First Move with Julia Chatterley cover image

First Move with Julia Chatterley

Inside the EU's emergency gas conservation deal

Jul 26, 2022
47:35

In today's show we explore two big drivers of global economic growth: energy and the consumer. Europe's energy ministers meeting in Brussels were forced to agree on an emergency gas conservation deal just hours after Russia announced that the gas flow through the Nord Stream pipeline will be cut once more. Meanwhile, US consumers are running out of a different kind of gas. The nation's biggest retailer, Walmart, cut its full-year guidance citing households' weakened state, while consumer products giant Unilever says it's been forced to hike prices by 11% due to an "unprecedented cost landscape."

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