Julia Melnikova European-Chinese relations have been on pause since the end of 2020. The politicisation of interaction, caused both by objective disproportions in the development of trade and investment partnerships, and by the desire of Brussels to control the relations of member states with China, became the main …
Read More »IEA warns of gas market tightness in 2023 as Russia further reduces supplies to Europe
Global natural gas markets are set to remain tight next year, with lower gas flow from Russia to Europe, high gas prices, lower demand and the impact of energy saving measures, according to the International Energy Agency’s Gas Market Report Q4 2022 published Monday. As Russia’s curtailment of …
Read More »Commodity markets see fluctuations amid recession, inflation fears
Commodity markets have been volatile as high interest rate environment continues amid rising inflation and recession concerns. As part of efforts to rein in soaring inflation, central banks of the UK, Norway, Switzerland, Taiwan, South Africa, Indonesia and the Philippines have made aggressive interest rate hikes recently. The …
Read More »Surging CO2 prices could push up UK grocery bills by nearly $2B: Report
Grocery prices in the UK could increase by almost $2 billion due to a surge in the cost of carbon dioxide, according to a new report released on Monday. The Energy and Climate Intelligence Unit (ECIU), a UK-based non-profit advisory group, compiled research that showed huge increases in …
Read More »Eurozone manufacturing activity sees biggest contraction since June 2020
The eurozone manufacturing sector fell deeper into contraction territory as demand tumbled further and price pressures intensified, according to PMI data from S&P Global released on Monday. The Eurozone Manufacturing PMI was revised downwards to 48.4 in September from a preliminary reading of 48.5 and below 49.6 in …
Read More »More Germans seek help from food banks, charities as energy crisis worsens
More and more Germans are seeking help from food banks and charities due to record-high inflation and soaring energy bills. According to the federal food bank umbrella organization Tafel Deutschland, demand has increased compared to the previous year, with more than 2 million people now relying on food …
Read More »The latest Kissinger: Leadership and the eavesdropping on history
Amr Ababakr In the first lines of the introduction to his most recent book, Leadership: Six Studies in World Strategy, which was released this summer in the Penguin Random House Publishers in New York; Former US Secretary of State Henry Kissinger seems unintentionally, of course, to hand his …
Read More »How shipping can contribute to a more sustainable future
This year’s theme – ‘New technologies for greener shipping’ – promotes innovation and solutions that support a transition in the sector. Maritime transport represents more than 80 per cent of global trade, UN Secretary-General António Guterres said in his message for the Day. Meanwhile, the war in Ukraine …
Read More »Our Case for Investment in Education is Our Case for Humanity
Yasmine Sherif As world leaders gather at this year’s UN General Assembly and work to make good on commitments outlined at the Secretary-General’s Transforming Education Summit, we are calling on all of them to put education – especially for the 222 million crisis-impacted children that are in need …
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