
Originally Posted by
MOZZER2
more of the same this week
France's glass manufacturer Duralex suspends operation for 5 months due to surging electricity bills.
"Our bill (for gas and electricity) has gone from 3 to 13 million euros per year, or 46% of our turnover," the CEO of Duralex said.
Eurozone manufacturing falls to lowest level since early 2020
Turkey's annual inflation rate rose to 85.5% in October, the highest in 25 years.
U.S. Federal Reserve hikes rates by 0.75% to 4.00% — the highest level since January 2008.