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U.S. aims to raise $200 billion as part of G7 rival to China's Belt & Road

U.S. aims to raise $200 billion as part of G7 rival to China’s Belt & Road

US President Joe Biden attends a working lunch with other G7 leaders to discuss the shaping of the global economy at the Yoga Pavilion, Schloss Elmau in Kuren, Germany on June 26, 2022. Kenny Holston /Pool via REUTERS Sign up now for FREE unlimited access to Reuters.com Record WASHINGTON, June 26 (Reuters) – The United …

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French energy companies call for 'immediately' limiting energy use

French energy companies call for ‘immediately’ limiting energy use

A pair of storks sits in a nest on top of a pylon of high-voltage power lines in front of a smoke stack at Cordemais’ Electricité de France (EDF) coal-fired power plant in Bouee, France, on 25 June. February 2022. REUTERS/Stephane Mahe Sign up now for FREE unlimited access to Reuters.com Record PARIS, June 25 …

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EU plans for life without Russian gas amid inflation spike

EU plans for life without Russian gas amid inflation spike

‘The notion of cheap energy is gone,’ says Latvian PM Inflation in the euro zone has skyrocketed to record highs Germany warns some industries may have to close this winter BRUSSELS, June 24 (Reuters) – EU leaders warned on Friday that “cheap energy is over” and agreed to boost preparations for further Russian gas cuts, …

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Breakingviews: Germany’s gas action plan pulls its punches

Breakingviews: Germany’s gas action plan pulls its punches

Pressure gauges are seen at the Zsana storage site in Zsana, Hungary, May 20, 2022. REUTERS/Bernadett Szabo Sign up now for FREE unlimited access to Reuters.com Record LONDON, June 24 (Reuters Breakingviews) – Germany is facing a sudden acceleration of its gas crisis. A 60% drop in Russian supplies since the beginning of June threatens …

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Exclusive: Boris Johnson signals UK's willingness to demine, help export grain from Ukraine

Exclusive: Boris Johnson signals UK’s willingness to demine, help export grain from Ukraine

KIGALI, June 23 (Reuters) – Prime Minister Boris Johnson said on Thursday Britain was ready to help with demining operations off Ukraine’s southern coast and was considering offering insurance to ships carrying millions of tonnes of grains trapped in the country. The Russian invasion of Ukraine on February 24 and the blockade of its Black …

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EU grants Ukraine candidate status in 'historic moment'

EU grants Ukraine candidate status in ‘historic moment’

EU leaders launch Ukraine’s accession process Zelenskiy urges the West to speed up deliveries of heavy weapons The battle for the twin cities of Donbas reaches a critical stage KYIV, June 23 (Reuters) – Ukraine became a candidate to join the European Union on Thursday, a bold geopolitical step triggered by Russia’s invasion that Kyiv …

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Germany triggers gas alarm stage, accuses Russia of 'economic attack'

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Pipes at the landfall facility of the ‘Nord Stream 1’ gas pipeline are shown in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke//File photo Sign up now for FREE unlimited access to Reuters.com Record The West and Russia in an energy confrontation since the invasion of Ukraine German minister warns of ‘rocky road’ ahead Minister does …

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G7, NATO leaders to ratchet up pressure on Russia, keep eye on China - U.S. officials

G7, NATO leaders to ratchet up pressure on Russia, keep eye on China – U.S. officials

A damaged tram is pictured at a bombed-out tram depot in Kharkiv, amid Russia’s attack on Ukraine, June 15, 2022. REUTERS/Ivan Alvarado Sign up now for FREE unlimited access to Reuters.com Record WASHINGTON, June 22 (Reuters) – Leaders of the Group of Seven wealthy democracies and the NATO alliance will work to increase pressure on …

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Biden administration leans on Tesla for guidance in renewable fuel policy reform

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – U.S. President Joe Biden rarely mentions electric carmaker Tesla Inc (TSLA.O) in public. But privately, his administration has leaned on the company to help craft a new policy that allows electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. . Tesla was …

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