Tag: EU
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The European Union announces third hydrogen production tender with €1 billion funding
The European Union will launch a third hydrogen production tender in the third quarter of 2025, with a €1 billion budget to support the growth of low-carbon hydrogen under its industrial plan. The European Commission has announced that it will launch a third project call under the European Hydrogen Bank initiative in 2025, with a…
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How Could the EU Omnibus Impact Energy’s Sustainable Future?
Businesses & politicians voice concerns for sustainability over the European Commission’s upcoming omnibus package & its regulation simplification aims Regulatory practices can be a double-edged sword. The European Union is in the throes of balancing this delicate act, trying to fine-tune its approach with the new omnibus regulation package. This legislative bundle is designed to reduce…
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IMF chief: Eurozone has tools for greater growth if it learns from US
The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. The eurozone should look to the United States if it wants to compete more effectively for global investment, said managing director of the International Monetary Fund (IMF) Kristalina Georgieva, on Friday. “The United States has a…
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What Awaits Latin America in 2025?
Incoming U.S. President Donald Trump has threated the region with tariffs and even territorial conquest. Navigating Trump’s Threats Although U.S. President-elect Donald Trump has yet to take office, he has made threats and staffing choices to suggest that Latin America will be a focus of his foreign policy. Dealing with the Trump White House will stretch many…
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Euro falls to its lowest level in two years against the dollar
The euro declined further against the US dollar to a fresh low in over two years amid concerns about the Eurozone’s economy, Trump’s tariffs, and monetary policy discrepancy between the ECB and the Fed. The euro declined 0.9% against the US dollar, reaching mid-1.02, its lowest level since 21 November 2022 on Thursday. The common…
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Russian gas era in Europe ends as Ukraine stops transit
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year’s Day, marking the end of decades of Moscow’s dominance over Europe’s energy markets. The gas had kept flowing despite nearly three years of war, but Russia’s gas firm Gazprom said it had stopped at 0500 GMT after Ukraine refused…
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Green Hydrogen Goes From Hyped to Humbled on Eye-Popping Costs
A raft of projects to produce green hydrogen, a fuel billed as critical to reaching net zero, have been abandoned this year as expectations for tumbling costs failed to materialize. Governments and major energy companies have touted the gas as a way to clean up a swath of industries. But the uneconomic cost of production…
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NATO leader says he wants to put Ukraine in a position of strength for any peace talks with Russia
NATO’s secretary-general said he wants to discuss ways to put Ukraine in a position of strength for any future peace talks with Russia during a meeting Wednesday with Ukraine’s president and a small number of European leaders. But Mark Rutte appeared frustrated at growing speculation in NATO capitals about when those peace talks might start…
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ECIPS Warns: Kazakhstan as a Direct Threat to EU Stability and Integrity
Brussels—The European Centre for Information Policy and Security (ECIPS) has issued a stern warning that Kazakhstan poses a direct threat to the stability and sovereignty of the European Union (EU). ECIPS President Ricardo Baretzky has highlighted Kazakhstan’s alleged role as a puppet state of Russian President Vladimir Putin, accusing it of exercising undue political influence…
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The wine and beverage machinery industry is worth 5 billion, but a drop for 2024 is foreseen
The estimations by Osservatorio del Vino Uiv on the occasion of Simei: for wine sector, according to a survey, a strong demand reduction is awaited Technical innovation, and stronghold of the international market. This is the “anti-crisis” recipe of the beverage, wine and bottling machinery industry made in Italy, protagonist, until November 15, at Simei by…