Europe’s and America’s gradual restrictions on Russian oil trade are raising stakes in a protracted economic standoff that is reshaping the global energy market.
Category: Europe
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European Central Bank Raises Rates Again
Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”
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Eurozone Inflation Falls in January as Energy Costs Ease
Prices rose at an annual rate of 8.5 percent last month, down from 9.2 percent in December, but signs of persistent cost increases remain.
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Europe’s Economy Edges Higher, Heading Off Forecasts of Recession
The eurozone economy grew 0.1 percent late last year, a reflection of modestly rising optimism as energy prices have eased, but risks remain.
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At Davos, European Distress Over a ‘Made in America’ Law
The U.S. Inflation Reduction Act stirred talk of a trade war, but also proposals for a similar E.U. initiative to stimulate green investment.
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The Only H.I.V. Vaccine in Advanced Trials Has Failed. What Now?
Janssen Pharmaceuticals ended a global trial after independent experts determined the vaccine was not effective. But there are other possibilities in the pipeline, scientists said.
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In Swiss Alps, Some Wonder What a Future Without Snow May Mean
An unusually warm winter has forced a rethink about climate change in areas with lower peaks as ski resorts and sporting events face an uncertain future.
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A United Europe Weathers Crises, but Deeper Challenges Remain
Differences on NATO and E.U. enlargement, energy and climate, and relationships with the United States, China, Russia and Ukraine will prime Davos talks.
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The War in Ukraine Upended Energy Markets. What Does That Mean for the Climate?
Almost a year after Russia launched its invasion, assessing the impact on the oil industry and greenhouse gas goals is not so simple.
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As Humanitarian Crises Escalate, So Do Demands to End Them
David Miliband, head of the International Rescue Committee, says the global refugee crisis “is manageable, not insoluble.”