Business And Economy News

“Financial Times” Talks About “An Immediate Blow To The British Economy”

An Immediate Blow To The British Economy

British Economy A potential EU ban on Russian oil and gas imports could cause economic disruption across Europe and cost the UK around £70 billion in losses. According to the Financial Times on Friday, this assessment was presented by Britain’s finance minister, Rishi Sunak, at a meeting of the UK Cabinet held last week. The …

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Sanctions Against Chelsea Owner Abramovich And His Yacht

Sanctions Against Chelsea Owner Abramovich And His Yacht

Chelsea Owner Roman Abramovich The British government has imposed sanctions on Chelsea owner Roman Abramovich. Abramovich’s assets have been frozen and transactions with British private individuals and companies are prohibited, according to London sources today. He was also given a travel and transport ban. Britain is reacting to the Russian war in Ukraine. “There must …

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Gas Prices In Europe Soar After Germany’s Decision To Hold “North Stream 2”

Gas Prices In Europe Soar

Gas Prices In Europe Gas prices in Europe rose significantly, during Tuesday’s trading, after Germany announced the suspension of ratification of the operation of the “North Stream-2” gas project. Gas futures rose next March at the TTF Center in the Netherlands to the level of $940 per thousand cubic meters, after it was at the …

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Gazprom Boss Miller: “Nord Stream 2” Ready For Operation

Nord Stream 2" Ready For Operation

Nord Stream 2 According to Gazprom boss Alexei Miller, the controversial Baltic Sea gas pipeline “Nord Stream 2” is ready for operation. The second tube has already been filled with gas, Miller said today. Commissioning of the gas pipeline, which connects Russia directly with Germany through the Baltic Sea, depends, among other things, on approval …

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Egypt Inaugurates The Largest Solar Power Plant In The World

The Largest Solar Power Plant In The World

Largest Solar Power Plant Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, revealed a government plan that aims to increase Egypt’s dependence on renewable energy by more than 42 percent by 2035. Egypt– Today, Monday, Egyptian President Abdel Fattah El-Sisi inspected the Benban Solar Energy Complex in Aswan Governorate, during the inauguration of a …

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