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HomeEU

EU

EIB
Press

EIB and Deutsche Bank join forces to lift EU wind production

August 4, 2024 Stu Turley

  The European Investment Bank (EIB)’s €5 billion wind package kickstarted with the first €500 million counter-guarantee deal with Deutsche Bank, as part of a financial effort set to strengthen the European wind industry. The […]

LNG
International News

Pacific LNG shipping rates up, European prices jump

August 2, 2024 Mariel Alumit

Last week, Pacific rates experienced a $5,500 increase and Atlantic rates decreased. “Spark30s Atlantic rates continued to decrease for the fourth consecutive week, falling by $1,250 to $73,750 per day,” Qasim Afghan, Spark’s commercial analyst told LNG Prime […]

Hungary
Press

Hungary visa move stokes EU fears of Russian espionage

July 31, 2024 Stu Turley

  The European People’s Party (EPP) has raised security concerns over a decision by Hungary to ease visa restrictions for Russian and Belarusian citizens, fearing it could fuel espionage in the EU, according to a […]

Tech
Energy Crisis

Europe Is in Danger of Regulating Its Tech Market Out of Existence

July 27, 2024 Mariel Alumit

Poorly designed laws are forcing global firms to leave. In June, Apple announced a new product called Apple Intelligence. It’s being sold as a new suite of features for the iPhone, iPad, and Mac that […]

Flights
Climate Crisis

Green Extremists Disrupt European Flights For Second Day At Major Airports

July 26, 2024 Mariel Alumit

Flights at Frankfurt Airport, Germany’s busiest, were suspended temporarily Thursday as climate activists glued themselves to the ground inside the airport premises, authorities said. More than 100 flights were canceled. [emphasis, links added] Federal police […]

Russian gas
Energy Crisis

Dutch MPs sound alarm over surging imports of Russian gas 

July 26, 2024 Mariel Alumit

The latest data shows that gas shipments to the EU rose by nearly a quarter in the first half of the year Dutch Parliament members have addressed the minister of foreign affairs to express concern […]

France
Energy Crisis

Europe’s Power Prices Could Rise as France Curbs Electricity Exports

July 25, 2024 Mariel Alumit

France, the biggest net electricity exporter in Europe, plans to limit power exports to neighboring countries, which could lead to higher prices in other European power markets such as Italy, Switzerland, Belgium, and Germany. France, […]

EU
Finance

EU moves to freeze Russian assets indefinitely – FT

July 24, 2024 Mariel Alumit

The reported plan seeks to give US guarantees that the West would be able to tap into the immobilized funds for as long as needed The EU is mulling a plan to freeze Russian assets […]

Agriculture

Crowdstrike Global Tech Outage Wrecks Industries

July 22, 2024 Andy Del Prado

Daily Standup Top Stories Global Tech Outage Wreaks Havoc July 20, 2024 Mariel Alumit The disruption underscores just how reliant much of the world is on key software providers. Digital Disruption International air travel, financial services, […]

Chinese wind turbine-makers
International News

Chinese wind turbine-makers move into Europe as trade tensions flare

July 20, 2024 Mariel Alumit

  Chinese wind turbine-makers this month clinched their first order in Germany, as they build momentum in the European market and add to concern in the EU industry that it faces an existential threat. Tensions […]

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