Worldcrunch
Luxembourg is Europe’s luxury car capital, boasting one high-end ride for every 13 residents. Luxembourgers’ love for high-powered engines remains strong, even as the crackdown on carbon emissions intensifies. Take a ride through roads where roaring engines still rule.
A complex compensation mechanism for fuel companies, currency devaluation, increased demand due to the war, logistics disruptions, and stuttering production growth have combined to trigger price rises and deepening shortages at home in the Russian energy market. That is a real risk for the war in Ukraine.
Rising fuel costs were the initial spark for rare public protests in Kazakhstan. But the violent unrest reveals widespread dissatisfaction with the authoritarian regime that has ruled the country since its independence.