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Food prices in Germany projected to soar

Prices for food in German grocery stores will keep growing and are set to surge another 10% this year, Germany’s Handelsblatt newspaper reported on Sunday, citing the latest analysis by international insurance company Allianz Trade. In monetary terms, the surge will reportedly total €250 per person per year. The latest …

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Russian gas revenues projected to hit new highs

Russia could earn a record $100 billion from gas sales to European countries in 2022 due to the sharp rise in energy prices, French newspaper Les Echos reported this week, citing Citibank analysts. According to the paper, the projected income from gas sales will be almost twice as much as …

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