Soviet T-34 tanks roll toward Red Square during the Victory Day military parade marking the 75th … [+] anniversary of the Nazi defeat in Moscow, Russia, on June 24, 2020. Host Photo Agency It wa...
Tag: Europe
Russia Loses 60% of Its Seaborne Crude Market in Europe
(Bloomberg) — Russia has lost three-fifths of its seaborne crude sales in Europe since Moscow sent troops into Ukraine in February. That market is going to vanish almost completely eight weeks f...
Europe’s Car Makers Cut Sales Forecast; Seek Government Help, Electric Charging Subsidy
Oliver Zipse, CEO of BMW is also president of ACEA. He is standing in front of a BMW i4 electric car … [+] (Photo by TOBIAS SCHWARZ/AFP via Getty Images) AFP via Getty Images European carmakers ...
Heat wave crisis in Europe grows as locals lack air conditioners
Europe is facing a tough winter, as inflation and energy prices continue to rise. The continent also faces tough decisions following its scorching hot summer Heat waves in Europe broke records, sparke...
Who’s Gouging Europe On Natural Gas Prices? Look To The Middle Man
Manuela Schwesig (3rd R), State Premier of the German state of Mecklenburg-Western Pomerania, and … [+] Markus Soeder (2nd L), State Premier of the southern federal state of Bavaria, visit a sit...
FTX Rolls Out Visa Debit Card to Europe, Asia, and Latin America
FTX exchange will launch a Visa debit card in 40 countries to allow its customers to pay for goods and services using crypto. The card will initially roll out to FTX customers in Latin America, Europe...
EU Bans Russians from Making Crypto Transactions to Europe
The European Commission ensures it enforces the sanctions across Europe. The EU remains to support Ukraine and its people alongside several international partners. Following recent EU sanctions, Russi...
Europe finalizes landmark crypto rules after two years of debate; US efforts stalled
Join Our Telegram channel to stay up to date on breaking news coverage Officials from the European Union have reached agreement on the final text of their historic crypto legislation, which may pave t...
Did Putin Sabotage His Own Pipeline? Perhaps He’s Not The Only Irrational Political Leader
Nord stream 1 and 2 pipeline 3D rendering getty Blasts were heard at the Nord Stream 1 pipeline last week, and damage to the pipeline itself was detected underwater shortly thereafter. Russian sources...
After 2 Years of Debate, Europe Finalizes Landmark Crypto Rules
European Union officials have agreed on the final wording for its landmark crypto legislation which could pave the way for a Europe-wide regulatory approach. The full legal text of the Markets in Cryp...
Gas and energy prices in Europe tumble; What to expect next?
European energy and gas prices plunged over the past weeks as a reaction to governments stepping up to curb a crisis that threatens to throw the entire euro area into a recession. The bailout style o...
Europe Energy In Deep Crisis Mode
A screen grab from Danish Defense shows the gas leaking at Nord Stream 2 seen from the Danish F-16 … [+] interceptor on Bornholm, Denmark on September 27, 2022. (Photo by Danish Defence/Anadolu ...
European Auto Industry Faces Sliding Sales, But Bigger Hit To Profits
Car sales set to fall. getty European auto manufacturers face a big hit to their businesses as recession looms and inflation eats away at consumer confidence, while threats to world peace also undermi...
Oil Prices Slip Despite Prospect of Major Supply Cut
Oil prices fell slightly in early trading after two sessions of strong gains, ahead of an OPEC+ meeting on Wednesday when the oil group and its allies are expected to debate the biggest reduction in o...
Reversing Energy Export Boom Is Economic Dead End For Biden
WASHINGTON, DC – U.S. President Joe Biden is reportedly considering reversing a decades-old decision … [+] to allow the export of U.S. produced oil and natural gas. (Photo by Al Drago/Gett...
Europe made a mistake with Russian energy, now it needs to spend big
U.S. Senator Chris Murphy on Tuesday criticized Europe’s overreliance on Russian energy, saying it had come at a heavy cost and called on the region to start investing heavily in alternative sup...
Is Credit Suisse Going Bust?
Swiss banking giant Credit Suisse is struggling to restructure in the wake of scandals and accusations which include money laundering for the Bulgarian Mafia. Their credit default swaps, which reflect...
What are the best business hotels in Europe: London, Paris, Frankfurt
International travel may still have its challenges. But finding a solid hotel for a business trip isn’t one of them. CNBC Travel and the market data firm Statista today release a ranking of...
Is Credit Suisse the 2022 Lehman Brothers?
The nightmare resurfaces. The visions of red screens in panicking trading rooms return. And the September 2008 images and photos of Lehman Brothers employees leaving the New York headquarters with box...
Did Europe Move To Renewables Too Fast Or Too Slow (Or Just Right?)
Wind turbines are seen near the coal-fired power station Neurath of German energy giant RWE in … [+] Garzweiler, Germany. (Photo by INA FASSBENDER/AFP via Getty Images) AFP via Getty Images Ther...
Crypto Mining Becomes Unprofitable in Europe
So Far September has been a disastrous month for the mining community as the Ethereum blockchain was finally switched to the Proof-of-Stake (PoS) protocol. This has finally put an end to the expensive...
How Low Will the Stock Market Go? S&P 3300 Might Just Be the Start.
The stock market desperately wants to put in a low. The Federal Reserve won’t let it. You wouldn’t know that from looking at the market this past week. On the one hand, U.S. economic data remains stro...
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils – Bitcoin News
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come a...
Asset Management Giant BlackRock Launches Blockchain Technology Exchange-Traded Fund (ETF) in Europe
BlackRock, the world’s largest investment manager, is offering its European customers a chance to invest in a new blockchain technology exchange-traded fund (ETF). The firm’s launch of iShares Blockch...
BlackRock Launches Crypto ETF In Europe Amid Regulatory Concerns
BlackRock, the world’s largest asset manager has maintained its stance to increase its services in the digital asset world. The asset management firm has launched a new blockchain exchange traded fund...
Arrival Stock Soars. It’s Got Plans for Microfactories to Build EV Vans.
Shares in Arrival were rising in early trading after the company said it had produced a vehicle in one of its microfactories for the first time. The milestone is a welcome boost for the embattled elec...
BlackRock Digital Asset Managing Ecosystem Launched Blockchain ETF in Europe
BlackRock is achieving an unprecedented milestone in the global crypto industry. BlackRock launched ETF in Europe for the betterment of the Crypto industry. Blackrock is ranked as th...
BlackRock launches a blockchain ETF in Europe
BlackRock has launched an ETF dedicated to blockchain technology aimed at European clients. It is the iShares Blockchain Technology UCITS ETF (BLKC), which is an ETF that replicates the NYSE and Fact...
Investment Behemoth BlackRock Introduces Blockchain ETF in Europe (Report)
The world’s largest digital asset manager – BlackRock – reportedly launched a blockchain exchange-traded fund (ETF) for the European market. The product enables such consumers to gain exposure to comp...
The U.K. Economy Is Having a Meltdown. Why It’s Going to Get Worse.
The recent sharp drop in the British pound and in U.K. government bonds means traders are at panic stations, with repercussions being felt across the globe. The spectacular drops in the past month wer...