Asian markets dive anew but sterling stabilizes

And in a sign of the long roadway ahead for finance chiefs — and the dour outlook for stocks — data out of several countries, including Germany and Belgium, this week showed that prices are still …

Inflation in eurozone soars to new record high

In Germany it is at a 70-year high of 10.9 per cent, while in the Netherlands it is 17.1 per cent.In a report that piles pressure on the European Central Bank (ECB) to push ahead with aggressive inter…

Putin accuses West of pipeline sabotage

Russian President Vladimir Putin has accused the West of sabotaging the Russia-built gas pipelines under the Baltic Sea to Germany.

Windfall levies on energy firms approved

The agreement was reached on mandatory electricity require reduction, cap on market revenues from inframarginal electricity producers and solidarity contribution from fossil fuels producers, the pre…

Germany OKs arms sales to Saudi Arabia

Germany OKs arms sales to Saudi Arabia

The reports emerged after German Chancellor Olaf Scholz returned from a trip to Saudi Arabia, the United Arab Emirates (UAE) and Qatar.New export licenses Robert Habeck, Germany economy minister and…

EU takes Malta to court for ‘golden passports’

A court case gives Malta the opportunity to continue rebutting the said allegations and let the [ECJ] settle the matter, a statement from the Maltese government said.The program allows non-EU citiz…