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The Winter of Discontent was the period between November 1978 and February 1979 in the United Kingdom characterised by widespread strikes by private, and later public, sector trade unions demanding pay rises greater than the limits Prime Minister James Callaghan and his Labour Party government had been imposing, against Trades Union Congress (TUC) opposition, to control inflation.
Natural gas power. Coal power. In February 2021, the state of Texas suffered a major power crisis, which came about during three severe winter storms sweeping across the United States on February 10–11, [ 6 ] 13–17, [ 7 ] and 15–20. The storms triggered the worst energy infrastructure failure in Texas state history, leading to shortages ...
The UK government inherited a "dire economic situation" from the Conservatives, Welsh secretary claims. ... the decision by Sir Keir Starmer's new Labour government to cut winter fuel payments for ...
Caused a volcanic winter that dropped temperatures by 0.4–0.7°C (or 0.7–1°F) worldwide. 1816 is known as the Year Without a Summer because of severe climate abnormalities that caused average global temperatures to decrease by 0.4–0.7 °C (0.7–1 °F). [1] Summer temperatures in Europe were the coldest of any on record between 1766 and ...
A winter bomb cyclone replete with heavy snowfall, sharp temperature drops, and high winds will come with significant costs, and the timing could not be worse as millions of Americans hit the road ...
The Winter Economy Plan was a statement from the British Government, or mini-budget statement, delivered on 24 September 2020 by Rishi Sunak, the Chancellor of the Exchequer. It succeeded the summer statement held earlier in the year, and was a partial replacement to the cancelled budget scheduled for the Autumn .
A global energy crisis began in the aftermath of the COVID-19 pandemic in 2021, with much of the globe facing shortages and increased prices in oil, gas and electricity markets. The crisis was caused by a variety of economic factors, including the rapid post-pandemic economic rebound that outpaced energy supply, and escalated into a widespread ...
45–60. This box: view. talk. edit. In economics, Kondratiev waves (also called supercycles, great surges, long waves, K-waves or the long economic cycle) are hypothesized cycle-like phenomena in the modern world economy. [1] The phenomenon is closely connected with the technology life cycle. [2] It is stated that the period of a wave ranges ...