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traffic light coalition

Illustration of Chancellor Olaf Scholz next to a traffic light
by ian bremmer

Germany’s political crisis, explained

While the United States was still busy counting votes, Germany’s ruling coalition led by Chancellor Olaf Scholz suddenly fell apart last Wednesday, plunging Europe’s largest economy into chaos.

US oil companies fill their coffers
Hard Numbers

US oil companies fill their coffers

While the average American household has spent $1,100 more on gas and diesel since the start of the Iran war, oil companies have been profiting from higher fuel prices.