Rising energy prices could fuel social unrest across Europe this winter - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Europe’s wealthiest nations face rising risks of civil unrest over the winter, including street protests and demonstrations, due to high energy prices and mounting costs of living, according to a risk consultancy firm.

Demonstrators block a street in Canary Wharf during a protest outside the Ofgem headquarters, following the energy price cap announcement, in London, Britain, August 26, 2022.Demonstrators block a street in Canary Wharf during a protest outside the Ofgem headquarters, following the energy price cap announcement, in London, Britain, August 26, 2022.

Verisk’s latest report on its civil unrest index found more than 50% of the almost 200 countries covered experienced an increase in mass mobilisations risk between the second and the third quarter of 2022, the largest quantity of nations since the firm released the index in 2016. “Over the winter, it wouldn’t come as a surprise if some of the developed nations in Europe start to see more serious forms of civil unrest,” Soltvedt said.

“And we still have some of the fallout from the COVID pandemic playing into this, with existing supply chain disruptions,” chief analyst Jimena Blanco added.

 

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