High oil prices and geopolitical risks are driving inflation concerns, while Fortum signs a new power agreement with Google in Finland.

The entities involved

• European Central Bank →

  central bank of the European Union and the eurozone

  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
  • ECB has established swap line arrangements with central banks, with the ECB President leading central bank operations.Mon 17:35
• Finland →

  country in Northern Europe

  • Finland receives increased funding and allocates funds to support Ukraine against Russia's war of aggression.Mon 16:06
  • easyJet is launching new winter routes to destinations including Finland, Hurghada, Copenhagen, Barcelona, and Berlin.Mon 15:17
• Fortum →

  Finnish energy company

  • Microsoft signed a deal with Constellation to enable the Three Mile Island relaunch, while Google signed a PPA with Fortum to extend nuclear plant life.Fri 17:10
• Google →

  American multinational technology company, a subsidiary of Alphabet Inc.

  • Google referrals for publishers declined by 36%, according to Chartbeat data.Mon 17:38
  • A global center for quantum research is located in Goleta.Mon 16:53

Related events

• The Iran conflict is driving energy costs and inflation, impacting London equities and global tech services.Sep 9
• Oil prices are influencing central bank policy decisions as banks react to global inflation and geopolitical uncertainty.Jul 27
• Central banks respond to inflation pressures amid oil price volatility and the rejection of an Iranian proposal regarding the Strait of Hormuz.Mon 11:12
• Global oil shock, driven by the Iran conflict and Strait of Hormuz closure, is driving up domestic fuel costs and forcing central banks to pivot.Jul 2
• Financial institutions and central banks are forecasting future rate hikes due to renewed hostilities in the Middle East.Sep 14