The energy crunch. Germany set out a 200000000000. 00 euro package on thursday to tackle Rising Energy costs, including a gas price cap. But it is unclear of this latest move by the use. Energy ministers can turn the tide of exploding Energy Prices just over a year ago in august 2021, one megawatt hour cost, around 83. 00 euros on the european market. Now its tough to 464. 00 euros. The jump was caused by the massive increase in natural gas prices, which is a critical fuel for european power plants. According to figures of the organization for Economic Cooperation and development, we see d. The price, a spike in natural gas is the main factor driving Energy Costs Higher across the market. While the price of running natural gas power plants is on the rise. The production costs for renewables remain largely unchanged. But businesses and consumers are still paying higher prices for power produced by environmentally friendly sources, resulting in large profits for energy firms. All right,
Little guy that is the 77 percent the platform with, you know, all these channels. We are not afraid to. Young people clearly have the solution, the future, the 77 percent every weekend on d w ah, it could be one of the most expensive storms in us history. And its not done yet. We look at the massive clean up left by Hurricane Ian as it cut a swath through florida. And now the eastern United States also on our show 1st, it couldnt get enough merchandise and its stores. Now its sitting on too much inventory. We look at the pandemic was faced by nike and its not just the Retail Industry this feeling. The pandemic pain, restaurants need workers, but many are looking elsewhere. Hello and welcome to the show. Im seeing beardsley in berlin, damaged roads, electric lines, and bridges, ruined homes and cars, flooded farm lands. Hurricane ian is poised to be one of poised to be one of the most expensive us storms in history. Now fits ratings has an early estimate of 40000000000. 00 in damage an