TAG: Conflict
Expensive fuel and million dollar missiles: Counting the cost of the Red Sea crisis
The combat reports from Western navies operating in the Red Sea in recent days read like missives fr...
8 months ago
Middle East braces for chaos as Iran and West square up
Western warplanes and guided missiles roared through the skies over Yemen in the early hours of Frid...
8 months ago
The Gaza war is escalating. How bad will the Middle East crisis get?
On October 7, Hamas fighters launched a bloody attack against Israel, using paragliders, speedboats...
8 months ago
Yemen: West ignored our warnings about Houthis to court Iran for nuclear deal
BRUSSELS — The U.S. and EU were so determined to court Iran for a nuclear deal over recent years tha...
8 months ago
The EU has a €30 billion hidden fees problem
Last year, European consumers and businesses lost €30 billion to hidden fees when sending and spending money internationally. And it is only getting worse, in 2019 it was €22 billion. But there is an easy way to crack down on these hidden charges: taking...
6 months ago
Ukrainians are still waiting for Abramovich’s billions
LONDON — More than £2 billion was promised to Ukrainian war victims thanks to the forced sale of Chelsea Football Club.It was to be the largest nongovernmental aid package Europe had ever seen, but nearly two years on and not a penny from the record-break...
6 months ago
Italy can do without Russian gas, says energy minister
ROME — Italy has emancipated itself from Russian natural gas and would have no problem with a proposed package of EU sanctions on liquified natural gas (LNG) that the European Commission is considering, Italian Energy Minister Gilberto Pichetto Fratin sai...
5 months ago
‘Blood minerals’: EU accused of fueling conflict with Rwanda deal
Europe’s hunger for minerals for its electric cars and microchips is sparking accusations that it is inflaming conflict in eastern Congo, one of the world’s worst humanitarian crises that has killed 6 million people over recent decades.The outrage was pro...
2 months ago
Habeck blames China’s Russia support for worsening Berlin-Beijing relations
German Vice Chancellor Robert Habeck on Saturday pointed to China’s support for Russia in the war against Ukraine as the main reason for deteriorating economic relations between Berlin and Beijing, as he reiterated warnings about the economic consequences...
2 months ago
David Lammy appointed as UK foreign secretary
LONDON — Labour MP David Lammy has been appointed as the U.K.’s new foreign secretary.Lammy, who represents Tottenham in parliament, has shadowed the top foreign affairs brief for his party in opposition since 2021.Britain’s new prime minister Keir Starme...
2 months ago
EU imposes restrictions on former climate official over his new gas role
The EU has allowed a former top Green Deal official to take up a role for a major gas network operator — although with restrictions imposed on his work there.Diederik Samsom, who was chief of staff to former EU Executive Vice President Frans Timmermans an...
2 months ago
US eyes Iranian oil exports as threat of Israel attack grows
The U.S. State Department said it is eyeing measures to clamp down on Iran’s oil exports amid rising worries about Tehran’s vow to take revenge against Israel for the killing of a top Hamas leader.Despite the tightening of sanctions on the Islamic Republi...
2 months ago
The battle over Iran’s terror financing
It’s the Middle East’s quiet war. How can you cut Hezbollah off from its lifeblood — Iranian petrodollars?While the world’s attention has been focused on Gaza and the intensifying skirmishes farther north between Israel and Lebanon’s Hezbollah, which dip...
1 month ago
Why energy is Israel’s weak spot
The darkness that fell over Israel earlier this year underlined the vulnerability of the country’s energy system.For hours at a time, neighborhoods in Tel Aviv, nearby Petah Tikva and the southern city of Beersheba were left without electricity while trai...
1 month ago