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Tag: European Union Countries

  • France Detains Russian ‘Shadow Fleet’ Tanker Suspected in Drone Attack

    PARIS—French authorities detained crew members of a tanker carrying Russian crude oil and are investigating whether it played a role in last week’s drone incursions in Denmark.

    French soldiers boarded the tanker, which is under Western sanctions, as it was en route to India from Russia’s Baltic Sea port of Primorsk. The vessel was traveling south through the Bay of Biscay when it turned east and headed toward Saint-Nazaire, home to Europe’s largest shipyard, according to the ship-tracking service Kpler. Authorities took the tanker’s captain and second-in-command into custody.

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    Matthew Dalton

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  • Opinion | Will Europe Admit It’s at War?

    Vladimir Putin declared war on Europe on Feb. 24, 2022, by sending his tanks to assault Ukraine. Or in December 2021, when Andrei Kartapolov, chairman of the Duma’s Defense Committee, threatened any country that stood in his way with a “preventive strike.” Or on Feb. 20, 2014, when the Russian army invaded Crimea.

    This year things are speeding up. Intimidations, provocations and aggressions are multiplying:

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    [ad_2] Bernard-Henri Lévy
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  • German Firm’s African Green-Energy Project Runs Into Ghosts From Past

    NAIROBI, Kenya—A giant hydrogen-generation project in Africa is pitting German clean-energy executives against descendants of victims of Germany’s forgotten colonial genocide.

    A major German renewables company, Enertrag, aims to build one of the world’s biggest green hydrogen plants, called Hyphen Hydrogen Energy, on the Atlantic coast of Namibia, Germany’s former colony in southwestern Africa. If all goes well, the company predicts the $10 billion facility, powered by wind and solar, will help wean Europe off oil and gas and create thousands of jobs in Namibia. Last year, Germany announced its intention to recognize Hyphen as a project of strategic national interest, which would qualify it for special funding and investment from the German government.

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    Caroline Kimeu

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  • How Arctic Soldiers Train for What They Fear Most: Warm Weather

    The high north is dreaded for its bone-chilling winters. Even worse, say soldiers there, is the warmer season, when insects infest marshes that flood overnight.

    Sune Engel Rasmussen

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  • Germany Jails Chinese Spy, Marking New Low in China-Europe Relations

    The sentencing of the former assistant to a German far-right lawmaker casts fresh light on China’s spying efforts in Europe.

    Bertrand Benoit

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  • French Inflation Picks Up Pace as ECB Looks Likely to Keep Rates in Place

    Annual inflation picked up pace in France at the end of the summer, despite a political stalemate holding back economic activity, as the European Central Bank looks likely to keep interest rates untouched.

    Consumer prices rose 1.1% on year this month, EU-harmonized figures published by the country’s statistics authority showed Tuesday. That was a little less than economists had expected and keeps the rate below the 2% level targeted by the ECB, but nonetheless marks an increase to the fastest rate of annual inflation since the beginning of the year.

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    Joshua Kirby

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  • Opinion | How Israel Can Punish France and Britain

    Shutter the consulates in Jerusalem, which act as embassies to the Palestinian Authority.

    Ran Ichay

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  • Denmark Says New Drone Flights Over Military Base, Airports Are ‘Hybrid Attack’

    Denmark said it had suffered a hybrid attack by a professional actor after drones were observed over several airports late on Wednesday, the second time in less than a week that unmanned aircraft have disrupted air traffic in the Nordic nation, a NATO member.

    Drones were spotted over at least four airports in the western part of the country, including a military air base housing most of Denmark’s F-16 and F-35 jet fighters. 

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    Sune Engel Rasmussen

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  • Rheinmetall to Build Ammunition Plant in Latvia

    Rheinmetall plans to build an ammunition plant in Latvia, as part of its efforts to ramp up production to respond to increasing demand from North Atlantic Treaty Organization’s member states.

    The German arms maker signed a preliminary deal in Hamburg on Thursday for the construction of a new 155mm ammunition factory in the Baltic country, helping Latvia to boost its deterrence vis-a-vis Russia.

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    Cristina Gallardo

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  • Markets – MarketWatch

    Markets – MarketWatch

    Technology-stock gains drive big day, week on Wall Street

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  • Orsted Books $4 Bln Impairments, Walks Away From Two US Offshore Projects

    Orsted Books $4 Bln Impairments, Walks Away From Two US Offshore Projects

    Updated Nov. 1, 2023 3:33 am ET

    Orsted booked a 28.4 billion Danish kroner ($4.02 billion) impairment charge in the third quarter related to its U.S. offshore wind portfolio and said it will stop development of two wind farm projects off the coast of New Jersey amid spiraling costs and supplier delays.

    The Danish renewable-energy company had previously warned of up to DKK16 billion of impairments after flagging increasing supply-chain risks at U.S. projects, while a lack of favorable progress on U.S. tax credits and higher interest rates were also sending project costs higher.

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  • Intel’s Big Chip-Making Push in Germany Hits Bottleneck

    Intel’s Big Chip-Making Push in Germany Hits Bottleneck

    Intel’s Big Chip-Making Push in Germany Hits Bottleneck

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