Tag: European Union

The Reasons to Worry Just Keep Piling Up for Davos Executives

Russia’s resolve and resurrection as a world power on a par with pre-1917 Imperial Russia is only part of the woes suffered by the hapless gathering of the self-anointed elite gathered at the World Economic Forum. Another migraine is rampant inflation that may be now out of control, a global food crisis and the strong likelihood of social unrest breaking out in Europe and the United States. If attendees at this year’s World Economic Forum came to Davos worried, they left with little to comfort them.

German Government helps the needy but pensioners need not apply

The post-war German government has approved a number of measures aimed at helping the increasingly distressed population in the face of rising inflation and rising prices for food, heating and energy, Das Erste TV channel reports. However, not everyone is happy: for example, German pensioners cannot find words for disappointment and indignation, because the planned benefits will not affect them.