Russia breaks Opec oil alliance as it takes on US shale
Just as the coronavirus outbreak wreaks havoc on the oil market, Russia has spotted an opportunity to hurt rivals in the US shale patch. Moscow’s partner’s in Opec now are Continue Reading
Lufthansa to slash capacity by half as coronavirus hits bookings
German airline group Lufthansa ( LHAG.DE ) will slash flight capacity across its fleet by half over the coming weeks because of the fallout from coronavirus, the company said on Continue Reading
Russia, Turkey agree ceasefire deal for Syria’s Idlib
MOSCOW (Reuters) – Turkey and Russia agreed a ceasefire deal on Thursday in Syria’s Idlib region, their two leaders said after lengthy talks in Moscow to contain a conflict which Continue Reading
Moscow crushes record for warmest winter as milestones are set across Europe and North America
The meteorological winter of 2019-2020 shattered temperature records in Russia and France as well as other parts of Europe and the United States. In Moscow, this was the warmest winter Continue Reading
Europe Is Shrinking as the Sea Encroaches on Its Coastline – Bloomberg
At the Trump Doonbeg golf course on Ireland’s west coast, the ocean has been inching closer to a private bar overlooking the 18th hole. Since the links opened in 2002, Continue Reading
Europe Looks To Pass 2050 Net Zero Carbon Goal Into Law
The European Commission proposed on Wednesday enshrining the European Green Deal’s commitment for carbon neutrality by 2050 into legislation, as part of the European Union’s heightened focus on climate action Continue Reading
UK’s CO2 Emissions have Fallen 29% Over the Past decade
The UK’s CO2 emissions fell by 2.9% in 2019, according to Carbon Brief analysis. This brings the total reduction to 29% over the past decade since 2010, even as the Continue Reading
European mood turns grim on profit warnings, London stock slide
European shares headed lower on Thursday, as a slump in British stocks and profit warnings from several companies soured market sentiment even after central banks this week tried to ease Continue Reading
How Fighting Climate Change Gave the EU a New Reason to Exist
On her first day as head of the European Commission, Ursula von der Leyen stood in front of world leaders at the UN climate conference in Madrid and promised to make Continue Reading
British hedge fund billionaire Hohn launches campaign to starve coal plants of finance
British hedge fund billionaire Chris Hohn has launched a campaign to persuade central banks to starve hundreds of planned coal-fired power plants around the world of finance, aiming to block Continue Reading