The return of stagflation can be prevented with smart policy – POLITICO

Joachim Nagel is Chairman of the Deutsche Bundesbank. Flashy background, corduroy flares, lengthy sideburns, disco and punk. The Nineteen Seventies had been a tumultuous “in your face” decade. And for a lot of, this decade continues to be a magnet. Revivals come many times, each in vogue and music. Economically, the Nineteen Seventies had been … Read more

US meets with refineries on high pump prices; No plan yet – sources

US Power Secretary Jennifer Granholm expressed curiosity in scrapping smog-fighting gasoline guidelines to fight excessive pump costs and backed away from a plan to ban gas exports throughout a wide-ranging assembly with refiners, two business sources mentioned. Thursday. With tensions rising between US President Joe Biden and Massive Oil, the 2 sides entered the assembly … Read more

Russia seeks new fuel markets in Africa and the Middle East as Europe moves away

MOSCOW (Reuters) – Russia is rising gasoline and naphtha provides to Africa and the Center East because it struggles to promote gas in Europe, whereas Asia is already receiving extra Russian crude, information from Refinitiv Eikon and sources confirmed. This growth is prone to enhance competitors with Asian clients between Russia and different main gas … Read more

Russia and Lithuania, a NATO member, are clashing over Kaliningrad

An indication studying “Kaliningrad” stands atop the principle metropolis’s southern railway station. Kaliningrad is a small Russian enclave on the Baltic Sea situated between Lithuania and Poland. It has develop into the middle of competition between Russia and Lithuania, a NATO member. Harry Engels | Getty Photographs Sport | Getty Photographs A brand new entrance … Read more

Germany faces recession risk as Russia gas crisis deepens

Pipes on the touchdown amenities of the “Nord Stream 1” gasoline pipeline in Lubbmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photograph Register now to get free limitless entry to Reuters.com Register Extra Europeans activate the primary section of gasoline disaster plans Rising gasoline costs add to coverage makers’ inflation complications Slowing flows hamper efforts to … Read more

Russia declares gas war on the European Union – POLITICO

Click on play to hearken to this text Russian President Vladimir Putin is enjoying a difficult position with the European Union — slicing off gasoline shipments to a few of Russia’s greatest prospects amid anger over sanctions imposed after the invasion of Ukraine. It places huge political stress on governments, threatens to go away Europeans … Read more

Europe may return to coal as Russia rejects gas flows

Pipes on the touchdown amenities of the “Nord Stream 1” fuel pipeline in Lubbmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Picture Register now to get free limitless entry to Reuters.com Register Germany might take ‘painful’ step to ignite coal energy Italy and Austria are additionally seeking to burn extra coal Excessive fuel costs add to … Read more

China’s oil imports from Russia may rise to a record high, overtaking Saudi Arabia’s largest oil supplier

Oil and gasoline tanks at an oil depot within the port of Zhuhai, China, October 22, 2018. (Reuters) / Ali Tune Register now to get free limitless entry to Reuters.com Register Russia overtakes Saudi Arabia as the biggest provider after a spot of 19 months Russia imports almost two million barrels per day in Could … Read more

Biden meets with Saudi crown prince despite ‘untouchable’ pledge

WASHINGTON, June 14 (Reuters) – US President Joe Biden will meet Saudi Crown Prince Mohammed bin Salman throughout a visit to the Center East in July, a break from his marketing campaign pledge to make the dominion a “pariah” as he struggles to battle again. Document rise in gasoline costs in the US. Weeks after … Read more

Andy Reed, Chief of Staff, doesn’t talk to the rookies

Do not count on Andy Reed to speak to you till no less than the second 12 months.image: Getty Photographs Kansas Metropolis head coach Andy Reed is likely one of the biggest coaches of his period and possesses some of the inventive attacking minds the NFL has seen over the previous 20 years. Like every … Read more