Category: NEWS

Shiploads of Natural Gas Waiting at Sea

The backup has been caused in part by current market forces and in part by Europe’s scramble to replace natural gas piped in from Russia with natural gas from other sources, primarily shipped LNG.

Macron’s Blunder On Nuclear Strikes

By showing his cards, the French president allowed the opponent to anticipate much more easily what the reactions to a new initiative would be and the risks involved.

UK: Curtains for Truss

Names of candidates to replace Truss are already floating about. These include former rival Rishi Sunak, House of Commons leader Penny Mordaunt, and even former PM Boris Johnson.

EU Inflation Keeps Rising

In September 2021, the inflation rate for the European Union was 3.4% and 3.6% for the euro zone. Today, eighteen EU member states report inflation above 10%.

Joint Investigation of Nord Stream Attacks Called Off

Investigation into the sabotaged Nord Stream pipelines are turning into a race for evidence after Sweden pulled out of an earlier agreement on forming a ‘Joint Investigation Team’ with Denmark and Germany.

Liz Truss Apologises for “Mistakes”

Many in Truss’ own party are disenchanted with her already, upset by her swift U-turn in replacing Kwarteng with Hunt, and are considering ways of ousting her as quickly as possible.