Source link Skyrocketing energy prices sent real wages plummeting in 2022 more than in any year since 1950, new research has shown. Living standards in Germany saw the biggest downturn since World War II in 2022, according to the latest report released by the Forum for a New Economy on Monday. The decline is attributed […]
Tag: slump
Russian central bank admits energy revenues slump — RT Business News
Source link Export revenues dropped 30% compared to an all-time high recorded in 2022, the regulator estimated Russian export revenues saw a notable drop by almost a third in 2023, according to the preliminary assessment released by the Bank of Russia, which cites a decline in prices for crude oil as one of the key […]