EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv
The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a report marking the third anniversary of the invasion has found.
The EU bought €21.9bn (£18.1bn) of Russian oil and gas in the third year of the war, according to estimates from the Centre for Research on Energy and Clean Air (Crea), despite the efforts under way to kick the continent’s addiction to the fuels that fund Vladimir Putin’s war chest.
Continue reading...
Read more at The Guardian
-
More than 40,000 items knitted for Ukraine appeal
Yahoo News - 20h -
‘No more excuses’: Europe under pressure on defence spending three years after Russian invasion
Continent is being told to take more responsibility for its own defence in light of US president’s overtures to Putin. A few days after Vladimir Putin sent Russia’s invading forces into Ukraine in ...The Guardian - 5h -
EU envoys approve more sanctions against Russia to mark the third anniversary of its war on Ukraine
European Union envoys have approved new sanctions against Russia, with the measures set to enter into force next week on the third anniversary of its full-scale invasion of UkraineABC News - 4d -
Austria, a Longtime Buyer of Russian Gas, Tries to Break the Habit
OMV, a multinational energy company based in Vienna, has shifted to other options, including increasing its own output of natural gas, drilling for oil and experimenting with geothermal energy.The New York Times - 1d -
Zelensky: Ukraine in the EU gives it an 'economic security' guarantee
Yahoo News - 16h -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - 1d -
With Explosive Goggles, Ukraine Sought to Blast Russian Drone Operators
A senior Ukrainian intelligence official confirmed the plot to blow up drone goggles. But it was unclear how much effect the scheme had on Russian forces.The New York Times - 3d -
Amazon paid more than $1bn to take creative control of James Bond
007 stars offer mixed reactions to deal with the British-American heirs to the film producer Albert ‘Cubby’ Broccoli. Business live – latest updates Amazon has paid more than $1bn for ...The Guardian - 2d -
Tesla recalls more than 376,000 vehicles over power steering issue
Loss of power steering caused by overstressed motor drive components will require increased steering effort from driver, raising risk of crash, NHTSA says.CBS News - 2d
More from The Guardian
-
Germany: Merz calls for European ‘independence’ from US after Conservatives win election – Europe live
Donald Trump has made it clear he is ‘fairly indifferent to Europe’s fate’, says CDU leader who plans to form a coalition by Easter. German election 2025: results in full Guten Morgen aus ...The Guardian - 19m -
Israel says West Bank operation will last for a year as it sends tanks to Jenin
Continued operation in Palestinian territory will leave 40,000 displaced people unable to return home. Israel has sent tanks to the West Bank city of Jenin, in the first deployment of its kind in ...The Guardian - 15h -
Foreign leaders arrive in Kyiv to mark anniversary of war as Zelenskyy hails ‘three years of resistance’ – Ukraine war live
Ukraine president pays tribute to ‘absolute heroism’ of Ukrainians as EU leaders arrive in Kyiv. the . She told reporters “I think it’s good that we have as many interactions with the new ...The Guardian - 18m -
More than 150,000 Canadians sign petition to revoke Musk’s citizenship
Parliamentary petition launched due to billionaire’s link to Trump, who has repeatedly threatened to conquer Canada. More than 150,000 people from Canada have signed a parliamentary petition ...The Guardian - 2h -
Trump administration eliminating 2,000 USAid positions in US, notice says
All but handful of agency’s personnel around world to be placed on paid leave, according to notice sent to workers. The Trump administration on Sunday said it was placing all but a handful of USAid ...The Guardian - 8h
More in World
-
Merz Appears Poised to Be Germany’s Next Chancellor
Exit polls suggest that Friedrich Merz, the candidate for the conservative Christian Democrats who has vowed to bring stronger leadership in Europe, will be Germany’s next leader. The hard-right ...The New York Times - 7m -
Euro hits one-month high and German stocks rally as investors welcome election result – business live
Rolling coverage of the latest economic and financial news, as euro rallies and DAX and MDAX indices rise in early trading. German election live: Merz says priority is to make Europe independent ...The Guardian - 17m -
Foreign leaders arrive in Kyiv to mark anniversary of war as Zelenskyy hails ‘three years of resistance’ – Ukraine war live
Ukraine president pays tribute to ‘absolute heroism’ of Ukrainians as EU leaders arrive in Kyiv. the . She told reporters “I think it’s good that we have as many interactions with the new ...The Guardian - 18m -
Germany: Merz calls for European ‘independence’ from US after Conservatives win election – Europe live
Donald Trump has made it clear he is ‘fairly indifferent to Europe’s fate’, says CDU leader who plans to form a coalition by Easter. German election 2025: results in full Guten Morgen aus ...The Guardian - 19m -
Lucca keeps Italy’s spot-kick spat burning with latest penalty drama | Nicky Bandini
After Ademola Lookman’s miss in midweek, Lorenzo Lucca invited further criticism in ignoring his Udinese teammates. This was the week of the undesignated penalty taker in Italian football. On ...The Guardian - 21m