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Germans warned of toilet paper shortage

The crisis on the European gas market could lead to reduced production of toilet paper in Germany, according to Martin Krengel, chairman of the nation’s paper industry association, Die Papierindustrie. “We are particularly dependent on gas for the production of tissue paper. Without it, we will no longer be able …

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EU warned of years of high gas prices ahead

Gas prices in the EU will remain high for several more years, Russia’s vice-premier and former energy minister, Aleksander Novak said on Friday, warning of serious problems across Europe when the autumn-winter period starts. Speaking at the St. Petersburg International Economic Forum, he said that the bloc needs to pump another …

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Germans warned of ‘difficult autumn’ and ‘tough winter’

Germans should brace for a difficult autumn and winter due to skyrocketing prices, as the country pushes for independence from Russian energy, the Vice Chancellor, and head of the Ministry of Economy, Robert Habeck warned on Friday. “As for the support of the people who need it, I clearly indicated what …

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Germans warned of further food price hikes

Food prices in Germany will continue to rise, the German Farmers’ Association warned on Wednesday, citing soaring energy costs as a major factor. The conflict in Ukraine and its economic fallout have had “a massive impact on German agriculture,” Joachim Rukwied, president of the German Farmers’ Association, said in an …

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Britons warned of winter blackouts

As many as six million British households could be subjected to power cuts this winter if Russian gas supplies to Europe stop, The Times reported Sunday, citing a Whitehall document. It said that imports of natural gas from Norway could halve next winter amid surging EU demand. Britain buys around …

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Europeans warned of ‘permanently high’ energy costs

A EU commissioner, Margrethe Vestager, told Germany’s Handelsblatt newspaper on Wednesday that European consumers will have to put up with permanent price increases for energy as the continent wants to become independent from Russian imports. “A significant part of European industry relies on ultra-cheap energy from Russia, super-cheap Chinese labor …

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Germany warned about its role in Ukraine conflict

If a nation provides “instructions or training” to a party to a conflict, including in using specific weapons in addition to supplying it with arms, this nation could lose its “safe” status as a neutral party in the conflict under international law, the panel of experts told German MPs in …

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West warned against sanctioning Russian energy sector

If Western sanctions lead to Russia’s oil exports being completely cut off, the world can expect the international energy market to collapse, a senior figure at the American rating agency Fitch said on Tuesday. Speaking in an interview with Russian news agency TASS, Dmitry Marinchenko explained that the current spike …

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