Economics

Published: 25 February 2026 . The English Chronicle Desk. The English Chronicle Online Millions of households across Great Britain are set to see a reduction in their annual energy bills from 1 April, following a planned overhaul of the costs consumers pay for gas and electricity. The expected savings come as regulator Ofgem prepares to cut the energy price cap and the government implements changes to how policy costs are...

Published: 25 February 2026 . The English Chronicle Desk. The English Chronicle Online German Chancellor Friedrich Merz has arrived in Beijing to begin his first official visit to China since taking office, underscoring a shift in Berlin’s diplomatic and economic engagement with the Asian powerhouse. The two‑day trip, scheduled from 25 to 26 February, comes at a pivotal moment in global politics as European leaders seek to balance deep commercial...

Published: 24 February 2026 The English Chronicle Desk The English Chronicle Online As the Ukraine war enters its fourth year, a new report shows that Russia’s crude oil exports remain higher than before its full‑scale invasion in 2022, despite sanctions imposed by Western nations aimed at cutting off Moscow’s energy revenues. According to the Centre for Research on Energy and Clean Air (CREA), the volume of Russian crude oil exports...

Published: 23 February 2026 . The English Chronicle Desk. The English Chronicle Online The Conservative Party has announced a major new pledge to tackle what its leadership describes as an “unfair debt trap” for millions of British graduates, vowing to scrap high interest rates on student loans and ease the financial burden on borrowers if elected to government. The proposal was set out by Kemi Badenoch, who said the current...

Published: 23 February 2026 . The English Chronicle Desk. The English Chronicle Online The number of job vacancies in the UK has dropped to its lowest level since the COVID-19 pandemic, according to the latest labour market data. Economists say the decline reflects a combination of slowing demand, economic uncertainty, and shifts in workforce dynamics. Figures from the Office for National Statistics (ONS) show that the total number of unfilled...

Published: 23 February 2026 . The English Chronicle Desk. The English Chronicle Online Former U.S. President Donald Trump has announced plans to raise his new global tariffs to 15%, a move expected to have significant implications for international trade, domestic businesses, and consumer prices. The policy shift, unveiled during a press briefing, marks an escalation of Trump’s ongoing protectionist trade agenda, which has already reshaped relations with major trading partners...

Published: 20 February 2026, The English Chronicle Desk, The English Chronicle Online The United States has posted another staggering trade deficit figure, underscoring the limits of President Donald Trump’s tariff strategy to curb the nation’s imbalances in global commerce. Despite the administration’s aggressive levies on imported goods, new data show that the deficit remains near historic highs — particularly in the goods trade — raising questions about the effectiveness of...