It has been a year and a half since the outbreak of the Govt-19 epidemic, during which time the world had to deal with the strict controls of national economies in order to protect the health of the people. Those who thought the world economy was the worst were behind them. While vaccinating the population seemed to help revive the already deteriorating economies of the states, new problems began to emerge and the world had to face other negative consequences such as the current energy crisis. TopForex looked at the economies of Europe, the UK and the US.
Europe is struggling with high energy prices and inflation
The European economy, which has recently begun to recover from the effects of the epidemic, is already facing a challenge and an energy crisis. The reason? For example, water scarcity in Scandinavia is called water scarcity. Demand for this specialty has grown significantly as a result of Europe’s green battery and the resumption of the economy. As winter approaches, experts fear supply problems, which deepens Europe’s dependence on fossil fuels. In this situation the already record price may increase further.
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