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Russian gas returns to Europe via Nord Stream 1 After 10 days of maintenance

  • 21 July, 2022
  • 3:57 pm EEST

Today, Thursday, July 21 (2022), Russian gas began flowing again to Europe as soon as maintenance operations were completed on Nord Stream 1 after an interruption of about 10 days. According to the data, Russia resumed pumping gas through the…

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In June, Canada’s inflation rate reached 8.1 % as gasoline prices rose.

  • 20 July, 2022
  • 5:43 pm EEST

In June, Canada's inflation rate reached 8.1 % as gasoline prices rose. The annual inflation rate in Canada accelerated to 8.1 % in June, missing forecasts but remaining at its highest level since January 1983, according to Statistics Canada data…

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Gold prices fall as US bond yields rise

  • 20 July, 2022
  • 3:41 pm EEST

Gold prices fell, on Wednesday, as pressure from strong monetary policy concerns and rising bond yields outweighed the relief from the dollar's decline. This comes with the anticipation of central banks' moves to counter inflation, which has hit record levels…

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European energy company debt jumps 50% since the beginning of 2020 to 1.72 trillion dollars

  • 19 July, 2022
  • 4:56 pm EEST

European energy companies are facing many challenges, amid continuing to bleed losses and debts, and searching for ways to finance their businesses, whose costs have increased in light of the rise in oil and gas prices. And energy prices in…

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Germany restarts 16 coal and oil power plants

  • 18 July, 2022
  • 5:28 pm EEST

Germany intends to restart 16 power plants running on fossil fuels, mainly coal and oil, to avoid electricity shortages due to an expected Russian cut in exports to Berlin, The Kyiv Independent reported on Sunday 17 July. The newspaper pointed…

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