ECB Raises Interest Rates Further as Inflation Soars in Eurozone
The European Central Bank (ECB) has hiked interest rates again on Thursday by the largest increment since the bank’s founding.
Europe
France Residents Told to Cut Energy Use, Warned Power Rationing Is on the Table
The people of France have been told to cut their energy use and warned that power rationing is on the table for the country’s residents.
CERN May Be Forced to Shut Down Large Hadron Collider Due to European Energy Crisis
The European Organization for Nuclear Research (CERN) maybe be forced to shut down its famous Large Hadron Collider (LHC) in Switzerland due to the growing energy crisis in Europe.
Tens of Thousands Flood Streets of Prague to Protest Energy Crisis: ‘Europe on the Brink’
Tens of thousands of people flooded the streets of Prague over the weekend to protest against the Czech government’s handling of the energy crisis.
Europeans Warned to Prepare for Cold, Dark Winter Due to ‘Unprecedented’ Energy Shortages
European families are being told to prepare for a looming cold and dark winter amid warnings of “unprecedented” energy shortages and power failures.
Russia Halts Gas Flows to Europe, Germany Claims ‘No Cause for Alarm’ Yet
Russia has halted gas supplies to Europe via a key European supply route citing maintenance issues, according to reports.
Germany’s Fears of Winter Gas Shortages Ease as Storage Fills up Faster than Expected
Germany’s Economy Minister Robert Habeck has announced that the German government’s fears of major natural gas shortages over the winter are easing.
Another Two Fertilizer Plants Shut Down in Europe over High Gas Prices
Two more fertilizer plants have been forced to shut down in Europe over high gas prices, placing further strain on the farming industry and global food supply chain.
European Central Bank Chief Blames ‘Climate Change’ for Record High Inflation
The head of the European Central Bank (ECB) has claimed that “climate change” is to blame for the record high inflation that’s impacting nations around the world.
Europe Must Slash Gas Usage by 20% to Survive Winter, IEA Chief warns
Europe must drastically reduce natural gas consumption in order to survive through the winter, the head of the International Energy Agency (IEA) has warned.