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: European Union
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Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar
The New York Times – Business:Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
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At Davos, European Distress Over a ‘Made in America’ Law
The New York Times – Business: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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How the Netherlands Is Taming Big Tech
The New York Times – Business:Dutch privacy negotiators have spurred major changes at Google, Microsoft and Zoom, using a landmark European data protection law as a lever.
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Natural Gas Prices in Europe Fall to Pre-Invasion Levels
The New York Times – Business:Warm weather, alternatives to Russian gas and a buildup of storage all help. But prices remain high for consumers and industry.
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Investigating the Nord Stream Pipeline Sabotage
The New York Times – Business:As investigators piece together clues, Russia has quietly taken steps to begin expensive repairs on the giant gas pipeline, complicating theories about who was behind September’s sabotage.
