Month: September 2022

Top military weapons buyers from dozens of countries are huddling in Brussels on Wednesday to discuss next steps in arming Ukraine for the long haul, and to begin mapping out a strategy for replenishing their own stocks depleted by the war. The meeting takes place as the Kremlin hardens its position on the war, calling […]

A war of words between gas companies in Ukraine and Russia is threatening gas transit to the EU. Ukraine’s Naftogaz and Russia’s Gazprom are at loggerheads over payments for gas shipments through pipelines across Ukraine — a trade that has continued despite the war between the two countries. But that deal is starting to fray. […]

The European Union is aiming to ban imports of several steel products from Russia and outlaw the export of certain semiconductors to Russia, according to the European Commission’s latest sanctions proposal, seen by POLITICO. One item left off the list, however, is Russian diamonds — an omission that will make Belgium and its robust diamond industry […]

The apparent sabotage of both Nord Stream gas pipelines may be one of the worst industrial methane accidents in history, scientists said Wednesday, but it’s not a major climate disaster. Methane — a greenhouse gas up to 80 times more powerful than carbon dioxide — is escaping into the atmosphere from three boiling patches on […]

U.S. and European officials are increasingly pointing toward sabotage as the cause of two explosions that caused massive leaks from natural gas pipelines out of Russia — and gauging whether the incidents are a new warning from Moscow about the continent’s energy supplies heading into winter. U.S. officials downplayed the potential for immediate impactsfrom the […]

LONDON — Even in the midst of a full-blown financial crisis, so much of British politics is about home ownership, in the end. Following an extraordinary slide in Sterling and panic in the gilt markets in the wake of Prime Minister Liz Truss’ tax-cutting “mini-budget,” the Bank of England announced emergency measures Wednesday to prop […]

Anton Spisak is a senior fellow at the Tony Blair Institute for Global Change.   When Liz Truss was first in charge of relations with the European Union as the United Kingdom’s foreign secretary, she was seen as a relative pragmatist.  She welcomed her counterpart Maroš Šefčovič to her Chevening residence, replaced the cavalier bombast of […]