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Italy Is Haunted by the Pain of Past Economic Crises

TREVISO, Italy — In the flat plains of Italy’s Veneto region, in a small town about 20 miles north of Venice, Antonio Carpenedo has been developing unusual methods of making […]




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Global Central Banks Ramp Up Inflation Fight

Central bankers around the world are lifting interest rates at an aggressive clip as rapid inflation persists and seeps into a broad array of goods and services, setting the global […]




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Economy Is at Risk of Recession by a Force Hiding in Plain Sight

This past week brought home the magnitude of the overlapping crises assailing the global economy, intensifying fears of recession, job losses, hunger and a plunge on stock markets.At the root […]




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Euro Hits Parity With U.S. Dollar for First Time in 20 Years

Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia and a growing risk of recession, the pressures bearing down on the […]




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Weakened Euro May Become Equal to the U.S. Dollar

The list of ailments troubling the eurozone economy was already stark: the highest inflation rate on record, energy insecurity and increasing whispers about a recession. This month, another threat emerged. […]




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Russia-Ukraine War Is Reshaping How Europe Spends

Nicolae Ciuca spent a lifetime on the battlefield before being voted in as prime minister of Romania four months ago. Yet even he did not imagine the need to spend […]




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Workers in Europe Are Demanding Higher Pay as Inflation Soars

PARIS — The European Central Bank’s top task is to keep inflation at bay. But as the cost of everything from gas to food has soared to record highs, the […]