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Europe

Former British Finance Minister Rishi Sunak finally became Liz Truss's successor as Tory leader on Monday after an intense week of what has been described by many as political "chaos" within the Conservative Party. The deputy for the district of Richmond, in the county of Yorkshire, managed to…
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Inflation in Europe reached 9.9 %

The year-on-year inflation rate in the euro area stood at 9.9 % last September, which marks a new historical record and represents an acceleration of eight tenths compared to that registered in August, although it is one tenth below the…

European Union will improve bank dissolution

The Ministers of Economy and Finance (Ecofin) gave the green light to the prudential regulatory framework for credit institutions operating in the European Union, to improve the bank dissolution process and help ensure that these entities…

Germany is going through one of its worst crisis

The huge loss of purchasing power and high price inflation in Germany for energy are leading the economy into recession and the worst crisis of the last 50 years, While Marc Schattenberg, of Deutsche Bank Research, predicted a drop in…

Bank of England raises interest rates

The Bank of England (BoE) raised the country's interest rates to 2.25 %, which is equivalent to an increase of 50 basis points, according to the entity's Monetary Policy Committee. The British central bank's decision comes just one day…

Maduro wants to export gas to Europe

Venezuelan President Nicolás Maduro reiterated his desire that Venezuela be able to export oil and gas to the markets of Europe and the United States in order to contribute to global energy and economic stability. "We have said it, we have…

Venezuela willing to export gas and oil to the EU

Venezuela would be able to export gas and oil to countries that require it, mainly to Europe, to face the arrival of winter and the crisis generated by the suspension of supplies of these items from Russia. As will be recalled, the EU…