Losing Russian gas has hurt Germany s economy - minister
The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»
Loss of Russian gas has hurt German economy - minister
The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»
Germany spending billions to replace nuclear power
The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»
EU s largest economy spending billions to replace nuclear power
Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»
Germany mulling sale of stake in top gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»
Germany mulling stake sale in major gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»
EU country profiting from Russian gas - Bloomberg
Gazprom supplied all of the agreed-upon volumes to Austria under a long-term contract, the outlet says Austria has become a net energy exporter for the first time in twenty years as stable supplies of Russian natural gas allowed it to sell more electricity than it imported, Bloomberg reported this week. .....»»
Russian car production surged in 2023 - data
The industry has rebounded after a sharp downturn in 2022 Russian factories produced more than 700,000 vehicles last year in what has been a rapid recovery from Western sanctions, Russian Deputy Prime Minister Denis Manturov announced on Monday. Car production in Russia rose by 16% in 2023, with ov.....»»
Putins Wiretap Leak Aims to Destabilize Germany, Says Defence Minister
German Defence Minister Boris Pistorius has accused Russian President Vladimir Putin of attempting to create discord and chaos by leaking an army discussion about the.....»»
German foreign minister grateful for Philippine health workers
Germany is grateful to Filipinos, especially in the health sector, for their important work in strengthening Germany’s health sector, Foreign Minister Annalena Baerbock said......»»
PH Secures PHP 222-B Investment from Germany
The Philippines has secured a substantial USD 4 billion (equivalent to PHP 222 billion) in investments across diverse sectors during President Ferdinand R. Marcos Jr.’s visit to Germany. President Marcos unveiled this information on Wednesday morning’s Facebook post, underlining the significance of these deals with Germany, a notable player in the European Union. Drawing on […].....»»
Russian economy on sustainable growth trajectory - Mishustin
The country's GDP expanded above expectations last year Russia has not only withstood the pressure of Western sanctions and outside risks but has also managed to steer its economy toward sustainable growth, Prime Minister Mikhail Mishustin said on Tuesday. Every sector of industry registered positive dev.....»»
West divided over seizing Russian assets - Bloomberg
France and Germany have warned that outright confiscation would reflect badly on the West's financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday. &n.....»»
ERC OKs limited use of LNG for Meralco, FGEN
The Energy Regulatory Commission has allowed First Gas Power Corp. and FPG Corp. to use liquefied natural gas as an alternative fuel supply source for the Sta. Rita and San Lorenzo gas plants “in the case of the occurrence of a fuel supply force majeure event.”.....»»
MGen, Aboitiz to invest in Chromite Gas Holdings
Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc. to invest in Chromite Gas Holdings, as part of a plan to launch the country’s first and most expansive integrated liquefied natural gas facility in Batangas......»»
Russian activist and Putin critic Alexei Navalnys demise inside prison – The Daily Guardian
Title: Russian Opposition Leader Alexei Navalny Dies in Jail, Fueling Controversy and Political Turmoil Byline: [Author’s Name] Date: [Date] Word Count: 350 Russian opposition leader.....»»
Marcos to visit Germany in March
According to the Presidential Communications Office, Marcos told German Foreign Minister Annalena Baerbock that “he is hoping to develop more cooperation with the government of Germany as he looks forward to visiting the country in March this year.”.....»»
Jaishankar calls on Singapore PM Lee Hsien Loong, values his perspective on current state of world
Singapore, March 25 (ANI): External Affairs Minister S Jaishankar called on Singapore Prime Minister Lee Hsien Loong on Monday and conveyed the greetings of Prime Minister Narendra Modi. Jaishankar valued Lee Hsien Loong's perspectives on the current state of the world. In a post on X, Jaishankar stated, "Honoured to call on Prime Minister @leehsienloongat The Istana. Conveyed the personal greetings of PM @narendramodi. V.....»»
Jaishankar calls on Singapore PM Lee Hsien Loong, values his perspective on current state of world
Singapore, March 25 (ANI): External Affairs Minister S Jaishankar called on Singapore Prime Minister Lee Hsien Loong on Monday and conveyed the greetings of Prime Minister Narendra Modi. Jaishankar valued Lee Hsien Loong's perspectives on the current state of the world. In a post on X, Jaishankar stated, "Honoured to call on Prime Minister @leehsienloongat The Istana. Conveyed the personal greetings of PM @narendramodi. V.....»»
New Delhi raises target for defense exports
India is set to increase production of aircraft engines and gas turbines, aiming to become a major player in the arms tradeThe Indian government has increased its annual target for defense and aerospace production to $36 billion, while raising the export target to $6 billion. Indian Defense Minister Rajnath Singh said the country aims to increase its production of jet engines and gas turbines to.....»»
Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF
Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»