The European gas price is at its lowest in over three months. The price is going down, among other things, because large quantities of liquefied natural gas (LNG) are currently reaching Europe. These are the highest numbers around this time of year since 2016. Continued mild autumn weather is also […]
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More New US Jobs Than Expected, Unemployment Falling
Last month, 263,000 jobs were added in the United States. The US Department of Labor reports this in its monthly jobs report. There were more than in August, and unemployment also fell further. The jobs report suggests that the US economy is still strong, despite previous steps to curb high […]
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Gazprom to Supply Gas to Italy Again
The Russian state gas group Gazprom will again supply natural gas to Italy via Austria. On Saturday, gas deliveries to Italy via an Austrian pipeline were halted due to changes in Austrian regulations. Gazprom says it has found a solution with Italian customers so that gas can be resupplied. The […]
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Police Chief Fired, 9 Officers Suspended for Football Drama Java
The police chief of Malang, the city in East Java where at least 125 people were killed in football riots in a stadium this weekend, has been fired. A spokesman for the national police announced this. Nine other officers have been suspended. During the riots, the police used tear gas […]
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Australian Government Sets Up Anti-Corruption Watchdog
The Australian government on Tuesday introduced plans to create a national anti-corruption watchdog. The country has debated the need for an independent commission to investigate politicians for years. In a statement, Australian Prime Minister Anthony Albanese and Attorney General Mark Dreyfus say they want to “restore confidence in and integrity […]
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Brent Oil Barrel Drops Below $85 for the First Time Since January
The price of Brent oil has fallen below $85 a barrel for the first time since January. Ongoing concerns about slowing global economic growth have been driving prices down for some time now. Brent oil is the benchmark for oil from, for example, the North Sea and the Middle East. […]
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Occupied Parts of Mykolaiv are Included in Kherson Region
Occupied parts of Ukraine’s Mykolaiv region will be incorporated into the neighbouring Kherson region. The Russian-installed administration has announced this in Kherson, the Russian state news agency TASS reported. The decision would mean that residents of Mykolaiv will also vote in a referendum on joining Russia next week. The plebiscite […]
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Allianz: Chip Shortage Costs European Car Industry 100 Billion Euros
The shortage of chips will cost the European car industry around 100 billion euros in 2021 and this year, credit insurer Allianz Trade has calculated. The chip shortage has resulted in approximately 18 million fewer vehicles being produced worldwide. According to Allianz, the European automakers were particularly hard hit. The […]
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Von der Leyen Praises Wife Zelenski for Courage and Hope
The Ukrainian people stand strong because people like President Volodimir Zelensky, his wife and their children stayed in Kyiv after the Russian invasion “to resist the ruthless face of evil”. “You have given the people courage and hope,” European Commission President Ursula von der Leyen told Olena Zelenska at the […]
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EU Ministers Meet Again in 2 Weeks to Discuss Energy Price Plans
The EU countries will discuss new plans this month to do something about the sky-high energy bills. On September 30, the energy ministers will consider the proposals they have asked the European Commission for. The ministers “will finish on September 30 what we started last week”, tweets the energy minister […]