Tag: Europe
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Uncertainty over the situation in Ukraine has increased
The US, the European Union and other countries have imposed sweeping diplomatic and economic sanctions against Russia in response to the attack. The European Council has revoked Russia’s membership and Russia’s veto power in the United Nations Human Rights Council has been suspended. But Russia has dealt with these economic sanctions better than expected. Despite…
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European thirst for tequila spurs Agave Crunch
He can’t pour the tequila fast enough. Premium Shots. Margaritas. Palomas. Sunrise sometimes. “We definitely run out every weekend,” says 24-year-old bartender Shubham Walwalkar, who is struggling to keep pace with the thirst of customers at a packed Revolution bar in southwest London. Tequila, the king of Mexican liquors, is making a splash in Europe.…
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UN resolution calls for Russia to withdraw from Ukraine
The vote showed that India and China were not moved to explicitly condemn Moscow’s aggression, while both criticized Moscow’s threats to deploy nuclear weapons in the conflict. Prior to the vote Dai Bing, China’s deputy representative to the United Nations, took a neutral stance and called on both sides to stop fighting and enter peace…
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Healthy gas storage warms Europe, but it’s not enough
Although European prices have dropped to around 50 euros ($53) per megawatt hour (MWh) from last August’s peak of more than 340 euros, they are still above historical averages. This means European governments face another hefty bill to refill storage ahead of peak winter demand. To offset market volatility and avoid shortages, they will have…
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Biden, Putin display their alliance against the backdrop of Ukraine war
eastern edge of nato In Warsaw, Biden met with the leaders of nine Eastern European countries that were either aligned with Moscow or part of the former Soviet Union during the Cold War. Some of them are now among the strongest supporters of military aid to Ukraine. Biden said, “As the eastern flank of NATO,…
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Italy pursues Facebook-owned Meta for $925 million in sales taxes
Facebook parent company Meta is facing a potential tax bill of about 870 million euros ($925 million) in Italy after prosecutors launched an investigation into the company, two sources with direct knowledge of the matter said on Wednesday. The investigation was initiated by the magistrates of Milan at the request of the European Public Prosecutor’s…
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Why China’s military support for Russia would be a ‘game changer’
Throughout the war, Russia has struggled to muster enough personnel, ammunition and weapons to overcome the fierce Ukrainian resistance – forcing Putin to turn to mass conscription, mercenary groups and imports. Did. Meanwhile, Ukraine managed to fend off the Russian juggernaut and even gain the lead. But some experts believe the war is at an…
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Belarus to create 100,000-150,000 strong volunteer military force
“In case of aggression, the response will be swift, tough and fair,” Lukashenko said on Monday. Defense Minister Viktor Khrinin said the Territorial Defense Force would have 100,000–150,000 volunteers or more if needed. The paramilitary force would ideally be set up in every village and town. According to the 2022 International Institute for Strategic Studies…
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Putin prepares for key Ukraine war speech after Biden walks streets of Kiev
“The price Ukraine has had to pay is extraordinarily high. The sacrifices have been enormous. … We know the days and weeks and years ahead will be difficult.” Outside the cathedral, burnt-out Russian tanks stand as a symbol of the failed assault on Moscow at the beginning of the invasion of the capital, which began…
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IEA’s Birol warns of tighter energy supplies next winter
An additional 23 billion cubic meters (bcm) of LNG is expected this year, Birol said, even with an easing of pandemic restrictions with only a small increase in economic output, with China swallowing 80% of the additional gas. is likely to. “Even if we have enough LNG import terminals, there may not be enough gas…
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Finland wants to join NATO with Sweden
Finnish Prime Minister Sanna Marin said on Saturday that Finland still wants to join NATO along with Sweden despite Turkey’s objections to its neighbor’s membership bid. “We have sent a very clear signal and a very clear message to Turkey and Hungary that we want to enter NATO together and it is in everyone’s interest,”…
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Talks on expanding Black Sea grain deal to begin in a week: Ukraine
A senior Ukrainian official said on Friday that talks would begin in a week on expanding a UN-backed initiative that has enabled Ukraine to export grain from ports blocked by Russia. Last July the Black Sea Grain Initiative, brokered by the United Nations and Turkey, allowed grain exports from three Ukrainian ports. The agreement was…
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TikTok plans 2 more data centers in Europe amid data security concerns
TikTok plans 2 more data centers in Europe amid data security concerns
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Ukraine war boosts European demand for US weapons, but not big-ticket items
large and small drones Smaller drones and larger unmanned aircraft, which cost around $20 million without sophisticated sensors, cameras and other “extras”, have also appeared on shopping lists. Finland and Denmark began talks with General Atomics after Russia invaded Ukraine last February, a source familiar with the discussions told Reuters. They want to buy a…
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Kiev says it shot down Russian balloons over Ukraine’s capital
Moldovan airspace closed Ukraine’s southwestern neighbor Moldova, which has reported several Russian missile incursions into its airspace in recent months, also reported an unidentified Russian object over its territory. The country closed its airspace for more than an hour on Tuesday after authorities spotted a flying object that “looked like a weather balloon”. Igor Grosu,…