce the government's stance on the war in Ukraine.

The chief of the European Central Bank (ECB) has warned that the economic outlook “is darkening” and that business activity could “slow substantially” in the coming months amid skyrocketing food and energy prices in the wake of the Ukraine war.