EU ministers insist it’ll work despite Kremlin’s opposition
G7, the EU and Australia implemented on December 5 a cap on Russian oil prices. Market players have doubts the measure will be effective. Bloomberg | Bloomberg | Getty Images…
Global News Aggregator
G7, the EU and Australia implemented on December 5 a cap on Russian oil prices. Market players have doubts the measure will be effective. Bloomberg | Bloomberg | Getty Images…
Russia’s President Vladimir Putin Contributor | Getty Images News | Getty Images The European Union on Friday agreed to cap Russian seaborne oil prices at $60 a barrel, after several…
U.S. President Joe Biden and Emmanuel Macron, France’s president, met at the White House. Bloomberg | Bloomberg | Getty Images The United States has stepped up its heavy rhetoric against…
European oil sanctions are due to kick in on December 5. The idea is to reduce oil revenues for Russia given its war in Ukraine. Andrey Rudakov | Bloomberg |…
Christine Lagarde, president of the European Central Bank speaks at an event. The central bank is due to meet in mid-December for more monetary policy decisions. Bloomberg | Bloomberg |…
Markets track the latest inflation data out of the euro zone ahead of a new ECB meeting. Julien De Rosa | Afp | Getty Images Inflation in the euro zone…
EU energy ministers fail to agree on a cap for natural gas prices. New emergency meeting due in mid-December. Kenzo Tribouillard | Afp | Getty Images BRUSSELS — European energy…
Commissioner for energy Kadri Simson is talking to media. EU countries are debating new steps to deal with the energy crisis. Thierry Monasse | Getty Images News | Getty Images…
BRUSSELS — Elon Musk’s idea for a subscription model to pay for Twitter’s sought-after blue check is “completely flawed,” Europe’s competition chief told CNBC Wednesday. “If you have imposter accounts,…
The euro zone economy is heading towards a recession, according to several economists. Daniel Roland | Afp | Getty Images The euro zone is expected to plunge into recession in…