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Exports of Russian aluminum see tenfold surge in July

In physical terms, the July exports reportedly exceeded three million tons. Earlier this year, the Russian authorities imposed a 15% tax, or a minimum of $254 per ton, on aluminum exports between August and December. The tariffs also target foreign sales of ferrous and non-ferrous (copper, nickel, aluminum) metals and …

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Russia’s Gazprom ramps up production as gas exports surge

The gas producer said its output totaled 337.2 billion cubic meters, marking a year-on-year growth of 17.9%, according to the company’s report, released earlier this week. At the same time, natural gas exports outside the former Soviet Union saw an increase of 19.4% to 131.3 billion cubic meters. Supplies of …

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EU removes US from safe-travel list due to Covid-19 case surge

Monday’s announcement by the European Council amounts to a recommendation to the bloc’s 27 member states, which technically retain sovereignty over their own borders. It reverses the June recommendation to ease restrictions on US travelers. The EC updates its travel recommendations every two weeks, based on Covid-19 infection levels. To …

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Pfizer vaccine losing effectiveness amid Delta variant surge, Israeli Health Ministry says as it mulls 3rd shot & new restrictions

The vaccine fell to 64% effectiveness in preventing symptomatic infection over the last month, the Health Ministry reported on Monday, noting that the decrease coincided with the rapid spread of the more contagious Delta variant across Israel. The health officials however said the Pfizer shot still offers strong protection against …

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