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EU could cap gas prices in case of Russian sanctions
... The European Union could cap natural gas prices to avoid excessive costs if Russia, the region's biggest supplier, restricts or cuts off the flow. None India bans wheat exports as Food Security Comes under Threat Food Security comes under Threat. The European Commission is planning to replace Russian gas imports with energy-market intervention measures, as part of a package to replace Russian gas imports after the invasion of Ukraine. According to a draft document seen by Bloomberg News , it is going to be ...
Updated: 05/14/2022
Pfizer, BioNTech push back COVID vaccine deliveries by 3 months
... LONDON ACCRA Pfizer Inc and its German partner BioNTech SE said on Friday that they had agreed to push back deliveries of their COVID 19 vaccines to the European Union by three months as the bloc prepares for a potential booster campaign in the fall. The European Commission has changed their supply agreement with the companies to push back delivery of doses scheduled for June through August through September through the fourth quarter of this year. If and when this is needed later in the year, the amendment meets ...
Updated: 05/14/2022
Lithuania mulls bypassing Belarus to transport grains to Lithuania
... humanitarian corridor through Belarus, Skuodis told reporters on Tuesday. The minister said that there are still conversations on the corridor but it should be the responsibility of international institutions, including the United Nations or the European Commission . There are talks on the corridor BNS, but it is first of all the duty of international institutions to reach certain agreements, because if a Ukrainian shipment came from Belarus, we would certainly accept it, the transport minister said. ...
Updated: 05/14/2022
Northern Ireland’s power struggles as DUP refuses to back speaker
... reiterated her threat to scrap parts of the protocol, which she described as the biggest obstacle to forming a new Northern Ireland executive. Boris Johnson is expected to give a speech on the future of the protocol after exchanges between Truss and the European Commission Vice-President Maro ef ovi, a UK source described as tetchy.
Updated: 05/13/2022
EU countries agree to tighter cybersecurity rules
... EU countries and lawmakers agreed on Friday to tighter cybersecurity rules for large energy, transport and financial firms, digital providers and medical device makers amid concerns about cyber attacks by state actors and other malicious players. The European Commission proposed rules on the cybersecurity of network and information systems called the NIS 2 Directive two years ago, which expands the scope of the current rule known as the NIS Directive. The new rules apply to all medium and large companies ...
Updated: 05/13/2022
EU mulls delaying move on Russian oil
... the end of May. The EU's foreign policy chief, Josep Borrell , told reporters Friday that he would push foreign ministers to give the political impetus for the package, including the oil embargo, if ambassadors don't reach an agreement before then. European Commission President Ursula von der Leyen had scheduled a video call with Orban and regional leaders earlier this week to discuss a possible compromise. The call was postponed and has yet to be rescheduled. The EU proposes to ban crude oil over the ...
Updated: 05/13/2022
DUP to join Northern Ireland Assembly, block formation
... deputy leader Michelle O Neill the putative first minister. The DUP move is intended to send a signal to Downing Street and the European Union that the party is willing to ratchet up tensions in Northern Ireland to get changes to the protocol, which puts ... ... Boris Johnson, the prime minister, and Liz Truss, the foreign secretary, and strengthen their hand in a showdown with the EU Commission . They have threatened to abandon parts of the protocol, but Donaldson said he wanted action, not words. Today is ...
Updated: 05/13/2022
EU says it's a matter of days for Russia sanctions deal
... on the previous package of penalties, but in the end the measures were adopted unanimously. Beaune also announced on Tuesday that French President Emmanuel Macron will hold a phone call with Hungarian Prime Minister Victor Orban and the head of the European Commission , Ursula von der von der Leyen . This follows Monday's meeting of von der Leyen and Orban in Budapest. After the talks, the European Commission president said they were helpful in clarifying issues related to sanctions and energy security....
Updated: 05/12/2022
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