Boxing icon Tyson Fury has reeled off the lofty figure that will get him back into ring amid reports that he was prevented from boarding a flight to the US for past links to alleged Irish crime boss Daniel Kinahan. The WBC and The Ring heavyweight champion claims to be …
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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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Saudi Arabia’s oil and gas giant Saudi Aramco has unexpectedly raised its selling prices for Asia, sparking global concerns over tightening supplies. The world’s largest oil exporter increased the official July price for its flagship Arab light crude by $2.10 a barrel from the June level, Aramco announced on Sunday. …
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Major producers of food and beverages in Japan are planning to raise prices for 3,615 items from June, while the total number of items that are expected to see price hikes will total some 8,400 this year, according to a poll carried out by Teikoku Databank. “This summer looks to …
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The Group of Seven (G7) countries, represented by their respective finance ministers and central bank governors, on Thursday discussed the creation of a cartel of buyers in order to control the price of Russian oil. This was announced by US Treasury Secretary Janet Yellen in comments to reporters between G7 …
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The natural gas price in Bulgaria has soared by 13.7%, the state news agency BTA reported on Friday. Bulgaria’s Energy and Water Regulatory Commission (EWRC) has set a new price of 162.17 BGL, or €82.83 per megawatt hour (MWh) compared to the April rate of €72.83, according to the agency. …
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The European Commission may waive competition regulation in order to let EU nations put caps on gas prices for consumers if Russian gas supplies stop, German newspaper Welt am Sonntag reported on Saturday. According to the commission document on “short-term energy market interventions,” seen by the media, EU member states …
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Americans are reeling from surging gas prices, food prices, and the price of rent – all of which have steadily risen since the start of the pandemic. US President Joe Biden has chosen to blame Russian President Vladimir Putin for the situation, dubbing it “Putin’s price hike” – but people …
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New research by think tanks Ember and Global Witness has found that at current prices, the EU’s projected natural gas demand for 2030 could cost €250 billion ($263 billion) more than the European Commission originally estimated. Europe is so reliant on gas that even cutting Russian supplies still means governments …
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Russia will pay an “astronomical” price should its President Vladimir Putin order the use of tactical nuclear weapons in Ukraine, the US Under Secretary of State for Political Affairs Victoria Nuland said on Friday, amid the ongoing Russian offensive. In an interview for the Ukrainian outlet European Pravda, Nuland was …
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