According to German media on 14/10, Germany wants households and industry to jointly fund a 3 billion euro emergency gas reserve of 24 TWh, equal to 10% of Germany's storage capacity. The Economy Ministry's original proposal to fund it through consumer and industry levies stalled after coalition lawmakers rejected it, citing already high energy costs, though the ministry is reportedly still pursuing funding entirely from consumers. Starting October 2027, households would pay an extra 3.77 to 7.20 euros a year on gas bills, with total annual costs of 247 to 308 million euros, split 40% for households and commercial users and 60% for industry. The draft still needs government approval and parliamentary passage, and the Greens criticized that the costs would hit people directly.
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Original headline: Đức sắp áp thuế năng lượng mới lên người tiêu dùng
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U.S. consumers face tighter holiday budgets as tariffs and energy costs push prices up. Toy prices rose 6.6% over the past year and 4.2% from August on a seasonally adjusted basis, faster than other consumer categories in the latest CPI report. China makes most toys sold in the U.S., and many are made with fossil-fuel-based plastics, so changing tariff policies and higher oil prices linked to the Middle East war add to costs. David Silverman of Fitch Ratings said the Iran conflict's impact on commodity and shipping costs will persist for several quarters. Basic Fun CEO Jay Foreman said current prices still reflect earlier, higher tariff rates, and that lower tariffs would reduce toy prices over time if other global issues ease.
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