European Union energy ministers have backed the bloc’s proposals to phase out imports by January 2028. The EU wants to gradually phase out Russian oil and gas imports in an effort to “deprive the Kremlin of the revenue it uses to finance the war” in Ukraine. The punitive measures are considered temporary and could be …
Tag: natural gas
Germany: Recession and deindustrialization predicted for 2024
The economies of major nations are, understandably, highly dependent on energy supply. The more accessible energy resources are, the more confident the industry of export-dependent states, and the economies of large countries are highly dependent on energy supplies. Germany paid for its policy by supporting the United States in the confrontation with Russia. Access to …
Investment Targets
From the beginning of 2020 and until the end of February, the sectors that stood out and very likely to continue to stand out in the coming months are the technology and communication industry. In particular, the technology industry was greatly favoured after the signing of the US-China trade agreement, removing some of the uncertainty …