The head of the International Monetary Fund (IMF) has warned that the energy crisis could spark widespread social unrest as European nations prepare for a harsh winter.
The European Central Bank (ECB) has hiked interest rates again on Thursday by the largest increment since the bank’s founding.
The people of France have been told to cut their energy use and warned that power rationing is on the table for the country’s residents.
The European Organization for Nuclear Research (CERN) maybe be forced to shut down its famous Large Hadron Collider (LHC) in Switzerland due to the growing energy crisis in Europe.
Tens of thousands of people flooded the streets of Prague over the weekend to protest against the Czech government’s handling of the energy crisis.
European families are being told to prepare for a looming cold and dark winter amid warnings of “unprecedented” energy shortages and power failures.
Russia has halted gas supplies to Europe via a key European supply route citing maintenance issues, according to reports.
Germany’s Economy Minister Robert Habeck has announced that the German government’s fears of major natural gas shortages over the winter are easing.
Two more fertilizer plants have been forced to shut down in Europe over high gas prices, placing further strain on the farming industry and global food supply chain.
The head of the European Central Bank (ECB) has claimed that “climate change” is to blame for the record high inflation that’s impacting nations around the world.