In its battle to control inflation, the bank raised its key interest rate to the highest level on record but suggested that rates have reached their peak.
Category: Europe
-
The Belarus Free Theater Is Also a Support Network for Exiles
The leaders of the Belarus Free Theater, who fled the country more than a decade ago, are helping more recent refugees to rebuild their lives while putting on a new show.
-
European Union Will Investigate Chinese Subsidies of Electric Cars
The European Commission president, Ursula von der Leyen, announced the inquiry amid growing concern about China’s dominance over electric vehicles.
-
Europe Rushes to Build Defenses But With Little Consensus on How
A push by more than 30 allied countries to arm themselves, precipitated in part by Russia’s invasion of Ukraine, has raised concerns of disorganization and supply shortages.
-
Investors Feel Anxious Despite Falling Odds of a Recession
Some economists are playing down the chances of an economic downturn. But investors and voters aren’t feeling nearly as optimistic.
-
Chinese Cars Star at Munich Auto Show, Underscoring German Economic Woes
China, an electric-vehicle juggernaut, will have at least seven brands on display, while Germany’s automakers are now a drag on their home economy.
-
Here’s How People Are Returning to the Office Worldwide
A city’s density, the size of people’s homes and cultural norms are among the factors that affect hybrid work patterns.
-
In Spain, Illegal Pot Farms Are Being Blamed for Blackouts
Spain’s largest electricity company says daily power outages are caused by indoor marijuana farms that overload the grid. “Easy excuse,” residents reply.
-
Lily Allen’s Second Act
The British singer, now sober, has a new life in New York, and a new string to her bow: acting.
-
Iced Coffee and Flip-Flops as Europe Broils? Not So Fast, Americans.
As large numbers of U.S. tourists visit Europe during a record hot summer, their efforts to stay cool are running up against cultural norms.