Europe’s streets go dark to save energy – POLITICO

Press play to listen to this article Pushed by a looming energy crisis, cities across Europe are switching off the lights. While Spain has made such measures mandatory, ordering shops to turn their lights off at night, in other places local authorities are voluntarily hitting the switch, arguing it’s a good time to trial light-saving … Read more

Europe’s looming coal crisis – POLITICO

Press play to listen to this article Move over gas — there’s a new energy shortage in town. As Europe faces its worst energy crunch in decades amid the war in Ukraine, national capitals have been scrambling to shore up their gas reserves ahead of the winter. But another fuel could also soon be in … Read more

Russia slashes Nord Stream gas supply to Europe – POLITICO

Flows through the Russia-to-Germany Nord Stream pipeline will fall to about 20 percent capacity beginning Wednesday, Russian supplier Gazprom said Monday. Flows will fall to 33 million cubic meters a day, about half of current amounts, which are only about 40 percent of the pipeline’s normal capacity. However, Kremlin spokesman Dmitry Peskov said Russia is … Read more

‘Laughable’ to say Biden doing everything he can to bring down inflation: Analyst – Fox Business

‘Laughable’ to say Biden doing everything he can to bring down inflation: AnalystFox Business This is terrible news for Biden: WhitonFox Business The data says we are in a recession: Scott MartinFox Business Fed guilty of economic malpractice: Steve ForbesFox Business Larry Kudlow: This highlights the insanity of Biden’s radical climate activismFox Business View Full … Read more

US Oil and Gas Association president: We’re looking at a global recession coming – Fox Business

US Oil and Gas Association president: We’re looking at a global recession comingFox BusinessView Full Coverage on Google News

Has Putin stopped Europe’s gas for good? – POLITICO

Press play to listen to this article EU leaders are bracing for a gas supply crunch that could freeze entire sectors of the bloc’s economy as fears grow that a major pipeline ferrying Russian gas to Europe will be shut down for good. The scenario of rich European countries having to ration their energy usage … Read more

Germany mulls cost-sharing system amid fears of Russian gas cutoff – POLITICO

BERLIN – The German government is considering bringing an emergency law for a vote in parliament next week that would allow it to equally distribute rising gas costs between customers and companies and to rescue ailing energy company Uniper. The proposal for introducing a special gas-price levy comes amid increasing warnings that Russia might use … Read more

Italy’s economy enters choppy waters – POLITICO

Press play to listen to this article Italy’s smooth sailing is about to come to an end. A combination of factors – the “Super Mario” brand of its prime minister, negative interest rates and the chance to spend nearly € 200 billion in EU recovery funds – meant that the EU’s third largest economy was … Read more

G7 leaders push to cap oil prices – POLITICO

Press play to listen to this article ELMAU, Germany – Behind the free-trading façade of the G7, there’s now more than a whiff of Gosplan, the old Soviet central planning committee. Like price-fixing apparatchiks, leaders of the G7, the world’s industrialized democracies, convened in the Bavarian Alps for their annual meeting with a plan to … Read more