The finance ministers of the Group of Seven influential nations announced on Friday their intention to ban maritime services transporting Russian oil if its price is not approved by ‘international partners.’
The cost of energy imports into Italy are expected to double to €100 billion, Reuters reported on Saturday, citing the country’s Economy Minister Daniele Franco. Rome cannot keep spending indefinitely to cushion the blow on the economy, the minister warned, speaking at the annual Ambrosetti business forum. He added that Italy’s high debt reduces its…
EU members should ‘stop complaining’ and ‘pay the price’ for the Russia-Ukraine conflict, says leader of the bloc which started it all The General Secretary of NATO, Jens Stoltenberg, took it upon himself recently to lecture the members of the European Parliament about the need to “pay the price” necessary to keep Ukraine able to…