Rising gas prices could drive Polish energy firms into bankruptcy

Soaring natural gas prices may push smaller energy companies in Poland into bankruptcy, according to Petr Wozniak, the former head of the country’s state oil and gas company PGNIG. Wozniak said the problem stems from the fact that energy companies buy gas on the European spot market, where prices have been on the rise for…

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Mexico’s imports from Russia soar

Imports of Russian goods by Mexico saw a substantial annual increase of more than 20% during the first six months of the current year, according to the latest figures released by the Bank of Mexico. In monetary terms, Mexican imports from Russia amounted to $1.193 billion. In June alone, purchases of Russian goods by the…

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Moderna sues Big Pharma rivals over vaccine patents

Pharmaceutical giant Moderna has filed lawsuits against competitors Pfizer and BioNTech, claiming they “copied” its technology to create their coronavirus vaccine and infringed patents linked to the immunization process.

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