France faces recession threat – S&P

France’s economic output is declining for the first time in a year and a half, mirroring the trend seen in Germany, Bloomberg reported on Tuesday, citing S&P Global data.  According to the report, a gauge of French private-sector activity by S&P Global plunged in August to its lowest level since the Covid-related disruptions of early…

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EU country suggests Nord Stream 2 should be dismantled

The president of Poland says doing so would be appropriate retaliation for the conflict in Ukraine Polish President Andrzej Duda on Tuesday called for a ‘complete dismantling’ of Russia’s Nord Stream 2 gas pipeline.

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Ukraine unplugs from Russian power grid

Ukraine has terminated an agreement with Moscow on the operation of the two countries’ energy systems, the government’s representative to the Rada, Taras Melnichuk, announced on Tuesday. “The agreement between the Cabinet of Ministers of Ukraine and the Russian government on measures to ensure the parallel operation of the unified energy system of Ukraine and…

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