EU power prices soar to new highs

Electricity prices in the EU’s day-ahead spot markets have surged to new highs on Friday amid rising energy demand and lower gas flows from Russia. According to European Power Exchange data, day-ahead electricity prices in France, Belgium and Germany showed the largest growth. Prices in Europe’s largest economy, Germany, rose from €599.83 per megawatt-hour on…

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The EU wants to move out of Uncle Sam’s basement but is too picky about its economic roommates

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Moscow gets new futuristic Metro station (PHOTOS)

The newly-opened Pykhtino stop pays homage to the rich history of Russian aviation Moscow officials have opened a new Metro station in the southeastern part of the capital, with a sleek, modernist design celebrating Russia’s achievements in the aircraft construction industry over the decades.

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