Germany met its emissions targets in 2022 despite the increased use of coal-fired power during the energy crisis, according to preliminary calculations published by the Federal Environment Agency (UBA) on Wednesday. Following an increase in [Read More]
Banking giant Credit Suisse lost nearly a fourth of its value Wednesday, amid the growing fallout from the collapse of two regional banks in the United States. Wednesday marked the second time in three trading [Read More]
As shares of Credit Suisse fell to a record low on Wednesday, the Swiss central bank said it would provide the troubled investment bank with liquidity if required. Since Tuesday, Credit Suisse’s shares have fallen [Read More]
Shares of embattled global investment bank Credit Suisse fell by more than 20 percent to a record low on Wednesday. Since Tuesday, the Swiss-listed bank’s shares have fallen continuously. On Wednesday, Credit Suisse shares opened [Read More]
Finland’s Prime Minister Sanna Marin said in a press release that no one has promised Hornet fighters to Ukraine. “Finland has not made any policies on the matter, but I see that we have the [Read More]
Ratings agency Fitch has downgraded Poland’s gross domestic product (GDP) growth forecast for 2023 from 1.1 percent to 0.7 percent and maintained its earlier projection of a 2.6 percent growth in 2024. “With the energy [Read More]
After ten days of intense debate, the French Senate last Saturday adopted the controversial reform to the country’s pension system, which was proposed by the government in January. The bill would raise the legal retirement [Read More]
The European Commission on Tuesday adopted reforms aimed at boosting energy security and making consumer bills less dependent on volatile fossil fuel prices. The reforms come against the backdrop of skyrocketing energy prices in 2022, [Read More]
The United Kingdom (UK) announced on Thursday a two-year delay to parts of a new high-speed rail link between London and northern England, citing escalating costs caused by inflation. “We have seen significant inflationary pressure [Read More]
Italian Prime Minister Giorgia Meloni announced new measures against human traffickers Thursday, after holding a cabinet meeting in the seaside town of Cutro, the site of a recent shipwreck that claimed at least 72 lives. [Read More]
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