EU finalises compromise deal to cut gas usage ahead of winter July 26, 2022 EU member states have settled on a diluted emergency plan to curb gas demand this winter in case Russia turns off the taps this winter.
Russia prepared to re-route gas flows if punished with sanctions February 16, 2022 Russian finance minister Anton Siluanov has warned the country could shift supplies to other markets if it is hit with sanctions.
Angry EU suspends trade talks with Australia after £48bn submarine row October 1, 2021 The European Union said this morning it is suspending trade talks between the bloc and Australia following a dispute over Canberra’s decision to cancel a multibillion-euro submarine deal with France. Miriam Garcia Ferrer, the EU commission spokesperson in charge of trade, confirmed the decision but did not give any specific reason for the postponement. The [...]
Johnson’s plans for further steel tariffs are a black mark against Global Britain June 28, 2022 Boris Johnson has said he intends to extend tariffs on steel from China. This is a clear breach of WTO rules and, allegedly, was the final straw for his ethics adviser. But to Johnson this is the reasonable next step. He will also impose them on other countries, this time in line with rules from [...]
BREAKING: Angry EU suspends trade talks with Australia after £48bn submarine row – CityAM : CityAM October 1, 2021 The European Union said this morning it is suspending trade talks between the bloc and Australia following a dispute over Canberra’s decision to cancel a multibillion-euro submarine deal with France. Miriam Garcia Ferrer, the EU commission spokesperson in charge of trade, confirmed the decision but did not give any specific reason for the postponement. The [...]
Oil remains well above $90 per barrel amid looming prospect of war in Ukraine February 21, 2022 Oil remains stable with prices hovering near the seven-year highs recorded last week amid continued concerns over supply.
Truss refuses to reveal cost of living plans until she has the keys to No 10 August 30, 2022 Members of Liz Truss’s team have confirmed the Tory leadership frontrunner will not finalise her plans for crucial cost-of-living support before receiving the “full support and advice” only available to the government of the day. The public will likely be forced to wait to find out what help they will get with skyrocketing energy bills [...]
Supply security: Government holds talks with Centrica over gas storage while EU delays oil ban May 30, 2022 The government is holding talks with Centrica about re-opening a gas facility, in case European supplies from Russia are cut off.
Breaking: Brexit Deal is done and PM to address nation at 3pm December 24, 2020 A Brexit trade deal has been struck. Boris Johnson and European Commission President Ursula von der Leyen have been locked in talks for days to complete a deal. Ursula von der Leyen said at a press conference: “We have finally found an agreement. It was a long and winding road but we have got a [...]
EU hits Covid vaccination target with two shots for 70 per cent of adult population August 31, 2021 The European Commission announced today that 70 percent of the European Union’s adult population has been fully vaccinated against Covid-19, meeting a target set earlier this year. It marks an important milestone in the EU vaccination strategy after a slow start. However, it also reveals big differences amongst member states. While some nations hit well [...]