European countries are actively buying up liquefied natural gas (LNG) as an alternative to Russian pipeline supplies, depriving poorer countries that cannot compete for the fuel due to high prices, The Wall Street Journal reported on Friday. According to the publication, the price of LNG has skyrocketed 1,900% from its …
Read More »Ukraine conflict makes Germany ‘poorer’ – finance minister
Germans are already paying a price for Russia’s military campaign in Ukraine, the country’s finance minister has acknowledged. Speaking to Bild tabloid newspaper, Christian Lindner said that “the Ukraine war is making us all poorer, for example, because we have to pay more for imported energy.” In an interview published …
Read More »Poorer nations reject millions of expiring Covid vaccine doses – UN
The program to help poorer nations to vaccinate their populations against Covid-19 is facing a problem, as many donations have a remaining shelf life too short to be properly distributed, a UN official has revealed. In December alone, over 100 million doses offered to the UN’s COVAX program had to …
Read More »Millions of Britons wake up £1,040-a-year poorer as ‘temporary’ Universal Credit uplift removed, while UK economy begs for workers
On Wednesday, the temporary uplift to Universal Credit payments came to an end. The scheme provided recipients of social welfare with an extra £20-a-week throughout the pandemic; the government always said the uplift would be a temporary measure. The scheme’s end also comes a week after the government’s Covid-19 furlough …
Read More »Covid jab figures prove the EU is anything but united, with poorer countries left lagging dangerously behind
Lord knows the European Union could do with a win, so it’s no surprise that the video of a beaming European Commission President Ursula von der Leyen is all over the place as she celebrates the news that 70% of the bloc’s adults have now been fully vaccinated against Covid-19. …
Read More »Denmark to share AstraZeneca Covid vaccines with poorer nations after declaring jabs too dangerous for Danes – WHO
The WHO’s European head, Hans Kluge, revealed the plan on Thursday, a day after Denmark became the first country on the continent to permanently scrap the jabs from its vaccine rollout amid an investigation into the potential side effect of blood clots. The plan to share the vaccines with poorer …
Read More »Taxes on ‘non-essential’ foods won’t prevent obesity – but they will hurt poorer people
The Institute for Public Policy Research (IPPR) is a left-leaning think tank that has a track record of supporting state intervention in our lives. Moreover, the IPPR’s new report, The Whole Society Approach: Making A Giant Leap On Childhood Health, has been bankrolled by three charities – Cancer Research UK, …
Read More »Richest Russians because of the coronavirus “poorer” in billions of dollars
Five richest Russians in one day lost a total of nearly $6.06 billion due to the fall in the markets caused by the situation with the rapid spread worldwide of the Chinese coronavirus. As estimated by experts Forbes, co-owner of Norilsk Nickel Vladimir Potanin lost $1.4 billion (now it is …
Read More »Poorer Americans can’t afford a new car
The cost of purchasing a car can vary from city to city, but accessibility is a problem across the country According to a recent study Bankrate.com the most famous brand in USA, which is a personal financial website, “the average American living in a big city, doesn’t earn enough to …
Read More »Ukrainians for the year poorer by $ 18 billion UAH
Savings of Ukrainians in 2016 decreased by 18.4 billion UAH. The state statistics service reported that savings of Ukrainians in 2016 dropped 18.4 billion. According to the data, nominal incomes of population during this period increased by 15.4%, and disposable income, which can be used to purchase goods and services …
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