The sun sets behind the coal-fired power plant 'Scholven' of the Uniper energy company in Gelsenkirchen, Germany, Oct 22, 2022. (PHOTO / AP) BRUSSELS – European countries' bill to shield households and companies from soaring energy costs has climbed to nearly 800 billion euros ($853 billion), researchers said on Monday, urging countries to be more […]
Tag: crisis
Russia’s Lavrov accuses West of contributing to Ukraine crisis
Russian Foreign Minister Sergey Lavrov speaks at his annual news conference in Moscow, Russia, Jan 18, 2023. (ALEXANDER ZEMLIANICHENKO / AP) MOSCOW – Russian Foreign Minister Sergei Lavrov said on Wednesday that the Ukraine crisis is "the result of preparations by the United States and its satellites for the start of a global hybrid war" […]
UN wants to increase aid to frontline areas of Ukraine
Ukrainian rescuers work on the site following a Russian missile strike on a local market in Shevchenkove village, Kharkiv region on Jan 9, 2023. (SERGEY BOBOK / AFP) UNITED NATIONS – The United Nations said Wednesday it aims to increase convoys carrying aid to parts of Ukraine "close to the frontlines," supporting local volunteers and […]
World faced unprecedented crisis with food in 2022
People line up for food outside a bakery in the port city of Tripoli, Lebanon, on July 27. Some people have to wait for hours for a bag of subsidized Arabic pitta bread, in short supply as an economic crisis that has lasted years has depleted state coffers. (IBRAHIM CHALHOUB / AFP) The world has […]
Britain reviews financial rules to bolster City’s global clout
Skyscrapers in The City of London financial district are seen in London, Britain, September 14, 2020. (HANNAH MCKAY / REUTERS) LONDON — Britain set out a raft of measures on Friday to bolster the City of London's role as a global financial center, under strain since Brexit ushered in new competition from Amsterdam, Paris and […]
Analysis: Europe’s energy crisis may last beyond winter
The sun sets behind the coal-fired power plant 'Scholven' of the Uniper energy company in Gelsenkirchen, Germany, Oct 22, 2022. (MICHAEL SOHN / AP) ROME – Analysts agree that the severe economic impacts of the energy crisis are being felt in almost all economic sectors in Europe, and the problems are bound to remain until […]
Report: Russia, US discuss first nuke talks since Ukraine crisis
Russian and US state flags fly near a factory in Vsevolozhsk, Leningrad Region, Russia March 27, 2019. (ANTON VAGANOV / REUTERS) MOSCOW – Russia and the United States are discussing holding talks on strategic nuclear weapons for the first time since Moscow started its special military operation in Ukraine, Russian newspaper Kommersant said on Tuesday, […]
Red Cross warns of disastrous consequences of climate change
A dog walks during a sandstorm in Iraq's southern city of Basra, on Nov 2, 2022. (HUSSEIN FALEH / AFP) GENEVA – Climate change is dramatically affecting vulnerable people across the globe, particularly those who live in conflict situations or do not have sufficient access to basic health care, the International Committee of the Red […]
Energy crisis chips away at Europe’s industrial might
The sun sets behind the coal-fired power plant 'Scholven' of the Uniper energy company in Gelsenkirchen, Germany, Oct 22, 2022. (MICHAEL SOHN / AP) LONDON – Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering – demand for natural gas and electricity both fell in the […]
IEA: Energy crisis a potential turning point to cleaner future
A thermoelectric power station works near the frozen Moskva river in central Moscow, Russia on March 11, 2021. (YURI KADOBNOV / AFP) PARIS – Today's energy crisis is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system, according to World Energy Outlook 2022 […]
EU to provide €500m for Western Balkans to tackle energy crisis
North Macedonia's Prime Minister Dimitar Kovacevski (right) shakes hand with President of the European Commission Ursula von der Leyen after they delivered a press conference in Skopje, on Oct 26, 2022. (ROBERT ATANASOVSKI / AFP) SKOPJE – The European Union (EU) will provide 500 million euros ($504 million) in grants for the Western Balkan countries […]
US urged to end blame game on oil
Saudis made scapegoats for energy policy shortcomings, analysts say File photo shows the White House and a stop sign in Washington DC, the United States. (PHOTO / XINHUA) The United States should stop the blame game over energy supplies and instead take a hard look at its own policies in the sector, analysts say in […]
US urged to stop blame game over OPEC+ output cut
This picture taken on Dec 11, 2019, shows a view of a refinery at the Jubail Industrial City, about 95 kilometers north of Dammam in Saudi Arabia's eastern province overlooking the Gulf. (GIUSEPPE CACACE / AFP) The United States should stop the blame game and instead take a hard look at its own energy policies, […]
Report: Trump administration impeded federal response to COVID-19
Medical workers treat patients in the COVID-19 ward at the US Department of Veterans Affairs Boston Healthcare system campus and medical center in West Roxbury, Massachusetts on Jan 11, 2022. (JOSEPH PREZIOSO / AFP) WASHINGTON – A US congressional panel released a new report on Monday detailing efforts by the Trump administration to politicize federal […]
EU leaders pledge to further coordinate energy policies
Czech Prime Minister Petr Fiala attends a press conference after an informal summit of the European Union in Prague, the Czech Republic, on Oct. 7, 2022. (LIAN YI / XINHUA) PRAGUE – European Union leaders said on Friday at an informal summit here that they are still working on coordinated energy policies for the bloc's […]
‘Time is up’: Nations trapped in climate crisis raise alarm at UN
Vanuatu's president, Nikenike Vurobaravu addresses the 77th session of the United Nations General Assembly at UN headquarters in New York City on Sept 23, 2022. (BRYAN R. SMITH / AFP) UNITED NATIONS – Countries on the front lines of the climate crisis are fed up. During the annual gathering of world leaders at the United […]
‘Time is up’: Countries trapped in climate crisis raise alarm at UN
Vanuatu's president, Nikenike Vurobaravu addresses the 77th session of the United Nations General Assembly at UN headquarters in New York City on Sept 23, 2022. (BRYAN R. SMITH / AFP) UNITED NATIONS – Countries on the front lines of the climate crisis are fed up. During the annual gathering of world leaders at the United […]
Europe’s vegetable farmers warn of shortages amid energy crisis
A customer pays for vegetables at the Maravillas market in Madrid, Spain, on May 12, 2022. (MANU FERNANDEZ / AP) BOUVINES, FRANCE – Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year he may abandon his crop because of the crippling energy costs required to freeze […]
UN envoy sees opportunity to end political crisis in Sudan
Volker Perthes, UN Special Representative to Sudan and head of the United Nations Integrated Transition Assistance Mission in Sudan, speaks during a meeting of representatives of the tripartite mechanism in the Sudanese capital Khartoum on June 8, 2022. (ASHRAF SHAZLY / AFP) UNITED NATIONS – The top UN envoy for Sudan on Tuesday saw an […]
Truss appointed as Britain’s PM, Johnson bows out
Britain's Queen Elizabeth II, left, welcomes Liz Truss during an audience at Balmoral, Scotland, where she invited the newly elected leader of the Conservative party to become Prime Minister and form a new government, Sept 6, 2022. (JANE BARLOW / POOL PHOTO VIA AP) LONDON – Liz Truss took over as British prime minister on Tuesday, […]