The IMF has imposed significant surcharges on countries that have had to undertake large borrowings and are unable to pay their debts back quickly. These surcharges are pro-cyclical financial penalties imposed on countries precisely at […]
Water levels at a chokepoint on the Rhine have fallen to a seasonal low, hampering shipments of diesel inland from Europe’s oil-trading hub. Europe’s busiest commercial waterway is being closely watched after dryness last summer […]
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