Everyone Boris Johnson throws under the bus to sell his new book

This article discusses the European Union's latest sanctions package against Russia, which includes measures like banning the Nord Stream gas pipelines and reducing the oil price cap, but faces hurdles, particularly from Hungary and Slovakia. Blackstone plans to invest $500 billion in Europe, betting on economic reforms, while Denmark's climate minister emphasizes the need for a positive vision to achieve the EU’s ambitious climate goals. Amidst these challenges, the article highlights the narrowing gap between...

A German start-up, Proxima Fusion, has raised a record €130 million in funding to advance its fusion energy technology, focusing on developing a stellarator device, which is seen as a viable alternative to traditional tokamaks. This investment, led by Cherry Ventures and Balderton Capital, positions Proxima as a potential leader in fusion power, aiming to construct a unique magnet by 2027 and a demonstration plant by 2031, as emphasized by CEO Francesco Sciortino. With strong...

The world’s oceans experienced the second-highest recorded temperatures for May, with an average sea surface temperature of 20.79°C, raising concerns about their ability to absorb carbon dioxide amidst rising CO₂ levels peaking at 426 parts per million. Scientists warn that the ocean's capacity to mitigate climate change may diminish due to increasing marine heatwaves and long-term warming trends, particularly in the North Atlantic. Recent data indicates that while surface temperatures remain high, May marked a...

SummaryIn Malta, bombmakers Robert Agius and Jamie Vella were sentenced to life in prison for their roles in the contract murder of investigative journalist Daphne Caruana Galizia, who was killed by a car bomb in October 2017 to silence her reporting on political corruption. The trial highlighted the Maltese government's failure to protect Caruana Galizia, leading to widespread protests and the resignation of then-Prime Minister Joseph Muscat. The case continues to unfold, with businessman Yorgen...

The European Commission is proposing a new round of sanctions against Russia, which includes lowering the oil price cap from $60 to $45 per barrel and banning the use of Nord Stream infrastructure. This 18th package, aimed at increasing pressure on Russia amid stalled Ukraine peace talks, also seeks to list additional Russian banks and shadow fleet vessels, while providing safeguards for Belgium against potential lawsuits from Moscow. EU member states must unanimously adopt the...

Italian, Spanish, and Greek sovereign bonds have experienced a significant rally this year, narrowing their borrowing costs relative to Germany to near decade lows due to stronger growth and increased debt-sharing within the Eurozone. Italy's 10-year borrowing costs are just 0.9 percentage points above Germany's, while Spain's are lower than France’s, reflecting improved public finances and a post-Covid tourism boom. However, concerns about high debt levels in southern Europe persist, as debt-to-GDP ratios remain close...