Known by its German acronym BMWi, the ministry sent its analysis of the pipeline to the body, known as the Bundesnetzagentur, on Tuesday. The agency has four months to finalize the certification process, and has already started the clock on September 8. “In its analysis, the Federal Ministry of Economics …
Read More »Oil hits multi-year highs on tight global supply
Global benchmark Brent crude jumped 71 cents, or 0.8%, to $86.24 a barrel, continuing growth after seven consecutive weekly gains. Earlier in the session, Brent price brushed $86.43 a barrel, reaching its highest level since October 2018. US benchmark West Texas Intermediate (WTI) crude futures gained 87 cents, or 1%, …
Read More »Russia will cut gas supply to Moldova unless debt is paid and new contract signed before December 1 – Gazprom
The company says that Moldova’s government has created the gas supply crisis the country now finds itself in, and that Moldova’s total debt is currently $709 million. However, Gazprom insisted that the situation has nothing to do with politics, since the company can’t afford to operate at a loss. Moldova …
Read More »More than HALF of Americans polled say they’ve been personally affected by supply shortages in US, new survey shows
Conducted by polling firm Trafalgar earlier this week, the new survey showed that nearly 54% of 1,000 Americans polled said they had personally encountered “delays or shortages when attempting to purchase common consumer products,” suggesting significant scacities across the country as the effects of Covid-19 and associated government lockdowns continue …
Read More »America’s supply-chain crisis will drag into 2022, Pete Buttigieg tells CNN… taking brief break from his paternity leave
“Certainly, a lot of the challenges that we’ve been experiencing this year will continue into next year,” the former presidential candidate told CNN host Jake Tapper on Sunday. Buttigieg tried to put a positive spin on the protracted crisis, arguing that it reflects surging US demand for consumer goods. “Retail …
Read More »US supply chain chaos continues as press reveals Biden’s Transportation Secretary Buttigieg has been on paternity leave for months
A spokesperson for Buttigieg revealed the White House official has been absent from the office on paid leave for approximately two months to Politico this week. “For the first four weeks, he was mostly offline except for major agency decisions and matters that could not be delegated,” the spokesperson said. …
Read More »British MILITARY ‘on standby’ to deploy trucks & drivers amid fuel supply shortage blamed on ‘panic buying’
UK Defence Secretary Ben Wallace announced the plans on Monday night, with the government stating that army tanker drivers would receive specialized training to “enable them to seamlessly work with industry to address the supply chain pressures.” “The men and women of our armed forces stand ready to alleviate the …
Read More »Germany says Russia is fulfilling its obligations under European gas supply agreements
“According to our information, Russia is fulfilling the existing supply agreements… We do not know about the deliberate disregard of the existing contracts,” Ungrad stated, as cited by RIA Novosti. She stressed that the department is monitoring the situation with gas prices, but believes that the market should be the …
Read More »Energy crisis stretches to UK food-supply chain, already bruised by labour shortage amid Brexit & Covid-19
Carbon dioxide is a by-product of fertiliser production that is used to stun animals before slaughter as well as for the packaging process that prolongs the shelf life of all meat, and in fizzy drinks and beer. However, soaring gas prices have brought about a slowdown at some chemical factories …
Read More »Florida & Texas fume as Biden seizes and RATIONS supply of life-saving Covid treatments
Monoclonal antibodies (MAB) are lab-created proteins that help those already infected deal with the virus. They have been intensively deployed in Alabama, Georgia, Florida, Louisiana, Mississippi, Tennessee and Texas – states dealing with the recent surge of Delta-variant cases. With the exception of Louisiana, they are all run by Republicans. …
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