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Europe

A collection of 154 issues

Norilsk Nickel and Rusal are unlikely to merge as long as Vladimir Potanin, the head of the company hit by British sanctions, remains a majority shareholder - Reuters

Otherwise, there is a risk of sanctions pressure on both companies. Rusal has already faced similar practices after sanctions were imposed on Oleg Deripaska.

A vote of no confidence in Boris Johnson could be announced today - Sky

The 1922 Executive Committee is likely to change the rules this afternoon, and a vote of no confidence in British Prime Minister Johnson could be announced this evening, the publication's reporters reported.

France's nuclear power industry may suffer due to drought - Bloomberg

The likelihood of reduced output at some nuclear reactors in the summer is due to the fact that the drought reduces the amount of river water available for cooling. Reduced power production, which has already occurred at one plant several times in June, will add to the strain on Europe's

Biden insulted the Saudis - U.S. president not sure he will meet with king and crown prince during trip to Saudi Arabia

Biden said that a meeting with the crown prince and the Saudi king would not necessarily be part of his agenda; his goal is much more - a summit of all Persian Gulf countries to be held in Saudi Arabia. Saudi officials found such remarks by the U.S. president

The IEA has warned that Europe must urgently prepare for a complete cessation of Russian gas exports this winter.

Birol also said that emergency measures taken by European countries this week to reduce gas consumption, such as the shutdown of old coal-fired power plants, were justified by the scale of the crisis, despite fears of rising carbon dioxide emissions.

Germany and Austria will put coal-fired CHP plants back into operation, Forbes

Previously, they were closed because of the environmental agenda, but with the reduction of Russian supplies, the environment has become a secondary concern. The corresponding bill is going through the German parliament and could come into force as of July 8. To revive the use of coal for power generation

Germany resumed issuing visas to Russians - Kommersant

Russian citizens can now apply for any type of visa to Germany through VisaMetric service and visa centers. The company notes that due to the high demand there may be delays in the implementation of procedures in the center itself. The ban on the issuance of visas to Russian citizens

Fitch: We have significantly and dramatically revised our inflation forecasts upward, especially for Europe in 2022

Energy and food supply disruptions due to the Ukraine crisis are having a faster-than-expected impact on inflation in Europe. We forecast a decline in U.S. growth to 1.5% in 2023 and 1.3% in 2024. US economic growth will slow to barely positive quarter-on-quarter from mid-2023 on the

Putting Gazprom Germania on the Russian sanctions list will cost German gas consumers €5 billion, -Welt am Sonntag.

The publication writes that the company, which is externally managed by the German Federal Network Agency, is now forced to buy gas on the market under new contracts, which are significantly more expensive than the previous ones. In the end this will result in higher prices and will fall on

Blinken strongly condemned Iran's seizure of Greek tankers

U.S. Secretary of State Anthony Blinken on Monday condemned the "unjustified seizure" of two Greek-flagged ships, Reuters reported. "Iran's continued harassment of vessels and interference with navigational rights and freedoms is a threat to maritime security and the global economy," Blinken said in a statement.