Legitimizing cheap Russian crude could boost sales and muddle the message on Ukraine Western sanctions already had the perverse effect of increasing the energy profits financing Russia’s war in Ukraine — and the G7’s new plan to fix that by … Read More
Amid record-high inflation and a Russian gas squeeze, the European Union’s 27 states are addressing their economic woes against the backdrop of Russia’s invasion of Ukraine. Leaders of the European Union’s 27 member states are meeting for the second day … Read More
European Parliament lawmakers on Wednesday narrowly voted to back a European Commission proposal for a total ban on new CO2-emitting vehicles by 2035. The Commission last year unveiled plans to stop the sale of vehicles using internal combustion engines as … Read More
European Union leaders agreed late Monday to ban two-thirds of Russian oil imports as part of a compromise deal to increase pressure on Russia while accounting for the economic effects on some EU nations that are more reliant on Russian … Read More
The European Union plans to invest up to €300 billion to reduce its dependence on Russian fossil fuels, the European Commission announced. The European Union intends to mobilize up to €300 billion ($316 billion) by 2030 to become independent of … Read More
RIGA, Latvia — The Kremlin has sought to minimize discussion of Russian war losses inside Ukraine. But apparent Ukrainian attacks on Russian soil in the past week highlight how the conflict has spilled across the border, unsettling residents of regions … Read More
Pope Francis said he has asked for a meeting in Moscow to help bring about an end to the war and warned that Russian Orthodox Patriarch Kirill, a key backer of President Vladimir Putin’s fight against Ukraine, should not become … Read More
Europe Letter: Hardball Kremlin tactics could again serve to unify western countries. The timing of Moscow’s move to cut gas to Bulgaria and Poland was telling. It came just as the European Union approached a breakthrough on sanctioning Russian oil … Read More
Presidential candidate Marine Le Pen wants to make France the next country to leave the EU in a secret plan, according to French president Emmanuel Macron. The French president made the claims as he faces a harder-than-expected fight to stay … Read More
Ireland’s foreign minister is in Luxembourg for a meeting of the EU foreign affairs council, where further sanctions against Moscow will be discussed. The European Union needs to cut off financing for the Russian war in Ukraine by introducing sanctions … Read More