Letter volumes have halved since 2011. Without significant changes, the beleaguered Royal Mail services will become “out of date,” according to a report.
Category: Europe
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Where Are People Going This Year?
Popular spots from years past are still favorites, but 2023’s crowds and heat waves are sparking interest in alternative destinations.
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Will My Next Trip Be by Train Instead of Plane?
In Europe, Asia and the U.S., new and expanded train service is making rail a viable alternative to flying.
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Germany’s Economy Stalls Amid Falling Output and Political Bickering
The economy shrank last year and is not predicted to grow much in 2024. Farmers are angry, industrial output is falling and the government is bickering.
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Tesla Drivers in Chicago Confront a Harsh Foe: Cold Weather
In freezing temperatures, the batteries of electric vehicles can be less efficient and have shorter range, a lesson many Tesla drivers in Chicago learned this week.
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Flush With Investment, New U.S. Factories Face a Familiar Challenge
Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk.
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World Bank Warns of Energy Price Surge if Mideast War Spreads
A new economic report predicted a year of weak growth and said the world faced a decade of “wasted opportunity.”
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In Europe, a Rail Renaissance is Underway
Amid concerns about climate change, demand for rail service is strong, and both governments and private investors are trying to keep up. Even Eurostar may see competition on its London-Paris route.
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Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
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BYD, a Chinese Electric Car Giant, to Build a Plant in Hungary
The announcement underscores the threat to European and U.S. automakers posed by Chinese electric-vehicle manufacturers.
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Iceland Volcano Eruption: What to Know About Risks and Air Travel
The eruption on the Reykjanes Peninsula sent lava gushing into the night sky. Air travel did not appear to be affected.
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European Central Bank Leaves Rates Unchanged as Price Pressures Ease
Although the inflation rate has fallen to 2.4 percent, the bank said economic growth was expected to remain “subdued” in the short term.