EU
How hackers and geopolitics could derail the planned energy transition
This image shows an onshore wind turbine in the Netherlands. Mischa Keijser | Image Source | Getty Images Discussions about the energy transition, what it means and whether it’s actually underway at all, have become major talking points in recent years. How the transition — which can be seen as a shift away from […]
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German economic advisors send recession warning as Putin’s gas deadline nears
Berlin’s Brandenburg Gate on the occasion of the Earth Hour, on March 26, 2022. Tobias Schwarz | Afp | Getty Images Germany’s heavy reliance on Russian energy could tip its economy into recession, an independent economic think tank warned on Wednesday. There are rapidly rising concerns over what Russia’s unprovoked invasion of Ukraine will mean […]
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EU to pressure China at virtual summit over its stance on Russia-Ukraine war, sources say
President of the European Commission Ursula von der Leyen delivers a statement in Brussels. Kenzo Tribouillard | AFP | Getty Images The European Union wants to put pressure on China to be neutral with its stance over Russia’s recent invasion of Ukraine, sources with knowledge of the matter told CNBC ahead of a virtual meeting […]
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EU leaders send a message to China: Use your leverage to stop Putin
Italy’s Prime Minister Mario Draghi speaking to journalists in Brussels. Aris Oikonomou | Afp | Getty Images BRUSSELS, Belgium — EU leaders had one message for Beijing as they gathered in Brussels to discuss new sanctions against Russia: stop President Vladimir Putin. Chinese authorities have so far refused to fully condemn Russia’s unprovoked invasion of […]
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European Union unlikely to impose an oil embargo on Russia, sources say
A general view of oil tanks in the Transneft-Kozmino Port near the far eastern town of Nakhodka, Russia. Yuri Maltsev | Reuters The European Union is unlikely to impose an immediate oil embargo on Russia over its unprovoked invasion of Ukraine, according to two CNBC sources with knowledge of the discussions. The U.S. decided to […]
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With Putin’s war in Europe, the legacy of Germany’s Merkel is now being seen in a very different light
Former German Chancellor Angela Merkel waves goodbye as she departs from the Chancellery for the last time. Sean Gallup | Getty Images News | Getty Images With Vladimir Putin‘s unprovoked attack against Ukraine, political analysts are now reassessing the long and deeply complicated relationship the Russian leader had with ex-German Chancellor Angela Merkel, and how […]
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