Could Europe’s drought worsen its cost-of-living crisis? | Business and Economy

From: Counting the Cost

Rivers drying up and farmland parched. Water scarcity in Europe is affecting lives and businesses across the continent.

Scientists warn that the current drought in Europe could become its worst in more than 500 years.

Water scarcity has hit more than 60 percent of the continent from Italy to the United Kingdom. An unusually dry winter and scorching summer heat have reduced rivers to rivulets. The historic water reserve lows have forced governments to restrict supplies. That shortage is seriously affecting nearly all sectors from agriculture to the shipping industry.

Elsewhere, we look at why the recovery in youth unemployment is lagging behind.

Plus, we speak to the spokesperson for Afghanistan’s ministry of finance about the economy one year after the Taliban took power.

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