LAST UPDATE: 15:47 European energy prices are “jumping” by 21.24%, with the megawatt hour currently hovering at 145.90 euros, following the intensification of the “energy war” by Russia, which reduced supplies through a larger connection with the continent in less than half the usual quantities, as reported by Bloomberg. Supply cuts are hitting Europe, with […]
Tag: Europe
‘Jump’ for European gas – Over 135 euros per megawatt hour
LAST UPDATE: 16:59 European energy prices are “jumping” by 13.65%, with the megawatt hour currently hovering at 136.75 euros, following the intensification of the “energy war” by Russia, which reduced supplies through a larger connection to the continent. in less than half the usual quantities, according to Bloomberg. Supply cuts are hitting Europe, with Engie, […]
The European smartphone market fell by 12% in the first quarter
The European smartphone market fell 12% in the first quarter of the year, recording the lowest shipments in this period for almost a decade, according to a report by Counterpoint Research, as reported by Reuters. The decline was the result of continuing component shortages, lockdowns due to a coronavirus pandemic in China, deteriorating economic conditions […]
US extends exemption from European energy sanctions on Russia
The US government will continue to allow Russian energy-related transactions until December, not until the end of June as expected, to give European countries time to reduce their imports, as they recently decided to impose a progressive embargo. . The US Treasury Department “renewed its approval for energy-related transactions to bring our arrangements into line […]
The West’s energy war with Russia requires sacrifices
By Liam Denning Although Russia and Western countries are avoiding a real-life war for Ukraine, they have already entered an energy war. The initial skirmishes take the form of selective interruptions in energy flows and the imposition of sanctions on Russian supply. However, there is a distinct gap between the rhetoric of war and the […]
In the ‘deep red’ European markets for fear of rising interest rates
European markets started the week with significant losses, continuing at the downward pace of last Friday, as the prospect of raising interest rates by the European Central Bank hurts the investment psychology. The European Central Bank (ECB) announced on Thursday that it was beginning to tighten its monetary policy, announcing its first steps, announcing its […]
Fears of a recession are sinking European markets
LAST UPDATE: 14:53 European markets recorded a sharp decline in the first session of the week, as the continuing inflation raises fears that central banks will move more aggressively to “tame” it with the risk of leading economies into recession. The European Central Bank (ECB) announced on Thursday that it was beginning to tighten its […]
The European Parliament is calling for a targeted regional policy for the European islands
A resolution on “Islands and Cohesion Policy: Current Situation and Future Challenges” was recently adopted by the European Parliament with 577 votes in favor, 38 against and 10 abstentions. MEPs warn that the social, economic and environmental challenges facing the EU islands require targeted, sustainable and effective regional policies and actions for the islands, which […]
Alexander Stump: We must ‘invent a European confederation’
Former Finnish Prime Minister Alexander Stump, now director of the School of Intergovernmental Governance at the European University of Florence, told the Figaro newspaper that the “radical change” caused by Putin’s attack on Ukraine in the historic NATO, but also on the serious issue of EU enlargement, while arguing that Europeans must reinvent the concept […]
The European markets closed in the ‘red’ on the eve of the ECB
European stock markets ended Wednesday with losses, with investors wary of tomorrow’s important meeting of the European Central Bank, where it is expected to announce the start of interest rate hikes from next month, as well as data on the stock market. USA on Friday. The ECB has already said bond markets should be completed […]
