As Ukraine forces Russia back, they are fighting for our global security as well as themselves September 13, 2022 Ignoring the reality of Russia’s war with Ukraine is not possible, doing so won’t lead to peace and lower prices.
UK and European energy price freezes may trigger blackouts, Goldman warns September 12, 2022 UK and European governments freezing energy prices risks blanketing the Continent in power blackouts, a Wall Street investment bank has warned today. Keeping energy bills artificially low is likely to stimulate energy demand, possibly causing supplies to run dry, Goldman Sachs said in a note to clients. “With interventionist policies announced so far prioritising capping [...]
Europe must avoid ‘sticking plaster’ solutions to meet energy needs September 12, 2022 Europe has to ramp up its own energy production, rather than become reliant on other overseas suppliers, argues a Westminster think-tank.
As Ukraine makes key gains, Zelensky says Kremlin’s goal is now ‘to deprive people of light and heat’ September 12, 2022 Ukraine’s president has accused Russia of having a “goal is to deprive people of light and heat”, as the Kremlin fights back against Kyiv’s surging eastern counteroffensive. Moscow allegedly launched a series of strikes against infrastructure in the eastern recaptured city of Kharkiv, including water and thermal power facilities. Accusing Russia of deliberately targeting infrastructure [...]
Ukraine reports major gains in counteroffensive against Russia September 10, 2022 Ukraine has reported major gains in a counteroffensive against Russian forces, officials have claimed today. Ukrainian foreign ministry spokesman Oleh Nikolenko suggested troops had retaken Kupiansk, cutting off supplies to the Russian front line. The Security Service of Ukraine, known as the SBU, posted a message which it said showed its forces in Kupiansk, further [...]
The world has suddenly changed, but there is a constant that will outlive us all September 9, 2022 Crypto AM's Jason Deane tries to make sense of one of the most eventful and significant weeks in world history.
Energy firms welcome Government support package for households September 8, 2022 Energy firms have broadly welcomed the announced support package for households this winter, but called for more focus on demand.
European Central Bank fires record rate rise shot to tame scorching inflation September 8, 2022 The European Central Bank (ECB) today hiked interest rates by the biggest amount since its creation in 1999 as it steps up its fight against a historic inflation surge on the Continent. President Christine Lagarde and co lifted borrowing costs in the bloc of 19 countries using the euro 75 basis points. The move takes [...]
Terrible Thursday for Darktrace as shares nosedive by 25 per cent after private equity walks away September 8, 2022 Darktrace share price jumped sharply on reports last month that it is in talks with private equity fund Thoma Bravo, although no figure was attributed to the discussions. However, this morning it was confirmed that these talks had ended with no prospect of an offer being made in the near future, although the option was [...]
Russia threatens to halt energy shipments into Europe September 8, 2022 Russia could halt all energy shipments into Europe if the West pushes through proposals for caps on the price of gas, warned Putin.