Finance and banking

German recession fear grows as Russian gas slows

June 30, 2022 6:42 pm

Economy Minister Robert Habeck said Russia could shut the undersea Nord Stream pipeline by July 11.

Supreme Court handcuffs Biden’s climate efforts

June 30, 2022 5:57 pm

It also comes amid accumulating warnings from scientists that human-caused climate change is increasing the likelihood of more severe floods, droughts, storms and other calamities in the coming decades.

UK to use climate and aid cash to buy weapons for Ukraine

June 30, 2022 3:38 pm

London says it has climate finance ‘underspends’ that can be used to help Kyiv, angering campaigners.

UK defense spending to hit 2.5 percent of GDP by 2030, vows Boris Johnson

June 30, 2022 3:17 pm

Under-pressure UK prime minister says boost needed in ‘a more dangerous and competitive world.’

Ukraine warns of looming financial crisis if aid doesn’t come

June 30, 2022 1:46 pm

Berlin is stalling EU aid due to its reluctance to provide guarantees.

Does Mario Draghi still have ‘whatever it takes’?

June 30, 2022 6:00 am

For many investors, the Italian prime minister is the last man standing between the eurozone and the abyss. What happens when he goes?

The ECB is now a prisoner of war

June 29, 2022 2:03 pm

The ECB is priming a new ‘tool’ to help contain borrowing costs while signalling rate hikes are imminent.

It’s not going to be easy for the G7 to cap the price of Russian oil

June 28, 2022 8:32 pm

Legitimizing cheap Russian crude could boost sales and muddle the message on Ukraine.

EU engine ban splits Germany’s coalition

June 28, 2022 4:36 pm

Key German ministers are at odds over the European Commission’s call to end the sale of CO2-emitting cars by 2035.

France wants cap on oil prices worldwide — not just Russia

June 27, 2022 5:54 pm

A strategy the US proposed to target Russian oil should apply to all oil producers worldwide.

Italy’s economy enters choppy waters

June 27, 2022 3:25 pm

Italy faces a triple threat of a gas squeeze, higher interest rates and looming elections.

Russia misses bond payment deadline — but does it matter?

June 27, 2022 1:51 pm

The most likely result of Russia failing to service its foreign debt is further isolation from financial markets.

Battered by lawsuits, Coinbase seeks liability guarantees in EU

June 27, 2022 1:05 pm

US plaintiffs claim that the exchange misled them about the security of stablecoins.

The G7’s chance for a just climate transition

June 27, 2022 4:33 am

Today’s summit must be where rich nations finally deliver on the finance promises they have made. 

All that glitters won’t be sold: G7 bans Russian gold

June 26, 2022 10:03 am

Ban is latest effort to undercut Russia’s extraction-based economy in response to war in Ukraine.

Less talk, more action from the G7 on climate change

June 25, 2022 4:43 pm

Leaders meeting starting Sunday in Bavaria turn to carrots rather than sticks to push global climate efforts.

EU leaders agree the economic outlook is bleak, but split over the remedies

June 24, 2022 6:19 pm

There was little interest in a special summit in July, despite the pressing economic challenges.

‘Surprise’ jailing in Vietnam tests US, EU climate strategy

June 24, 2022 6:39 am

The sentencing of Ngụy Thị Khanh, her country’s most high-profile environmental voice, to two years in prison for tax evasion raises questions about Vietnam’s commitment to ditching coal.

Crypto industry fears EU crackdown on NFTs

June 23, 2022 1:53 pm

Lawmakers want to prevent scam artists and money launderers from abusing the unregulated industry.

A wonk’s guide to the Czech EU presidency policy agenda

June 23, 2022 6:00 am

With Europe beset by multiple crises, Prague will focus on energy security, trade deals and climate change.

SPONSORED CONTENT FROM Sovereign Sustainability & Development

Financing new global health emergency framework is within reach

June 22, 2022 2:01 pm

G20 health and finance ministers and G7 heads of government asked to align agendas as they gather to discuss global pandemic preparedness and response

Smugglers’ secrets: How Russia can beat EU sanctions

June 21, 2022 8:59 pm

It’s only a matter of time before Russia starts pulling tricks on ships at sea and sending goods via friendly countries to avoid and evade sanctions.

German finance minister breaks ranks on EU plans to scrap the car by 2035

June 21, 2022 5:25 pm

Christian Lindner says EU’s draft policy was ‘wrong.’

Crypto’s clout in US is imperiled as market melts down

June 19, 2022 11:55 am

As the Federal Reserve cranks up its campaign to rein in inflation, investors are dumping risky assets in anticipation of rising interest rates.

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