Italy cancels $5.2b tariff to cover gas shortage costs
Italy's energy authority has decided to cancel plans for a tariff to fund gas stockpile maintenance after facing…
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European Union (EU)
EU prepares €7.4b aid package for Egypt
The EU is preparing a €7.4bn aid package for Egypt to support its economy and address potential financial…
Egypt signs €38m deal to build 4 solid waste recycling plants
Egypt’s Ministry of Local Development signed €38.8 million contract with the Arab Organisation for…
World Bank pledges $3b support to Egypt – minister
The World Bank (WB) has pledged $3 billion in support to Egypt following the country's successful negotiation of an…
India reaches $100b deal with EFTA after 15 yrs
India and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Iceland, and Liechtenstein,…
Russia in talks with China on yuan loan
Russia's Finance Ministry has been in discussions with Chinese counterparts about the possibility of obtaining…
China opposes EU carbon tax
China opposes the European Union’s (EU) carbon border tax, citing its unilateral imposition of additional costs on…
Russian gas transit via Ukraine no longer required – EU
The European Union (EU) thinks no need for the extension of the agreement to transport Russian gas to Europe via…
Czech National Bank set to cut rates
Czech National Bank is expected to cut borrowing costs on Thursday in response to weakening inflation and weak…
EU bids to boost domestic green tech industry
European Union (EU) policymakers are aiming to agree on new regulations to boost local manufacturing of solar and…