War in Ukraine
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Economy
7/21/2022 12:49:59 PM
Asian and European equities mostly rose with the euro Thursday after Russia resumed gas supplies to Europe, while traders await a crucial ECB policy meeting.
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War in Ukraine
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Economy
7/21/2022 9:57:18 AM
Natural gas started flowing through a major pipeline from Russia to Europe after a 10-day shutdown for maintenance, the operator said. But the gas flow was expected to fall well short of full capacity on Thursday and the outlook was uncertain.
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War in Ukraine
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Economy
7/20/2022 8:16:55 PM
Europe faced an energy crisis even before the Nord Stream 1 pipeline from Russia to Germany went offline for regular maintenance.
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War in Ukraine
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Economy
7/20/2022 2:28:35 PM
Russian President Vladimir Putin said Tuesday it is the West's own fault that the flow of Russian natural gas to European customers has dwindled and warned that it could continue ebbing.
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War in Ukraine
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Diplomacy
7/18/2022 3:20:43 PM
European foreign ministers insisted Monday that sanctions imposed on Russia to punish it for invading Ukraine are working -- despite the threat to the EU's own energy supplies.
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War in Ukraine
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Economy
7/18/2022 3:20:12 PM
Across Europe, signs of distress are multiplying as Russia's war in Ukraine drags on. Food banks in Italy are feeding more people. German officials are turning down the air conditioning as they prepare plans to ration natural gas and restart coal plants.
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World
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International
7/13/2022 5:27:57 PM
Global stocks fell Wednesday and the euro dipped below $1.00 for the first time in nearly 20 years after data showed a surge in US inflation last month, convincing investors that further increases in borrowing costs are on their way.
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War in Ukraine
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Economy
7/6/2022 9:16:49 PM
France's government plans to nationalize indebted French electricity giant EDF amid a broad energy crisis aggravated by Russia's invasion of Ukraine, Prime Minister Elisabeth Borne said Wednesday.
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War in Ukraine
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Economy
7/6/2022 7:00:24 PM
It's not a summer heat wave that's making European leaders and businesses sweat. It's fear that Russia's manipulation of natural gas supplies will lead to an economic and political crisis next winter.
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War in Ukraine
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Economy
6/30/2022 2:00:43 PM
The Czech Republic has decided to reverse plans to halt mining in a key black coal region to help the country safeguard its power supply amid high demand and the energy crunch prompted by the Russia's war in Ukraine.
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World
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International
6/27/2022 11:18:30 AM
In 1975, leaders of the world's wealthy democracies gathered to deal with an energy crisis sparked by a war and rampant inflation. Those same sore points are bedeviling their successors representing 46% of the global economy at this week's Group of Seven summit, with high consumer and energy prices threatening to trigger recessions in the U.S. and Europe.
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War in Ukraine
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Economy
6/21/2022 11:44:20 AM
Denmark's energy agency declared a first level "early warning" alert over worries of its gas supply, due to uncertainty on energy imports from Russia because of the ongoing war in Ukraine.
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Business
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Energy
6/15/2022 8:54:28 PM
President Abdel-Fattah El-Sisi said on Wednesday that the East Mediterranean Gas Forum (EMGF) can play a pivotal role in resolving the global energy crisis.
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World
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Region
4/29/2022 2:58:06 PM
Pakistan's newly elected prime minister was visiting Saudi Arabia Friday on his first foreign trip since taking office, an attempt to boost economic relations with the wealthy, oil-rich kingdom as Pakistan struggles with huge debt, soaring inflation and a worsening energy crisis.
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Al-Ahram Weekly
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Egypt
3/1/2022 10:54:43 PM
A protracted energy crisis due to the Russia-Ukraine war will boost Egypt’s natural gas exports to European and Eastern Mediterranean markets, reports Gamal Essam El-Din
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World
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Region
2/1/2022 9:47:57 AM
President Joe Biden on Monday designated Qatar a major non-NATO ally, a largely symbolic honor but one that was meant to convey his administration's gratitude for the tiny Persian Gulf nation's assistance with evacuations from Afghanistan and in ending last year's Israel-Hamas war in Gaza.
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World
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International
1/8/2022 10:42:25 PM
Kosovo police on Saturday seized hundreds of cryptocurrency mining machines and arrested one person in the tense ethnic-Serb majority north as the country suffered an energy crisis.
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Egypt
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Foreign Affairs
12/10/2021 5:40:23 PM
Talking about Egypt’s cooperation with Lebanon to solve the countries energy crisis and develop its economy, Ahram Daily Newspaper interviewed Lebanese Prime Minister Najib Mikati.
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World
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International
10/6/2021 3:46:11 PM
Russian President Vladimir Putin said Wednesday that Europe was to blame for the current energy crisis after soaring gas prices have spurred accusations that Moscow is withholding supplies to pressure the West.
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Al-Ahram Weekly
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Opinion
10/6/2021 12:34:57 AM
Egypt could hold the solution to the European energy crisis as a regional energy hub and main transit point for energy to Europe.
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