Rocketing energy costs are savaging German industry | CNN Business

Industrial production fell by 0.8% in August from the month before, according preliminary data released by the country’s statistics office on Friday. Supply chain bottlenecks caused by the coronavirus crisis and the war in Ukraine continue to weigh on producers, the office said. But energy-intensive sectors, which include chemicals, glass and metals producers, fared even worse, slumping by more than 2% from July.

According to a survey last month by the Confederation of European Paper Industries , two-thirds of paper producers on the continent have cut their production, while just over half have temporarily closed. Paper-making needs a lot of energy 24/7 to evaporate large quantities of water. Hakle, a toilet paper manufacturer in Germany, blamed soaring energy and material costs for its insolvency last month.

self inflicted

I thought Captain America 🇺🇸 the leader of the West had some sort of solution for his subordinates in the West. It's high time Europe 🇪🇺 divorces self from dependence on America and put her interests first over American interests....

StopHazaraGenocide more than 50 girls were killed by bomb explosion in kabul in kaj educational centre just because they were hazara and wanted to stand for their right to study they went school by their books but their corpses returned home.

Europe is being sacrificed on the altar of the American imperialistic adventures, forced to pay the price of this war. And all is being done by the European North Atlantic junta who rule these countries. Europe is finished

Turn on the nuclear power plants.

Because of sanctions, people wont be able to warm their bratwurst for a normal price. Anyone who is able to explain why the EU was a good idea?

Germany is destroying itself at the bidding of the US.

So all this noise of Sanctions has backfired in a spectular fashion sad.

Where the refugees Isaac Mohammed disappeared injustice, persecution, racist and corruption at Sand Andrew Egypt, Cairo, have to upload his file to the highest official of the United Nations to save him.

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Rising gas prices fuel small business concerns as Biden admin asks for Venezuela's help: 'Very frustrating'Small business owners Jason Brown and Joe Sobol shared the hurdles associated with rising fuel costs as Biden neglects domestic energy resources. This story is not true. The amount of Americans who believe Fox is a “news” channel is astounding. Fox said it themselves in court. They are an “entertainment” channel. If that’s what you call entertainment…. deceiving anyone they can. OPEC, Russia and Saudi Arabia are to blame. For months republicans said Warnock wasn’t a real Christian pastor because he believes in women’s right to privacy and bodily autonomy, her own relationship with God. Turns out republicans are just a bunch of hypocrites. Who knew?
Fonte: FoxNews - 🏆 9. / 87 Consulte Mais informação »