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News Articles: energy prices

Tomato shortages in the U.K. are being blamed on bad weather, energy prices and trade policy

Tagged as: 

  • Economy

Let them eat... turnips? Tomato shortage in UK has politicians looking for answers

Frost, floods, energy prices and Brexit are among the possible culprits in the shortage of tomatoes, cucumbers, broccoli and lettuce in the U.K.

March 01, 2023
|
By:
  • Stacey Vanek Smith
A ballet dancer warms up before an open rehearsal at the Audi automobile factory in Gyor, Hungary, on Thursday. The Ballet Company of Gyor is rehearsing at the factory after being forced to shutter its rehearsal hall in response to soaring energy prices.

Tagged as: 

  • Europe

An energy crunch forces a Hungarian ballet company to move to a car factory

The Ballet Company of Gyor began rehearsing at a local Audi factory last month after being forced to shutter its rehearsal hall in response to soaring energy prices.

February 18, 2023
|
By:
  • The Associated Press
The empty assembly line at the Duralex glassware factory in Orléans, France, on Nov. 15.

Tagged as: 

  • World

Europe fears its industries will jet to the U.S. as energy costs force plant closures

Duralex glassware maker is just one company that's suspended operations over spiking energy costs after a cutoff of Russian natural gas.

November 25, 2022
|
By:
  • Eleanor Beardsley
European Commission President Ursula von der Leyen speaks during a media conference at EU headquarters in Brussels on Wednesday, July 20, 2022.

Tagged as: 

  • Europe

The European Union faces a battle to keep energy prices from harming its economy

European Union leaders enter a crucial stretch this week to make sure runaway energy prices and short supplies do not further tank their struggling economies and foment unrest.

October 18, 2022
|
By:
  • The Associated Press
Kevin Soyt, Robert Hamilton and Dave Bayer participate in a water aerobics class in the John Knox Village Continuing Care Retirement Community pool on Oct. 15, 2021 in Pompano Beach, Fla. The Social Security Administration announced the largest cost-of-living adjustment in decades: 8.7%.

Tagged as: 

  • Economy

High inflation leads to the biggest raise in Social Security in more than 40 years

Retirees and others who rely on Social Security will see a large boost in benefits next year, with the average benefit rising by $141 per month, as inflation stays above 8%.

October 13, 2022
|
By:
  • Scott Horsley

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