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Western Europe headed for ‘energy collapse’ – Hungary

Western Europe’s policy of rejecting Russian energy, even in the absence of suitable alternatives, could lead to systemic collapse when the public is left without heat this winter, Hungarian Foreign Minister Peter Szijjarto warned on Monday. “All these statements … from Western Europe on the issue of energy supply simply …

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Key energy market headed for crunch this winter – experts

The liquefied natural gas (LNG) market could be hit with a potentially historic shortage this winter as the world rushes to secure the super-chilled fuel, Bloomberg reported this week, citing experts. According to the sources, the EU’s plan to cut imports of piped Russian gas by two-thirds by the end …

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East Ukraine headed for ‘full-scale war’ – separatist leader

Full-scale war in eastern Ukraine can break out at any moment, with an attack by forces loyal to the government in Kiev, the head of the breakaway, unrecognised ‘Donetsk People’s Republic,’  Denis Pushilin, told Russian media on Friday evening. “Kiev can start a full-scale assault on Donbass at any moment, …

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Police on alert for Nazis headed to Ukraine – reports

British counter-terrorism police have been interrogating travelers headed to Ukraine over the past several days, seeking “far-right extremists” who might want to get weapons training and military experience there, the Guardian reported on Wednesday. Officers at departure gates of “at least one main British airport” have quizzed people bound for …

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Pentagon thought North Korean missile was headed for US – media

US military and aviation officials were briefly convinced that a North Korean missile launch earlier this week could pose a threat to the ‘homeland’, CNN reported, but early readings were soon dismissed as inaccurate. Moments after Pyongyang fired a hypersonic missile off its east coast as part of a weapons …

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Bitcoin headed for second-largest monthly drop on record

Bitcoin was trading near $36,426 at 14:28 GMT on Monday, with losses for May totaling almost 37.5%. It is just short of the record 40% slide in September 2011, according to Bitstamp data.  In a major selloff, the cryptocurrency nosedived to around $31,227 on May 24 – over a 50% …

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