Aug 31, 2022 · Inflation for the European countries using the euro currency hit another record in August, fuelled by soaring energy prices mainly driven by Russia’s war in Ukraine. Annual inflation in the eurozone’s 19 countries rose to 9.1% in August, up from 8.9% recorded in July.
Figure 2.2: FDI flows to countries exporting oil vs countries without oil 2000-09 (billion USD, current) Figure 2.3: Foreign direct investment and portfolio investment in Africa (billion USD, current)
Aug 31, 2022 · LONDON (AP) — Inflation in the European countries using the euro currency hit another record in August, fueled by soaring energy prices mainly driven by Russia’s war in Ukraine. Annual inflation in the eurozone’s 19 countries rose to 9.1%, up from 8.9% in July, according to the latest figures released Wednesday by the European Union […]
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As of 2021, however, the euro has not displaced the U.S. dollar as primary reserve currency due to the European debt crisis which engulfed the PIIGS countries from 2009-2014.  Instead the euro's stability and future existence was put into doubt, and its share of global reserves was cut to 19% by year-end 2015 (vs 66% for the ...
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