US To Limit Chinese Access To Cloud Computing
On Tuesday, the Wall Street Journal reported that the US is readying a plan to restrict the access of China to US cloud computing services, according to its sources. The…
Germany Forced To Import Electricity After Closing Nuclear Reactors
On Monday, German news outlet Bild reported that after the German government decided to decommission the nation’s last remaining nuclear power plants as it transitions to renewable energy sources, it…
EU LNG Imports Surpass Pipeline Deliveries For First Time
According to data from the Energy Institute (EI), as the European Union struggled to make up for the lack of Russian natural gas supplies last year, imports of liquified natural…
First Half Of 2023 Proves Lucrative For Billionaires – Bloomberg
On Tuesday Bloomberg reported that Elon Musk, CEO of Tesla, and Mark Zuckerberg, CEO of Meta Platforms, led the way as the wealth of the world’s richest billionaires surged over…
India’s Appetite For Russian Crude Continues To Increase
New data from analytics firm Kpler released on Monday showed that Russian oil exports to India hit a new record last month, marking ten consecutive months of growth. According to…
De Beers And Botswana Ink New Diamond Deal
In a joint communique released Friday, the government of Botswana and the South African diamond giant De Beers announced that they have reached a new ten-year agreement over the sale…
Economic Costs Grow From French Riots
As France is stricken with violent protests following the police shooting of a teenager, the economic costs are adding up. In the southern city of Marseille, where some of the…
Britain Loses Option To Fall Back On Coal Generation This Winter
Britain’s National Grid Electricity Systems Operator (ESO) issued a statement last week noting that Britain will not be able to rely on coal-fired electricity generation as a backup to its…
EU Considers Reconnecting Russia To SWIFT To Save Black Sea Grain Deal
On Monday, the Financial Times reported that, according to sources close to the discussions, in a effort to rescue the Black Sea grain deal in Ukraine, the EU is mulling…
Netherlands Imposes Export Controls On Chip Manufacturing Eqiupment
The Netherlands has announced that it will be restricting exports of specific semiconductor technologies to China, following the lead of the United States, which imposed similar rules earlier this year.…
