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 – its prime minister’s “Super Mario” brand, negative interest rates and the prospect of spending nearly €200 billion in EU recovery funds – meant that the EU’s third-largest economy was headed for strong growth … Read more

Climate Hypocrisy Ensures Global Warming — Global Issues

Opinion by Jomo Kwame Sundaram, Anis Chowdhury (Sydney and Kuala Lumpur) Tuesday, June 28, 2022 Inter Press Service SYDNEY and KUALA LUMPUR, Jun 28 (IPS) – The governments of rich countries claim that climate action is moral high ground. But many deny their much greater responsibility for historical and contemporary greenhouse gas (GHG) emissions, once … Read more

G-7 nations face threat of Russia shutting off more gas

Russian President Vladimir Putin raises a toast as he participates in the 14th BRICS summit in a virtual format via video call, in Moscow on June 23, 2022. Mikhail Metzel | AFP | fake images Group of 7 nations must prepare for a complete shutdown of Russian gas pipelines anytime soon, and it could have … Read more

the IPO of De Nora at 13.50 euros per share; $2.8 billion valuation

De Nora was founded in 1923 and specializes in electrode and water treatment technologies. Pavlo Gonchar | Light Rocket | fake images The CEO of electrode maker Industrie De Nora says he’s “not scared” by the current market turmoil as he faces an initial public offering this week. The initial public offering was priced at … Read more

G7 leaders push to cap oil prices – POLITICO

Press play to listen to this article ELMAU, Germany — Behind the free-trade façade of the G7, there is now more than a whiff of Gosplan, the former Soviet central planning committee. Like price-setting apparatchiks, the leaders of the G7, the world’s industrialized democracies, gathered in the Bavarian Alps for their annual meeting with a … Read more

G7 leaders discuss Russian oil price cap due to Ukraine invasion | Russian-Ukrainian War News

G7 leaders meeting in Germany are discussing plans to cut Russian revenue from oil exports amid rising energy prices. Leaders of the Group of Seven (G7) nations have discussed plans to cap the price of Russian oil in order to squeeze Moscow, which is benefiting from rising energy prices, and cut off its means of … Read more

Israel’s Foreign Minister Criticizes EU’s Borrell Over Iran Outreach – POLITICO

Israeli Foreign Minister Yair Lapid has lashed out at EU foreign policy chief Josep Borrell over a visit to Tehran aimed at reviving negotiations on the Iran nuclear deal, which Israel has long opposed. time and tried to undermine it in any way possible. As a courtesy, Borrell contacted Lapid ahead of his visit to … Read more

How hard should China be pushed in a crisis? – POLITICAL

When the leaders of the G7 group of major developed economies meet in the Bavarian Alps on Sunday, they will have very different views of how difficult it is to take on China just as the world appears poised to descend into a major economic crisis. Amid fears of recessions and looming crises over energy … Read more

Toyota issues electric SUV recall after tire concerns

Toyota’s bZ4X electric sport utility vehicle pictured in Chiba prefecture, Japan, on February 24, 2022. The Japanese auto giant has issued a safety recall related to the bZ4X’s wheels. Kiyoshi Ota | Mayor Bloomberg | fake images Japanese auto giant Toyota has issued a safety recall for more than 2,000 of its all-electric SUV, the … Read more

Putin is squeezing gas supplies. And Europe is seriously worried about a full lockdown.

Employees walk under pipes leading to oil storage tanks at the central oil and gas processing plant at the Salym Petroleum Development oil fields near the Bazhenov shale formation in Salym, Russia. Andrey Rudakov | Mayor Bloomberg | fake images BRUSSELS — European leaders are increasingly concerned about the possibility of a complete shutdown of … Read more