#articleBody.article__body__new-york-times-opinion div.author-byline { position: relative; display: block; font-size: 1rem; line-height: 1.3em; color: black; font-style: italic; margin-top: 10px; margin-left: 15px; } #articleBody.article__body__new-york-times-opinion div.author-byline::after { content: ‘Opinion / The New York Times’; position: relative; display: block; font-size: 1rem; line-height: 1.3em; color: black; font-weight: bold; font-style: italic; margin-bottom: 10px; margin-top: 5px; } . Not only for Ukraine but […]
Tag: Europe
Bloomberg: The European policy of subsidizing electricity bills is at an impasse
European governments have already set aside about 280 billion euros to cushion the impact on businesses and households from soaring energy prices, but the aid risks deepening the crisis, according to Bloomberg. With Russia curbing natural gas deliveries and power plant outages further squeezing supply, wholesale energy prices have soared to more than 10 times […]
Russian coal exports stopped due to European sanctions
Russian coal exports have effectively ground to a halt due to the European Union’s ban on entities within the bloc servicing shipments of the commodity anywhere in the world, according to Bloomberg. Suek JSC, Russia’s biggest thermal coal miner, has been unable to ship supplies since mid-August, according to people familiar with the situation who […]
Iran aims to replace Russian oil in the European market
Iran aims to fill the gap left behind by Russia in the European oil market if the country can secure an agreement with world powers over its nuclear program, Bloomberg reports. Iran’s state oil producer will try to win back customers in countries including Greece, Italy, Spain and Turkey if sanctions targeting the country’s energy […]
Iran aims to replace Russian oil in Europe
Iran aims to fill the gap left behind by Russia in the European oil market if the country can secure an agreement with world powers over its nuclear program, Bloomberg reports. Iran’s state oil producer will try to win back customers in countries including Greece, Italy, Spain and Turkey if sanctions targeting the country’s energy […]
Reuters: As the war in Ukraine continues, the European financial crisis intensifies
It was expected to be a good year for Europe. A post-pandemic consumer euphoria, supported by abundant government spending, was expected to boost the economy and help households regain a sense of normalcy after two dire years, Balazs Koranyi reports for Reuters. But all that changed on February 24 with the Russian invasion of Ukraine. […]
Turkey: The ‘most wanted bride’ will not marry anyone
The developments in the region and the geopolitical game of Ankara, which is still “playing” on different tables, are forming new data. Occupying Turkey is trying to become the most “wanted bride”, who holds many strings and will never… get married! It maintains open channels of communication with the USA, Russia, Ukraine, Brussels, develops partnerships […]
DW: Macron wants to be a shaper of Europe
The French president may be in trouble after losing his parliamentary majority – but his will to shape Europe remains unwavering. French President Emmanuel Macron, like many of his compatriots, spends August on the beaches. Relaxing in a canoe, he was photographed on the Cote d’Azur near the presidential summer residence. But Macron, who was […]
Gazprom: Nord Stream 1 will be closed for three days at the end of August ‘due to maintenance’
LAST UPDATE: 19.44 The Nord Stream 1 pipeline, which carries natural gas from Russia to Europe, will be shut down from August 31 to September 2 for maintenance work, Russian energy giant Gazprom announced on Friday, according to Russian news agency Ria Novosti. After the maintenance work is completed, flows of 33 million cubic meters […]
New record for German electricity
German energy prices rose to a new record, putting more pressure on industrial production and households facing a cost-of-living crisis, according to Bloomberg. Rising gas and coal prices and little sign of relief for Europe’s electricity infrastructure are pushing electricity higher. All this threatens the future of Germany’s industrial regions. This week’s prices are “unbelievable,” […]
