Category: Europe

Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.

The New York Times – Business:
Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.
How China Could Wield Its Control of Rare Earths Against Trump

The New York Times – Business:
A central question hanging over the summit this week is whether China will agree to extend a temporary postponement of even tougher rare-earth export controls.
Europeans Prepare for a More Dangerous World in a Time of Economic Upheaval

The New York Times – Business:
A stalwart on defense spending, Poland is training its citizens in civil defense while balancing their jobs and families.
Oil Companies’ Huge Profits Revive Calls for Temporary Windfall Taxes

The New York Times – Business:
European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate.
Rising Fuel Prices Could Force Excruciating Choices on Economic Policies

The New York Times – Business:
The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-term damage.
Meta Charged With Failing to Keep Children Off Instagram and Facebook in Europe

The New York Times – Business:
European Union regulators said the company did not have effective controls to check a user’s self-declared date of birth, in violation of an online safety law.
Meta Charged With Failing to Keep Children Off Instagram and Facebook in Europe

The New York Times – Business:
European Union regulators said the company did not have effective controls to check a user’s self-declared date of birth, in violation of an online safety law.
The World Needs Natural Gas Now, but the U.S. Is Exporting All It Can

The New York Times – Business:
Even the largest global supplier of liquefied natural gas can’t make up for the shortfall since the war in Iran cut off an important source.
Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline

The New York Times – Business:
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
Lufthansa Cuts 20,000 Flights to Save Fuel Amid Iran War Price Surge

The New York Times – Business:
Global jet fuel prices have jumped more than 70 percent since the start of the war, pressuring airlines in Europe, the largest consumers of jet fuel shipped through the Strait of Hormuz.
Luxury Brands Bet on the Middle East. War Has Damaged Their Plans.

The New York Times – Business:
High-end brands such as Louis Vuitton and Hermès are looking to other regions as sales in Persian Gulf nations plummet.
European Airlines Face Fuel Shortages Within Weeks

The New York Times – Business:
If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.