Britain Activates Coal Plants For Electricity
For the first time this winter in Britain, the electric utility National Grid requested that coal-fired plants go on standby on Tuesday to be ready to generate power, as a…
India Enacts More Control Over Cryptocurrencies.
According to a government statement published Tuesday, in its latest move to try and enact more control over the cryptocurrency sector the Indian government has placed the trading of cryptocurrencies…
600,000 Small And Micro Businesses Fear Failing Due To Cost Of Living Crisis
On Monday, Sky News reported that a new study by website builder GoDaddy has found that roughly 600,000 small and micro businesses in Britain are worried they may have to…
Yuan Overtakes Dollar As Most Traded Currency On Russian Stock Market
On Monday, Kommersant, the Russian business news outlet reported that the Chinese yuan has overtaken the US dollar as the most traded currency on the Russian stock market for the…
India and Sri Lanka To Ditch Dollar In Trade
As India and Sri Lanka look to strengthen their ties through trade and investments, they have now begun discussing shifting from the usage of dollars in settlements to using the…
Aramco Increases Oil Prices For Asia and Europe
Aramco, the Saudi Arabian energy giant, has said it sees demand in Asia and Europe beginning to pick up so it is raising its prices for those regions. The company’s…
Inflatable Military Hardware Decoys Are Big Business
On Monday, Inflatech, a Czech firm which manufactures inflatable decoy military weapons systems, including fake American HIMARS rocket launching systems and Abrams tanks, which are being used in Ukraine, announced…
EU Assembles A Gas-Buying Cartel
On Tuesday, Bloomberg reported that member states of the European Union are beginning to engage in joint gas-buying, with the first tender being launched next month. The move is in…
Germany On Course For Power Blackouts
On Sunday, Welt am Sonntag reported that a local McKinsey study showed that within the next two years, Germany could be facing power shortages as demand rises and the nation’s…
Russia Sells Nickel At Prices Set In Yuan
This week Bloomberg reported that Norilsk Nickel, the Russian mining giant, has begun selling metal to China at prices set in yuan in Shanghai, as the global trade in commodities…