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UK banking giant axing staff before Christmas – union

British banking giant Barclays will cut 900 jobs across its domestic business, trade union Unite revealed on Tuesday, calling the bank’s move “disgraceful” in the run-up to Christmas. According to Unite, the cuts would mostly target the bank’s back-office divisions such as compliance, finance, legal, policy, IT and risk.

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EU reselling Russian gas – FT 

Ports in Belgium, Spain, and France have reportedly helped re-export over 20% of LNG deliveries from the sanctioned country The EU is reselling more than a fifth of its imports of liquefied natural gas (LNG) from Russia to other parts of the world, the Financial Times reported on Wednesday.

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Germany warns against ‘fatal’ Ukraine fatigue

NATO foreign ministers grappled with Western commitment to the conflict during a key meeting in Brussels Dwindling public attention to the Ukraine conflict will be “fatal,” German Foreign Minister Annalena Baerbock has said, in the run-up to a key NATO meeting in Brussels on Wednesday.

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