The collateral damage of lockdowns and school closures is becoming increasingly clear: the IQB level of education reveals major performance deficiencies among fourth graders in the subjects German and mathematics. Social and immigration-related differences have also increased. Parents and teachers have been complaining for some time that canceled lessons and school closures in the Corona […]
OPEC Plus remains true to its line and only wants to increase oil production moderately in August. Gasoline prices have recently reached record highs around the world. It went for $5 a gallon for the first time before prices fell back somewhat in recent days as fears of a recession mount. The oil alliance OPEC+ […]
European natural gas prices rose to a three-month high on Thursday. This was due to ongoing concerns about Russian supplies and efforts by the EU to fill up storage ahead of the heating season. In Germany, only some of the price increases were passed on to end customers. Gas prices in Europe reached new record […]
Rising food prices in the Scandinavian country are fueling inflation. It has now reached 7.2 percent – a high since December 1991, when inflation was 7.8 percent. Electricity prices also contribute to inflation. Inflation in Sweden has continued to rise. In May, the inflation rate (based on the consumer price index with a fixed interest […]
Experts at the Stockholm International Peace Research Institute (SIPRI) say the risk of using nuclear weapons has never been higher since the Cold War. Over the next decade, the nuclear weapons depot is only expected to grow. The Stockholm peace research institute SIPRI’s annual report, published on the organization’s website on June 13, speaks of […]
In view of scarce and expensive building materials, a shortage of skilled workers and economic risks, experts expect moderate growth in building construction in the coming years. Plans for more living space could therefore be slowed down. The prices for energy, food and raw materials have risen more than they have in decades. This also […]
Since the start of the Russian military operation in Ukraine and the resulting Western sanctions, there have been significant price increases across the EU. This is also the case in Denmark, where inflation has risen to its highest level in decades. In Denmark, consumer prices have risen to their highest level in 38 years. This […]
Due to the sometimes enormous increase in energy prices, the general price level in Germany rose sharply. Analysts now expect the European Central Bank to hike rates for the first time in more than a decade as a result of the pressure. Inflation in Germany in April reached its highest level since 1981, driven by […]
26 Apr 2022 2:41 p.m On Tuesday, the authorities in the Moldovan conflict region of Transnistria issued the red and thus the highest terror alert level for their area. This was announced by the President of the unrecognized republic, Vadim Krasnoselsky, on his official website. Source: AP © Dmitri Lovetsky According to the statement, Krasnoselski […]