Russia Disconnects Finland’s Gas Flows Over Payments Dispute
Summary Finland is the latest country to stop receiving Russian gas Gazprom asking for payment in roubles; Finland refuses The move comes at the same time as Finland applying to ...
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Tag: Europe
By Dragon’s Rock, Global Policymakers Plan How To End Stagflation
The world's top finance ministers and central bankers meeting around Germany's Dragon's Rock on May 19 have their beast to kill: stagflation. The Group of Seven financial leaders is coming ...
Allianz To Pay $6B Fine In U.S. Fraud Case, Fund Managers Indicted
Germany's Allianz SE (ALVG.DE) accepted to pay over $6 billion and its U.S. asset management unit accepted charges of criminal securities fraud over the collapse of a group of investment ...
Deutsche Bank Not Funding Contentious African Oil Pipeline
Deutsche Bank (DBKGn.DE) is not funding a pipeline in Africa that environmental campaigners have said will displace thousands of families and disturb nature reserves, a person familiar with the matter ...
Russia Retaliates By Imposing Sanctions on European Gazprom Units
While the European Union fails with its Russian oil embargo and back down on some sanctions, Russia has sanctioned EuRoPol Gaz S.A., owner of the Polish portion of the Yamal-Europe ...
Europe’s Junk CDS Hint At More Credit Pain Coming Up
The cost of reducing exposure to the bonds of junk-rated European companies has risen in recent weeks and the sell-off on the bonds themselves is approaching. That is a sign ...
High UK Inflation Could Persist For ‘Years Instead Of Months’, Economist Warns
Expert sounds alarm as Bank of England economist notes inflation ‘uncomfortably high’ amid cost of living crisis The squeeze on British households from high inflation could be larger and more ...
Proposed Digital Euro Designs Have No Privacy Options – ECB Presentation
Transactions through the European Union’s (EU) prospective CBDC may be transparent to the intermediaries, as any other non-crypto digital transactions are. Apart from the fears of government overreach that the ...
Gazprom Might Lose 30% Of Gas Exports To Europe In 2022
Kremlin-controlled Gazprom's gas exports that will be sent to Europe may fall by nearly a third in 2022 as a result of the crisis in Ukraine, rivalry with liquefied natural ...
U.S. Energy Exports See Record Week Amid Ukraine War
As countries globally continue to work to replace Russian supplies in the wake of the Ukraine crisis, the U.S. exported the most oil and petroleum products in history last week, ...