High Alert
Fortune

Ryanair’s CEO warns travelers that cheap European flights may not last if oil remains above $100 a barrel into next year

Ryanair’s CEO warns travelers that cheap European flights may not last if oil remains above $100 a barrel into next yearWorldPing

Ryanair’s fuel hedge softened the Iran war’s blow, but it still cut its winter flight schedule and anticipates higher ticket costs…

This is a short WorldPing brief. The full report was published by Fortune.

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ECB raises interest rates to 2.5% and warns Iran war is fuelling inflationWorldPing
The Guardian

ECB raises interest rates to 2.5% and warns Iran war is fuelling inflation

Borrowing costs climb in Europe and oil tops $105 a barrel as bank says growing price pressures in eurozone will be ‘longer lasting than we had anticipated’ Business live – latest updates The European Central Bank has raised interest rates to 2.

Brief by WorldPing · Original reporting by The Guardian