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Home Business

What a sinking euro means for Europe and the US | DW Business

DW News by DW News
July 31, 2022
in Business
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What a sinking euro means for Europe and the US | DW Business
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The euro has taken a major beating against its US peer since Russia’s invasion of Ukraine in February, falling to its lowest level in 20 years. While a weakened euro should worry European consumers, US travelers visiting Europe could benefit.

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Comments 49

  1. Korn Bob says:
    3 years ago

    Weak Euro against the USD means the EU can buy LNG from the USA cheaper than buying Natural Gas from Russia 😂👍

  2. Mirković Aleksandar says:
    3 years ago

    Continental Europe has become a shoe scraper for USA. It was obvious 30 years ago. It is obvious now.
    EU needs to go nuclear in next 10 years.

  3. CautionCU says:
    3 years ago

    'The dollar hegemony is over!' also, 'The dollar is rising against basically every currency.'

  4. Jonvyakk says:
    3 years ago

    Haha Europoors

  5. wasim shaikh says:
    3 years ago

    Give her bigger desk seriously

  6. cat -.- says:
    3 years ago

    “I have student debt in dollars” wouldn’t wish that on my worst enemy

  7. Val Martin - Real True Education says:
    3 years ago

    Europe planned to power its industry with wind turbines and solar panels and dispense with fossil fuel. That plan is now being put to the test.

  8. Demelash Ambushe says:
    3 years ago

    Watching this video I understand that the world is so unfair. People are moaning about the parity of currencies, we work so hard on the other side of the world and when we travel to these areas we just give away 50 of our currency for 1USD.

  9. Rick3y Rick3y says:
    3 years ago

    Couldn't be happier 😊 much love great Britain.

  10. Emmett Micah says:
    3 years ago

    TRADING CRYPTOS HAS NOT BEEN GOING WELL WITH, I HAVE INVESTED A LOT OF TIMES AND FAILED, 😔I TRADE ON MY OWN BUT EACH TIME I KEEP LOOSING MONEY. I DON'T HAVE GOOD STRATEGIES TOWARDS THE MARKET. PLEASE CAN ANYONE PUT ME THROUGH THE RIGHT PATH??

  11. Kevin Qiu says:
    3 years ago

    Wasn’t US pushing to include Ukraine to EU. Wasn’t it also US say to Europe that they have to stop using Russian gas. Well, now Euro falls. Thanks to the big brother. Europe has been a retard since WII.

  12. a for adorable says:
    3 years ago

    I feel Euro will start to collapse in the near future. 5 years from now.

  13. Anthony Quinn says:
    3 years ago

    This is certainly bad news for all of us. Therefore, I prefer to keep my assets using GBPT. For me, this is the most reliable option right now.

  14. MrZlocktar says:
    3 years ago

    Keep sanctioning Russia, it is working.

    No, i mean it, it is actually working. Push for more.

    LMAO

  15. NBA bball Serbia says:
    3 years ago

    Sanctions had returned like boomerang, Russia is stronger than ever.
    Only way for Europe to jump back is to cancel the sanctions because is it worth to have sanctions that doesn't work and the only victim is Europe here. And actually this can bring down the eurozone, if that happens bye bye EU.

  16. Tom says:
    3 years ago

    Trump was correct again! Europe is in a precarious energy position. They laughed at him two years ago, now they are crying.

  17. Sean Marshall says:
    3 years ago

    I’m not sure why the Euro is stronger than the USD? The US is by far the most innovative country in the world (by every metric), it’s one of the most productive countries in the world (far more so than the Eurozone), and it’s a 1 country government, not a massive bureaucratic government with a dozen competing interests….is it because the US government has turned on the money printing press at an astounding rate?

  18. Stacy Andrews says:
    3 years ago

    This war is only making things tougher for the average Joe, prices going crazy globally and standard of living drastically dropping, I am literally scared for the future of the economy at this point. Everyone needs to brace themselves and get financially prepared for what's coming.

  19. How To Everything says:
    3 years ago

    Why aren't the countries dumping dollars? The only country in the world that prints so much money and gets away with it and the other countries end up suffering!

  20. Engelbert says:
    3 years ago

    “What Now”? Duh. WUT?
    Only one answer. DEXIT, NEXIT, Etc. OUT of this monster EU! ‼️💩💸💸💸💸💸💸💸💸💸💸💸💸💸

  21. Engelbert says:
    3 years ago

    Back to the good old Gulden, Mark! 🌷💸💸💸💸💸💸💸💸💸💸💸💸🎬

  22. FAB-IT SolutionsTM says:
    3 years ago

    0,8 USD to 1 Euro!
    Get it right! 0.2 is not a minute amount to ignore!

  23. Silence says:
    3 years ago

    I’ve always thought the two currencies should hold the same value. They’re both economic powerhouses, roughly equal and interconnected.

  24. Sofia Smith says:
    3 years ago

    I am imagine these American were rich normal American its struggling

  25. Greg HDN says:
    3 years ago

    If anything, Putin only have pity on the EU. The EU is heading full speed into the wall with its suicidal policies.

  26. dembe pato says:
    3 years ago

    Europeans are a joke they should have declared a state of war, which would have made countries where they import goods to at least subsidize some commodities for them but they are so proud to do so.

  27. Luke Wells says:
    3 years ago

    @2:11 "I'm too old to have to pay back my US student loans…" No you're not.

  28. Contact 👉 Maskoffweb,com 👈 says:
    3 years ago

    Unbelievable, I was surprised to confirm fast PayPal flip using Maskoffweb they’re truly reliable and trustworthy

  29. Contact 👉 Maskoffweb,com 👈 says:
    3 years ago

    Unbelievable, I was surprised to confirm fast PayPal flip using Maskoffweb they’re truly reliable and trustworthy

  30. Sam Gardner says:
    3 years ago

    That will mean we will all go down together.

  31. Oinam Thoujal says:
    3 years ago

    As along as collective Europe remains a puppet of US. It's future is doom from the start.

  32. Baron Bar says:
    3 years ago

    No. It was the opposite of what you said. At the height we could buy $16 for €10.

  33. Benjamin Lucas says:
    3 years ago

    Hey Carson. Rich prick. Some people of your generation are still paying their student loans, while being lucky enough to be wading through the BS of partial lab forgiveness (for public servent,). I know multiple friends who are trying to get their loans forgiven while being over 60 or 65.

  34. john smith says:
    3 years ago

    Euro even to the US dollar. Now what? Now it keeps getting more even. Until either Russia or Europe is bankrupt. And not nominally but actually.
    Let's bet. Who gets first the riots? Russia or Europe.
    Can we see Europe disintegrates. Or maybe just as Hungary said let's shut down only the European Parliament. Let's shut only the unelected bureaucrats holding our lives hostage.
    Or Europe is ready to commit a suicide if that is going to destroy Russia. The question is if that's gonna be any helpful.
    These unelected bureaucrats. More than ten years enslaving their own people paying sky high taxes and at the end still dependent on Russia whole 70% or even more.

  35. Norman Phillip says:
    3 years ago

    I'm glad I got into crypto when I did because it’s been a turning point for me financially,been my best decision so far

  36. Eiseneuter says:
    3 years ago

    The real enemy is not Putin, it's the USA, playing puppet on a string with weak EU.

  37. We “难寻” Q says:
    3 years ago

    People with mustaches will now be banned from beer halls!

  38. mark merry says:
    3 years ago

    That's great I hope it go's down till no goo d for any think.

  39. Mills JB says:
    3 years ago

    Well who needs US imports? When you are Europeans?

  40. Nguyen Ho says:
    3 years ago

    Russia’s fault?

  41. Aad Almahgari says:
    3 years ago

    It's interesting how America is smartly destroying Europe's economy without them even realizing it. First, they printed trillions of dollars without coverage, then COVID came and Ukraine war and inflation increased. Again, America increases interest rates in a way Europeans can't do, so America will attract investments from Europe and other countries. After, all they lose is priceless uncovered papers called dollars. It is sad that Germany's economy doesn't deserve this I think.

  42. Fanjan says:
    3 years ago

    Things aren't getting more expensive, the currency is simply catching up to the value of the products because there is more currency int he system.

  43. Sasa Kocka says:
    3 years ago

    US is obviously sucking the blood of Europe…sadly

  44. Gofferry Ben says:
    3 years ago

    Even with the current dip in crypto currency's, I'm still glad I can smile ☺️ back at my portfolio of $109,700 built from my weekly trade, I'm having my fourth withdrawal in 10 business days ☺️

  45. atheism cult says:
    3 years ago

    Let these European sucker's suffers too what others suffering

  46. LuK LUK says:
    3 years ago

    Corporations use Forex market to hedge against currency moves.
    So what is the problem?

  47. Wilbur says:
    3 years ago

    Nancy Pelosi trip to Taiwan challenged who is the paper tiger. It is extremely irresponsible and selfish. She care more her political legacy than the risk of provoking WW3.😊

  48. Sam A says:
    3 years ago

    The US and Russia are laughing at Europe right now

  49. Elangbam says:
    3 years ago

    The end of Euro centric world has already begun

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