Post Tagged with: "Europe Energy Crisis"

Tens Of Thousands Protest In Prague Demanding Gas Talks with Moscow And Decrying Anti-Russian Sanctions

Tens Of Thousands Protest In Prague Demanding Gas Talks with Moscow And Decrying Anti-Russian Sanctions

Tens of thousands of demonstrators filled Prague’s central square, on Friday, to decry rampant inflation amid the Czech government’s support for anti-Russia sanctions and aid packages to Ukraine. Media reports said: The protesters called for direct gas talks with Moscow and the resignation of Czech Prime Minister Petr Fiala and his cabinet. Participants chanted “resign”, “resign” while waving Czechian national flags.[Read More…]

by 30/10/2022 Comments are Disabled World
How Europe Has Navigated Its Energy Crises

How Europe Has Navigated Its Energy Crises

A multifaceted response from Europe has so far prevented its energy woes from creating widespread social and economic destabilization. But with winter approaching, the crisis is far from over and risks are getting worse. While European energy prices have eased slightly in recent months, stress continues to build across a continent that has long been dependent on access to cheap Russian[Read More…]

by 25/10/2022 Comments are Disabled World
Europe Faces Unprecedented Risk Of Gas Shortage This Winter, Warns IEA

Europe Faces Unprecedented Risk Of Gas Shortage This Winter, Warns IEA

Europe faces “unprecedented risks” to its natural gas supplies this winter after Russia cut off most pipeline shipments and could wind up competing with Asia for already scarce and expensive liquid gas that comes by ship, the International Energy Agency (IEA) said. Media reports including an AP report said: The Paris-based IEA said in its quarterly gas report released Monday that European[Read More…]

by 04/10/2022 Comments are Disabled World
Why Our Electricity Prices Can’t Be Left to Bogus ‘Free Markets’

Why Our Electricity Prices Can’t Be Left to Bogus ‘Free Markets’

The so-called electricity markets were created to help private capital, not people. It is time that we wind up such bogus electricity markets and return all such public services to the people, to be run cooperatively for their benefit. The price of electricity has risen astronomically in Europe over the last two years: by four times over the previous year and 10 times over the last[Read More…]

by 16/09/2022 Comments are Disabled World
Europe Will Spiral Into Severe Recession, Says BlackRock

Europe Will Spiral Into Severe Recession, Says BlackRock

Europe will spiral into a severe recession, as the shortage in energy supplies is set to spike inflation even higher and weigh heavily on Europe’s GDP, BlackRock said in a note on Monday. Media reports said: “The energy crunch will drive a recession in Europe, as we’ve argued since March. The crisis has worsened since then as Russia has halted gas supplies,”[Read More…]

by 14/09/2022 Comments are Disabled World
Europe In Energy Turmoil

Europe In Energy Turmoil

Europe is in energy turmoil with uncertainty in the coming winter and measures to counter Russia. The EU finds consensus is elusive and solidarity is in short supply. A Bloomberg report said: European ministers sounded defiant as they met in Brussels to deliberate plans aimed at halting the spiral in energy prices. “We will prevail,” European Union Energy Commissioner Kadri[Read More…]

by 12/09/2022 Comments are Disabled World
Cost Of Living And Energy Crisis In UK: Fear Of Civil Unrest This Winter: Says Times

Cost Of Living And Energy Crisis In UK: Fear Of Civil Unrest This Winter: Says Times

Citing a leaked national strategy paper the Sunday Times reports: UK police fear a sharp rise in certain categories of crime and a risk of civil unrest this winter amid a cost of living and energy crisis. The document compiled by police chiefs warns that “economic turmoil and financial instability” may lead to an increase in offenses such as shoplifting,[Read More…]

by 05/09/2022 Comments are Disabled World