Germany

Europe's plans to replace Russian gas are deemed 'wildly optimistic' — and could hammer its economy

Europe’s plans to replace Russian gas are deemed ‘wildly optimistic’ — and could hammer its economy

A drilling rig at a gas processing facility, operated by Gazprom. Maxim Shemetov | Reuters The European Union’s best chance to replace Russian gas imports this year is likely to miss the mark, analysts predict, putting further pressure on the region’s economy. The EU plans to replace two-thirds of Russian gas imports by the end …

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Former Nazi camp guard sentenced to 5 years for Holocaust atrocities

Former Nazi camp guard sentenced to 5 years for Holocaust atrocities

Sedan CNN — A 101-year-old former Nazi concentration camp guard has been sentenced to five years in prison by a German court for aiding and abetting the murder of 3,518 people during the Holocaust. The man had been charged in 2021 with “knowingly and deliberately” aiding and abetting the murder of prisoners at the Sachsenhausen …

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Germany returns artefacts taken from Africa during colonial rule | News

Germany returns artefacts taken from Africa during colonial rule | News

Priceless artifacts taken from Cameroon, Namibia and Tanzania during colonial times will be returned permanently, Germany says. Priceless artifacts removed and looted from African nations during Germany’s colonial period will be returned permanently, officials said. The Berlin-based Prussian Cultural Heritage Foundation, which runs the German capital’s many museums, said on Monday it had started negotiations …

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European markets open to close, data, earnings, G-7, Ukraine

European markets open to close, data, earnings, G-7, Ukraine

LONDON — European stocks rose on Monday, continuing a positive trend seen at the end of last week’s trading. The pan-European Stoxx 600 index added 0.7% in early trading, with basic resources rising 2.9% to lead gains as all sectors and major stocks entered positive territory. Monday’s bullish open comes after the blue-chip European index …

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G7 leaders discuss price cap on Russian oil over Ukraine invasion | Russia-Ukraine war News

G7 leaders discuss price cap on Russian oil over Ukraine invasion | Russia-Ukraine 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 …

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