Europe's wealthiest nations face rising risks of civil unrest over the winter, including street protests and demonstrations, due to soaring energy prices and mounting living costs, a risk consultancy firm says
Russia's offensive in Ukraine since February 24 has accelerated food and energy prices, with Europe finding itself at the centre of the fallout.
Both Germany and Norway are some of the developed economies experiencing disruptions to everyday life because of labour actions, a trend already seen in the United Kingdom, Verisk Maplecroft's principal analyst Torbjorn Soltvedt told the Reuters news agency.
"Over the winter, it wouldn't come as a surprise if some of the developed nations in Europe start to see more serious forms of civil unrest," Soltvedt said.Russia's offensive in Ukraine since February 24 has accelerated a rise in food prices, which hit an all-time record in February and again in March. Energy prices also rose sharply with Europe finding itself at the centre of the fallout.
Devastating droughts and low water levels connected to the climate crisis in many parts of the world have exacerbated high food and energy prices.
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