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Russia warns it could stop oil exports

Russia will stop global oil exports if the West’s price cap makes it unprofitable to continue production, Deputy Prime Minister Alexander Novak told Russia’s Channel One on Thursday. “If these prices which they are talking about are lower than the costs for oil production… naturally, Russia will not ensure the …

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Russia could destroy half of Lithuania’s economy – governor

Moscow could bring down half of Lithuania’s economy in response to the partial trade blockade of Kaliningrad Region, Russia, its governor has said. “The transport sector of the Baltic states could be destroyed if Russia implements counter-sanctions on the goods coming in and out of the Baltic states,” Kaliningrad Region …

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Johnson government could break up UK – Ireland

London trying to override the Northern Ireland protocol of the Brexit deal could lead to people there turning away from the union, Ireland’s deputy prime minister Leo Varadkar said on Thursday, calling the actions of Boris Johnson’s government “undemocratic” and “disrespectful.” “What the British government is doing now is very …

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Germany warns entire industries could stop due to gas shortage

Germany could be forced to close down entire industrial sectors if there is a nationwide natural gas shortage, Economy Minister Robert Habeck told the newspaper Der Spiegel on Friday. “All factory activities will be suspended. It will be a disaster for some industries. And we are not talking about two …

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UK food prices could spike at 15% this summer

Food price inflation in the UK is expected to peak at up to 15% this summer, according to the latest report released by a grocery research body. It warned that the record-high prices would linger on for another year. In its latest report, the Institute of Grocery Distribution (IGD) said …

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UK could leave human rights court

The British government won’t rule out leaving the European Court of Human Rights (ECHR) over the decision that blocked a flight that would have taken a group of asylum seekers to Rwanda, Downing Street said on Wednesday. Preparations for another flight are already underway, and it might take off before …

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