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Iran’s exports to EU up 45% y/y in May to €102 mln
Jul 18, 2022 00:20Figures by the European Union’s statistics agency (Eurostat) show Iran’s exports to EU countries rose significantly in May.
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Shell warns Europe may face energy rationing in ‘really tough winter'
Jul 17, 2022 07:54European consumers should expect energy rationing next winter amid persisting rise in costs and the potential cut-off of Russian gas supplies, chief executive of UK-based energy giant Shell has warned.
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Serbian president: West fighting world war against Russia via Ukrainians
Jul 15, 2022 04:05Serbian President Aleksandar Vucic has accused the West of fighting a world war against Russia by means of Ukrainians.
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Ukraine breaks diplomatic ties with N Korea over recognition of breakaway regions
Jul 14, 2022 13:28Ukraine's foreign ministry says it severed diplomatic relations with North Korea after Pyongyang officially recognized Donetsk (DPR) and Luhansk People's Republics (LPR), Ukraine’s two eastern breakaway regions.
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EU Commission slashes bloc’s economic growth forecasts as war-stoked inflation soars
Jul 14, 2022 13:16The European Commission has slashed the European Union’s economic growth forecasts as the ongoing Ukraine-Russia military conflict fuels record-high inflation, which is continuing to destabilize the economy of the bloc’s member states.
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Disruptions in natural gas supply can cause recession in Europe, IMF warns
Jul 14, 2022 04:04The International Monetary Fund (IMF) has warned that Europe could plunge into recession as a result of the disruptions in natural gas supply triggered by the ongoing war in Ukraine.
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Nine EU states reject Israeli regime’s ‘terrorist’ designation of Palestinian NGOs
Jul 13, 2022 01:51Nine European Union states have rejected the Israeli regime’s terrorist designation of six Palestinian civil society groups, saying they will continue their cooperation and strong support for the organizations.
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EU approves one billion euros in financial aid to Ukraine, freezes Russian assets
Jul 12, 2022 12:18The European Union (EU) has approved one billion euros in financial aid to Ukraine while freezing Russian assets worth more than 13 billion dollars over Moscow’s months-long military offensive in the former Soviet republic.
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Ukraine says has hit ammunition depot in Russian-controlled south
Jul 12, 2022 10:12Kiev says it has targeted a Russian ammunition depot in what it called a successful long-range missile strike in southern Ukraine.
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Europe on edge as Nord Stream Russian gas link enters shutdown
Jul 11, 2022 09:02The largest single pipeline carrying Russian gas to Germany has been shut down for an annual maintenance which is expected to last ten days, amid fears that the closure may be extended due to the Ukraine conflict.