
Australian Gas Strike Could Put EU in Bidding War With China
Despite gas storage being filled to 90% capacity, Europe’s energy supply for winter is far from secure.

Despite gas storage being filled to 90% capacity, Europe’s energy supply for winter is far from secure.

Global turmoil and scientific advances have forced the EU Commission away from its usually cautious approach to GMO technology as campaigners blamed lobbying groups for influencing the decision.

Carbon tariffs are a keystone of the EU’s “Fit for 55” package, but they may also herald a new era of protectionism and put strain on geopolitical relations.

The proposal seeks to eliminate the existing €150 limit on importing small goods free of charges, so European customers would have to pay both sales tax and customs duties on every item in the future.

After weeks of intense negotiations, five EU countries will lift their earlier bans on Ukrainian agricultural imports.

Russia, the world’s largest wheat exporter, has threatened to restrict vital agricultural and food exports to countries deemed “friendly” to Moscow, prompting widespread concerns of a global food and migration crisis.