Europeans have seen energy bills & food prices soar due to Russia’s war in Ukraine. Energy prices have driven inflation in 19 nations that use the Euro to a record 9.9%. Price rise sparking protests & strikes that underscore growing discontent across Europe. The sharp rise in the cost of living threatens to unleash political turmoil in Europe. The saving grace - a milder-than-usual October (less demand for gas to heat homes). Energy crisis - fears of further increase in civil unrest, risk & govt instability.
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