Tag Archives: Europe

Rome, Italy | Xinhua | European banks are better prepared than those elsewhere in the world for crises such as the failure of two regional banks in the United States (U.S.) earlier this month. However, analysts say they remain vulnerable to changes in consumer confidence, and weaknesses in the financial sector. German …

Helsinki, Finland | Xinhua | Finnish President Sauli Niinisto said on Wednesday that during his upcoming visit to Türkiye he would acknowledge reception of the Turkish response to the ratification of Finland’s NATO membership. Contact with the Turkish presidential administration has been frequent since last spring, Niinisto said, and has …

After a recent rush on Africa’s natural gas resources, Europe is eyeing the continent’s green hydrogen potential, deepening climate and energy partnerships in the process. Cairo, Egypt | BIRD AGENCY | After Russia’s invasion of Ukraine in March 2022 set off a rush for gas resources worldwide, Europe picked Africa …

Rome, Italy | Xinhua | A spate of violence in Spain and Germany that left several people dead and many injured has drawn outrage from leaders this week. On Wednesday, one person was killed and another hospitalized after a man carrying a large machete-type knife carried out attacks at two churches in …

Paris, France | Xinhua | France and Germany should together become “pioneers” in the refoundation of Europe, French President Emmanuel Macron said on Sunday in Paris during the celebration of the 60th anniversary of France-Germany reconciliation. Macron pointed out that the first task of the two countries, as pioneers, should be …

Valletta, Malta | Xinhua | In Slovenia, Vukadinka Marija Pavlin does not turn on radiators all the way even when the weather gets cold, and washes clothes and dishes at night when electricity is at its cheapest. Thanks to her extreme frugality with electricity consumption, she has avoided the need …

Kampala, Uganda | THE INDEPENDENT | In a bid to start commercial silk production, Uganda under the Tropical Institute of Development Innovations (TRIDI) sent its first samples of silk yarn for testing in the European market branded “Usilk”. In a press statement dated Friday, December 16, 2022, TRIDI Director monitoring and …

They are a shot to the foot as there shouldn’t have been an abrupt transition from Russian energy supplies COMMENT | Brahma Chellaney | It seems obvious that sanctions – an increasingly important tool of Western foreign policy – should inflict significant pain on the target without exacting unsustainably high costs from …

Rome, Italy | Xinhua | As winter approaches, European countries have been taking steps to soften the blow from an insufficient supply of Russian natural gas to the continent. Analysts say this year’s energy crunch may have impacts lasting for years. When gas supplies from Russia started to dwindle earlier …

Paris, France | Xinhua | Europe could face a shortage of as much as 30 billion cubic meters (bcm) of natural gas during the key summer period for refilling its gas storage sites in 2023, the International Energy Agency (IEA) warned on Thursday. “Europe needs to take immediate action to avoid …