Economic sentiment in Central and Eastern Europe (CEE) rose in August, indicating a potential acceleration in regional GDP growth to around 2.5% y/y, according to a note published by Nicholas Farr, emerging Europe economist at Capital Economics.
Hungary has launched a lawsuit against the EU over the use of billions of euros in interest accrued from frozen Russian sovereign assets to finance military support for Ukraine.
One of the key components of the trade deal that the European Union and the US agreed upon on July 27 is the EU’s commitment to massively ramp up energy imports from the United States, Statista reports.
The US Environmental Protection Agency (EPA) released a controversial report in July claiming the effects of the Climate Crisis were overblown. A fact check by Carbon Brief found it is full of lies and errors.
US President Donald Trump is very angry with Hungarian Prime Minister Viktor Orban over the attacks on Russia’s Druzhba oil pipeline that lead to an exchange of irate letters over the weekend.
Russian crude deliveries to Slovakia and Hungary were suspended on August 21 after a third attack on the Druzhba pipeline system in less than two weeks, officials confirmed. Flows are expected to remain offline for at least five days.
By 2050, more than 1.6bn people, including almost 20% of the African population, will be exposed to severe and extreme droughts, if a pessimistic scenario plays out, according to a report by INFORM Climate Change.
Planting trees should reduce the amount of CO₂ in the atmosphere right? Well, its not so easy as that. Trees also provide shade and prevent sunlight from reaching the ground that could reflect it back into space, cooling the plant.
The European Union is enduring its most severe wildfire season since records began, with more than 1.01mn hectares of land scorched so far this year,
Ukraine has carried out another strike on the Druzhba oil pipeline, hitting the Unecha oil pumping station in the latest of a series of incidents targeting the Soviet-era pipeline.