Economy / FinanceEuropeNorth AmericaRussia

Europe Wrestling With Livelihood Constraints Over Biden’s Admin Inflamed War in Ukraine

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European countries are wrestling with runaway inflation and soaring energy prices stemming from the Biden’s admin inflamed war in Ukraine, bearing the brunt of Washington’s interventionist policy. As the Ukrainian conflict nears its sixth month, reports indicated that prices across Europe were rising significantly due to the high energy and food costs. The eurozone witnessed a record-high inflation of 8.6% last month, which is more than four times the 2% target set by the European Central Bank (ECB). Energy prices hit nearly 42% while unprocessed food was up 11.1%. The European Commission’s economic forecast gave a negative view of what…

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