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342European Commission approves € 149 million Romanian scheme to support production of renewable hydrogen
Romanian scheme to support the production of renewable hydrogen will be funded through the RRF
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309Bank of England increases interest rates to 1.75%, warns of recession this year
The Bank of England has warned that U.K. will fall into recession this year as it raised interest rates from 1.25% to...
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312E.U. calls for tension between China and Taiwan to be resolved through dialogue
The European Union has urged Taiwan for communication channels with China to be kept open to avoid miscalculation
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400HERA signs joint procurement contract with HIPRA for COVID-19 vaccine
The European Commission has signed a joint procurement contract with Spanish pharmaceutical firm HIPRA for the supply of its protein COVID-19 vaccine
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392First ship carrying grains leaves from Odesa Port in Ukraine to Lebanon
The deal to resume grains export took 2 months to materialize and is set to last 120 days, raising hopes that the...
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348Gazprom cuts off gas supplies to Latvia
The Russian State-owned energy giant - Gazprom has suspended the gas supplies to Latvia, accusing it of violating the conditions of purchase
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314European Commission publishes DESI 2022 results, adoption of AI and Big Data remain low
The member states are struggling to close the gaps in digital skills, the digital transformation of SMEs, and the roll-out of advanced...
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276European Commission to monitor progress of E.U.’s environment and climate goals
European Commission has defined headline indicators for monitoring progress towards E.U.’s environment and climate goals
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325IMF warns U.K. growth to fall to 0.5% in 2023; world economic growth to fall to 3.2%
IMF has said that U.K. is set for the slowest growth among the G7 economies next year
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341EIB announces financial assistance of € 1.59 billion to help Ukraine
The EIB Board, supported by EU has announced to help Ukraine rebuild the most essential damaged infrastructure and resume critically important projects
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294Hungary says E.U. sanctions on Russia have failed and they need a new strategy on peace talks
Orban has been saying that Hungary is not in favour of sanctions imposed by E.U. on Russia.
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368Ukraine and Russia sign deal to resume grain export from ports in Ukraine
In a major breakthrough, Russia and Ukraine signed a deal in Istanbul for resuming exports of grains from Ukrainian Black Sea ports
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387EU to invest € 1.2 billion in defence R&D projects
European Commission will invest € 1.2 billion to support 61 collaborative defence research and development projects
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331European Commission urges Member States to reduce gas usage by 15%
The European Commission also adopted a European Gas Demand Reduction Plan which sets out measures, principles and criteria for coordinated demand reduction
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379Putin to discuss Ukraine, food grain and Syria with Ayatollah Ali Khamenei and Erdogan
Russia is looking to deepen ties with Iran as both of them have been a target of Western sanctions
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282Zelenskyy suspends Head of SBU and Prosecutor General over charges of treason
Head of SBU- Ivan Bakanov and Prosecutor General- Iryna Venediktova have been suspended on charges of treason and collaborating with Russia
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265Russian Court sentences Putin critic Andrei Pivovarov to 4 years of jail
Another Russian opposition activist - Andrei Pivovarov has been sentenced to 4 years in prison for leading a banned pro-democracy group.
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307Johnson resigns as the Prime Minister of U.K.
Boris Johnson has resigned as the Prime Minister of United Kingdom following two days of desperate attempts to cling onto power
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284Sri Lanka looking up to Putin for fuel bail-out
Russia is expanding footprints in Asia with Sri Lankan president urging Putin to help import fuel
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308E.U. to set-up a platform for rebuilding Ukraine
The platform to rebuild Ukraine will be used to map investment needs, coordinate action and channel resources
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344U.K. and Singapore sign MoU to strengthen collaboration in the field of digital Government
MoU will further strengthen the existing relationship between the UK and Singapore in the areas of digital government public services
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307U.S. provides more LNG to E.U. than Russia for the first time
The E.U. is preparing an emergency plan to help Member States cut back on Russian energy
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363U.S. to send more weapons to Ukraine worth U.S. $ 820 million
The U.S. $ 820 million ammunition will be a part of U.S. assistance package, announced by Joe Biden during the gathering of...
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343E.U. and New Zealand finalise negotiations on trade agreement
Trade Agreement between EU and New Zealand is set to open significant economic opportunities for companies and consumers on both sides
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351U.S. to increase military presence across Europe and U.K.
U.S. will send warships to Spain, fighter jets to the U.K. and ground troops to Romania apart from increasing the troops to...
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